EU: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in the EU

The EU market for refractory products of siliceous or diatomite earths totaled $X in 2022, therefore, remained relatively stable against the previous year. The total consumption indicated noticeable growth from 2012 to 2022: its value 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Refractory Products of Siliceous or Diatomite Earths in the EU

In value terms, production of refractory products of siliceous or diatomite earths shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports in the EU

For the ninth consecutive year, the European Union recorded growth in overseas shipments of refractory products of siliceous or diatomite earths, which increased by X% to X tons in 2022. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of refractory products of siliceous or diatomite earths rose significantly to $X in 2022. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Italy was the largest exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Spain (X tons) and Slovakia (X tons), together committing a X% share of total exports. The following exporters - Ireland (X tons), the Netherlands (X tons) and France (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest refractory products of siliceous or diatomite earths supplying countries in the European Union were Italy ($X), Spain ($X) and France ($X), together comprising X% of total exports. The Netherlands, Ireland and Slovakia lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The export price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 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 France ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

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

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports in the EU

In 2022, imports of refractory products of siliceous or diatomite earths in the European Union soared to X tons, increasing by X% on the previous year. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of refractory products of siliceous or diatomite earths surged to $X in 2022. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The Czech Republic dominates earths structure, finishing at X tons, which was near X% of total imports in 2022. Ireland (X tons) ranks second in terms of the total imports with a X% share, followed by Greece (X%). The Netherlands (X tons), Germany (X tons), Bulgaria (X tons), Lithuania (X tons), France (X tons) and Spain (X tons) held a minor share of total imports.

Imports into the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Greece (X%), the Netherlands (X%), Bulgaria (X%), Ireland (X%), Lithuania (X%), Germany (X%), France (X%) and Spain (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. While the share of the Czech Republic (X p.p.), Greece (X p.p.), Ireland (X p.p.), the Netherlands (X p.p.) and Bulgaria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Lithuania (X p.p.), France (X p.p.), Germany (X p.p.) and Spain (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X), Ireland ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Greece, France, the Czech Republic, Spain, Lithuania and Bulgaria lagged somewhat behind, together comprising a further X%.

Greece, 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, dropping by X% against the previous year. In general, the import price showed a deep slump. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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