Belgium: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Belgium

In 2021, the Belgian sulphides of non-metals market increased by 22% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a relatively flat trend pattern. Sulphides of non-metals consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Sulphides Of Non-Metals Exports

Exports from Belgium

In 2021, overseas shipments of sulphides of non-metals and commercial phosphorus trisulphide decreased by -1.9% to X tons, falling for the third year in a row after two years of growth. Overall, exports showed a slight decrease. The most prominent rate of growth was recorded in 2015 with an increase of 55% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, sulphides of non-metals exports amounted to $X in 2021. Over the period under review, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 162% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

South Africa (X tons), the UK (X tons) and Australia (X tons) were the main destinations of sulphides of non-metals exports from Belgium, together comprising 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +49.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sulphides of non-metals exported from Belgium were Spain ($X), South Africa ($X) and the Netherlands ($X), together accounting for 49% of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +51.7%, saw 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

In 2021, the average sulphides of non-metals export price amounted to $X per ton, with an increase of 12% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +10.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sulphides of non-metals export price increased by +37.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 77% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphides Of Non-Metals Imports

Imports into Belgium

In 2021, purchases abroad of sulphides of non-metals and commercial phosphorus trisulphide increased by 22% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +92.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, sulphides of non-metals imports soared to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 83%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), Germany (X tons) and Russia (X tons) were the main suppliers of sulphides of non-metals imports to Belgium, with a combined 100% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +29.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of sulphides of non-metals and commercial phosphorus trisulphide to Belgium, comprising 64% of total imports. The second position in the ranking was held by France ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.4% per year) and Russia (+28.6% per year).

Import Prices by Country

In 2021, the average sulphides of non-metals import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price, however, showed a slight decline. The pace of growth was the most pronounced in 2019 an increase of 18% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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