Benelux: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in Benelux

In 2022, after two years of growth, there was significant decline in the Benelux aluminium and titanium market, when its value decreased by X% to $X. Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Aluminium And Titanium Production in Benelux

In value terms, aluminium and titanium production declined slightly to $X in 2022 estimated in export price. In general, production recorded a noticeable setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Aluminium And Titanium Exports

Exports in Benelux

For the third year in a row, Benelux recorded growth in shipments abroad of aluminium and titanium, which increased by X% to X tons in 2022. Overall, exports recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, aluminium and titanium exports skyrocketed to $X in 2022. In general, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Belgium (X tons), creating a X% share of total exports. Luxembourg (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the aluminium and titanium exports, with a CAGR of X% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. Luxembourg (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Luxembourg (X p.p.) and Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest aluminium and titanium supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

In the Netherlands, aluminium and titanium exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, rising by X% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium and titanium export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Aluminium And Titanium Imports

Imports in Benelux

For the third consecutive year, Benelux recorded growth in overseas purchases of aluminium and titanium, which increased by X% to X tons in 2022. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, aluminium and titanium imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the Netherlands (X tons) was the major importer of aluminium and titanium, creating X% of total imports. It was distantly followed by Belgium (X tons), creating an X% share of total imports. Luxembourg (X tons) held a minor share of total imports.

The Netherlands was also the fastest-growing in terms of the aluminium and titanium imports, with a CAGR of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. By contrast, Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported aluminium and titanium in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium and titanium import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :