Eastern Europe: Pyrites Market 2024

Pyrites Market Size in Eastern Europe

In 2022, the East European pyrites market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Pyrites Production in Eastern Europe

In value terms, pyrites production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Pyrites Exports

Exports in Eastern Europe

In 2022, overseas shipments of pyrites decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, exports saw a pronounced decline. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, pyrites exports fell rapidly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Russia represented the largest exporter of pyrites in Eastern Europe, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Romania (X tons), making up a X% share of total exports.

Russia was also the fastest-growing in terms of the pyrites exports, with a CAGR of X% from 2012 to 2022. Romania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by X percentage points.

In value terms, Russia ($X) remains the largest pyrites supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price saw tangible growth. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Romania totaled $X per ton.

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

Pyrites Imports

Imports in Eastern Europe

In 2022, after three years of growth, there was significant decline in overseas purchases of pyrites, when their volume decreased by X% to X tons. Total imports indicated a slight expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, pyrites imports declined notably to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) represented the major importer of pyrites, achieving X% of total imports. It was distantly followed by Bulgaria (X tons), Poland (X tons) and Russia (X tons), together mixing up a X% share of total imports. The following importers - Romania (X tons), Ukraine (X tons) and Belarus (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrites importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Bulgaria ($X), with a combined X% share of total imports. Ukraine, Russia, Belarus and Romania lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, showed a slight curtailment. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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