EU: Bentonite Market 2024

Bentonite Market Size in the EU

The EU bentonite market rose significantly to $X in 2023, surging by X% against the previous year. In general, consumption, however, enjoyed a strong expansion. The level of consumption peaked in 2023 and is expected to retain growth in the near future.

Bentonite Production in the EU

In value terms, bentonite production reached $X in 2023 estimated in export price. Overall, production, however, saw a prominent increase. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked in 2023 and is expected to retain growth in the near future.

Bentonite Exports

Exports in the EU

In 2023, overseas shipments of bentonite increased by X% to X tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked in 2023 and is likely to see steady growth in years to come.

In value terms, bentonite exports reached $X in 2023. Total exports indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in the near future.

Exports by Country

Italy (X tons), Slovakia (X tons), the Netherlands (X tons), the Czech Republic (X tons), Greece (X tons), Cyprus (X tons), Spain (X tons), Germany (X tons), Bulgaria (X tons), Poland (X tons), Denmark (X tons) and Belgium (X tons) represented roughly X% of total exports in 2023.

From 2012 to 2023, the biggest increases were recorded for Greece (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries in the European Union were the Netherlands ($X), Italy ($X) and the Czech Republic ($X), together accounting for X% of total exports. Germany, Spain, Slovakia, Poland, Belgium, Denmark, Bulgaria, Cyprus and Greece lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports in the EU

After two years of growth, purchases abroad of bentonite decreased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then reduced slightly in the following year.

In value terms, bentonite imports rose sharply to $X in 2023. Total imports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of bentonite imports in 2023 were Germany (X tons), the Netherlands (X tons), Poland (X tons), Sweden (X tons) and Italy (X tons), together reaching X% of total import. France (X tons) took the next position in the ranking, followed by Spain (X tons). All these countries together took near X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported bentonite in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

In Germany, bentonite imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform