United Kingdom: Agglomerated Powder Rod Market 2024

Agglomerated Powder Rod Market Size in the UK

The UK agglomerated powder rod market reduced to $X in 2022, with a decrease of X% against the previous year. Over the period under review, the total consumption indicated a prominent expansion 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. Agglomerated powder rod consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Agglomerated Powder Rod Production in the UK

In value terms, agglomerated powder rod production reached $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase 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, production increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Agglomerated Powder Rod Exports

Exports from the UK

In 2022, shipments abroad of base metal wire and rods of agglomerated base powder increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, recorded a perceptible slump. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, agglomerated powder rod exports declined modestly to $X in 2022. In general, exports, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Ireland (X tons) and France (X tons) were the main destinations of agglomerated powder rod exports from the UK, with a combined X% share of total exports. The Czech Republic, Spain, Italy, Turkey, China, Sweden, Poland, Hungary, Romania and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for agglomerated powder rod exported from the UK were Germany ($X), France ($X) and China ($X), together comprising X% of total exports. The Czech Republic, Spain, Turkey, Italy, Ireland, Sweden, Hungary, Poland, Romania and India lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Czech Republic, 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 average agglomerated powder rod export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price recorded a slight contraction. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Agglomerated Powder Rod Imports

Imports into the UK

In 2022, purchases abroad of base metal wire and rods of agglomerated base powder increased by X% to X tons, rising for the third year in a row after four years of decline. In general, imports, however, showed a mild slump. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, agglomerated powder rod imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Italy (X tons) and Japan (X tons) were the main suppliers of agglomerated powder rod imports to the UK, with a combined X% share of total imports. Germany, France, Turkey, the United States, India and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Italy ($X) constituted the largest agglomerated powder rod suppliers to the UK, together comprising X% of total imports.

Among the main suppliers, Japan, 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 average agglomerated powder rod import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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