EU: Pyrites Market 2024

Pyrites Market Size in the EU

After six years of growth, the EU pyrites market decreased by X% to $X in 2022. In general, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2012; afterwards, it flattened through to 2022.

Pyrites Production in the EU

In value terms, pyrites production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Pyrites Exports

Exports in the EU

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. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, pyrites exports declined notably to $X in 2022. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons), Italy (X tons) and Romania (X tons) represented roughly X% of total exports in 2022. Germany (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Italy (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Italy ($X) remains the largest pyrites supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Italy amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and Finland (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Austria ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Pyrites Imports

Imports in the EU

In 2022, after four years of growth, there was significant decline in overseas purchases of pyrites, when their volume decreased by X% to X tons. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, pyrites imports contracted dramatically to $X in 2022. In general, imports saw a slight decrease. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021, and then contracted significantly in the following year.

Imports by Country

Italy represented the main importing country with an import of about X tons, which reached X% of total imports. Germany (X tons) held the second position in the ranking, followed by Denmark (X tons), Spain (X tons) and Austria (X tons). All these countries together held near X% share of total imports. The following importers - Sweden (X tons) and the Czech Republic (X tons) - each resulted at a X% share of total imports.

Imports into Italy increased at an average annual rate of X% from 2012 to 2022. At the same time, Denmark (X%), the Czech Republic (X%) and Spain (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Sweden experienced a relatively flat trend pattern. By contrast, Austria (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Italy, Denmark, Spain and the Czech Republic increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pyrites importing markets in the European Union were Italy ($X), Germany ($X) and Spain ($X), with a combined X% share of total imports. Austria, Denmark, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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