Benelux: Refined Lead Market 2023

Refined Lead Market Size in Benelux

The Benelux refined lead market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption showed a buoyant increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Refined Lead Production in Benelux

In value terms, refined lead production fell rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 181%. Over the period under review, production hit record highs at $X in 2021, and then declined notably in the following year.

Refined Lead Exports

Exports in Benelux

In 2022, approx. X tons of refined lead (unwrought) were exported in Benelux; dropping by -55.9% compared with 2021. Overall, exports, however, saw a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 168% against the previous year. As a result, the exports attained the peak of X tons, and then fell sharply in the following year.

In value terms, refined lead exports fell markedly to $X in 2022. Over the period under review, exports, however, posted a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 202% against the previous year. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

Belgium dominates exports structure, finishing at X tons, which was near 98% of total exports in 2022. The Netherlands (X tons) held a relatively small share of total exports.

Belgium was also the fastest-growing in terms of the refined lead (unwrought) exports, with a CAGR of +2.4% from 2012 to 2022. The Netherlands (-15.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium increased by +12 percentage points.

In value terms, Belgium ($X) remains the largest refined lead supplier in Benelux, comprising 98% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 2.2% share of total exports.

In Belgium, refined lead exports increased at an average annual rate of +3.3% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, picking up by 3.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 23%. The level of export peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.8%).

Refined Lead Imports

Imports in Benelux

In 2022, overseas purchases of refined lead (unwrought) decreased by -75.8% to X tons, falling for the second consecutive year after five years of growth. Over the period under review, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 563% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, refined lead imports contracted notably to $X in 2022. In general, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 614%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands was the main importer of refined lead (unwrought) in Benelux, with the volume of imports amounting to X tons, which was approx. 87% of total imports in 2022. It was distantly followed by Belgium (X tons), making up an 11% share of total imports. Luxembourg (X tons) took a relatively small share of total imports.

The Netherlands was also the fastest-growing in terms of the refined lead (unwrought) imports, with a CAGR of -6.2% from 2012 to 2022. Luxembourg (-8.2%) and Belgium (-37.8%) illustrated a downward trend over the same period. The Netherlands (+75 p.p.) and Luxembourg (+2 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -77.2% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported refined lead (unwrought) in Benelux, comprising 84% of total imports. The second position in the ranking was held by Belgium ($X), with a 13% share of total imports.

In the Netherlands, refined lead imports declined by an average annual rate of -5.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-35.6% per year) and Luxembourg (-4.9% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, rising by 2.6% against the previous year. Import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined lead import price increased by +50.9% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 51% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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