EU: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in the EU

The EU market for chromium, manganese, lead and copper oxides and hydroxides declined slightly to $X in 2023, with a decrease of X% against the previous year. In general, consumption showed a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Chromium, Manganese, Lead and Copper Oxides and Hydroxides in the EU

In value terms, production of chromium, manganese, lead and copper oxides and hydroxides declined modestly to $X in 2023 estimated in export price. Overall, production recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports in the EU

After two years of growth, overseas shipments of chromium, manganese, lead and copper oxides and hydroxides decreased by X% to X tons in 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides dropped remarkably to $X in 2023. In general, exports recorded a mild decrease. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined notably in the following year.

Exports by Country

The shipments of the five major exporters of chromium, manganese, lead and copper oxides and hydroxides, namely Spain, the Netherlands, Belgium, Germany and France, represented more than two-thirds of total export. It was distantly followed by Italy (X tons), mixing up a X% share of total exports.

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

In value terms, the largest chromium, manganese, lead and copper oxide and hydroxide supplying countries in the European Union were Germany ($X), Spain ($X) and Belgium ($X), together accounting for X% of total exports. The Netherlands, Italy and France lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, France, with a CAGR of X%, saw the highest growth rate of the value of exports, 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, which is down by X% against the previous year. In general, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports in the EU

Imports of chromium, manganese, lead and copper oxides and hydroxides declined to X tons in 2023, with a decrease of X% on 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides declined to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, Spain (X tons), Germany (X tons), the Netherlands (X tons), Belgium (X tons), Poland (X tons) and France (X tons) was the major importer of chromium, manganese, lead and copper oxides and hydroxides in the European Union, making up X% of total import. It was distantly followed by Italy (X tons), constituting a X% share of total imports.

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

In value terms, Germany ($X), Belgium ($X) and Spain ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Poland, the Netherlands, Italy and France lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 the European Union stood at $X per ton in 2023, falling by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then contracted in the following year.

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 Italy ($X per ton), while France ($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.

Source: IndexBox Platform