Europe: Prepared Binders Market 2024

Prepared Binders Market Size in Europe

The Europe prepared binders market reached $X in 2022, surging by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Prepared Binders Production in Europe

In value terms, prepared binders production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the near future.

Prepared Binders Exports

Exports in Europe

Prepared binders exports declined slightly to X tons in 2022, therefore, remained relatively stable against the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared binders exports rose modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany was the key exporter of prepared binders for foundry moulds or cores in Europe, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. Italy (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Spain (X%) and the UK (X%). Russia (X tons), France (X tons) and Sweden (X tons) took a little share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of prepared binders for foundry moulds or cores. At the same time, Spain (X%), Italy (X%), Sweden (X%) and Russia (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. France and the UK experienced a relatively flat trend pattern. Spain (X p.p.) and Italy (X p.p.) significantly strengthened its position in terms of the total exports, while Germany saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest prepared binders supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and the UK (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Sweden ($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 mixed trends in the export price figures.

Prepared Binders Imports

Imports in Europe

In 2022, overseas purchases of prepared binders for foundry moulds or cores increased by X% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, prepared binders imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Austria (X tons), Poland (X tons), France (X tons), Belgium (X tons), Italy (X tons), Slovakia (X tons), Croatia (X tons), Slovenia (X tons), Spain (X tons), Germany (X tons) and Hungary (X tons) represented roughly X% of total imports in 2022. Belarus (X tons) followed a long way behind the leaders.

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

In value terms, the largest prepared binders importing markets in Europe were Poland ($X), the Czech Republic ($X) and France ($X), together accounting for X% of total imports. Austria, Belarus, Italy, Spain, Germany, Belgium, Slovakia, Hungary, Slovenia and Croatia lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, saw the highest growth rate of 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 Europe stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Belarus ($X per ton), while Croatia ($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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