Europe: Pyrites Market 2024

Pyrites Market Size in Europe

In 2022, the Europe pyrites market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, saw a mild reduction. The pace of growth was the most pronounced in 2017 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Pyrites Production in Europe

In value terms, pyrites production reached $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pyrites Exports

Exports in Europe

In 2022, shipments abroad of pyrites decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, pyrites exports fell dramatically to $X in 2022. Over the period under review, exports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Russia (X tons), distantly followed by Finland (X tons), Italy (X tons), the UK (X tons) and Romania (X tons) represented the main exporters of pyrites, together mixing up X% of total exports. Montenegro (X tons) and Germany (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Italy ($X) and the UK ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Russia, with a CAGR of X%, recorded 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

The export price in Europe stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, 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 Italy ($X per ton), while Montenegro ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the export price figures.

Pyrites Imports

Imports in Europe

After five years of growth, purchases abroad of pyrites decreased by X% to X tons in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, pyrites imports shrank dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined markedly in the following year.

Imports by Country

Italy represented the main importer of pyrites in Europe, with the volume of imports reaching X tons, which was near X% of total imports in 2022. The UK (X tons) took the second position in the ranking, followed by Germany (X tons), Denmark (X tons) and Spain (X tons). All these countries together held approx. X% share of total imports. Austria (X tons) and Sweden (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to pyrites imports into Italy stood at X%. At the same time, Denmark (X%), the UK (X%) and Spain (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in Europe, 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. Italy (X p.p.), the UK (X p.p.), Denmark (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total imports, 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, Italy ($X), Germany ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Austria, Denmark and Sweden lagged somewhat behind, together accounting for a further X%.

Denmark, 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, growing by X% against the previous year. Overall, the import price saw a strong increase. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

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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