Benelux: Feldspar Market 2024

Feldspar Market Size in Benelux

The Benelux feldspar market shrank rapidly to $X in 2021, reducing by -17% against the previous year. Overall, consumption continues to indicate a slight reduction. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Feldspar Production in Benelux

In value terms, feldspar production contracted to $X in 2021 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +2.6% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 48%. Over the period under review, production attained the maximum level at $X in 2020, and then dropped modestly in the following year.

Feldspar Exports

Exports in Benelux

For the fifth year in a row, Benelux recorded growth in overseas shipments of feldspar, which increased by 431% to X tons in 2021. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,111%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, feldspar exports surged to $X in 2021. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 941%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

The Netherlands dominates exports structure, amounting to X tons, which was near 98% of total exports in 2021. Belgium (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the feldspar exports, with a CAGR of +80.6% from 2012 to 2021. At the same time, Belgium (+15.0%) displayed positive paces of growth. While the share of the Netherlands (+51 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-51.1 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest feldspar supplier in Benelux, comprising 97% of total exports. The second position in the ranking was held by Belgium ($X), with a 2.3% share of total exports.

In the Netherlands, feldspar exports expanded at an average annual rate of +62.0% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, falling by -1.8% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 85% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-10.3%).

Feldspar Imports

Imports in Benelux

In 2021, purchases abroad of feldspar increased by 25% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 37%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, feldspar imports soared to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands was the major importing country with an import of about X tons, which finished at 85% of total imports. It was distantly followed by Belgium (X tons), generating a 15% share of total imports.

The Netherlands was also the fastest-growing in terms of the feldspar imports, with a CAGR of +4.8% from 2012 to 2021. At the same time, Belgium (+2.6%) displayed positive paces of growth. While the share of the Netherlands (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-2.6 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported feldspar in Benelux, comprising 78% of total imports. The second position in the ranking was held by Belgium ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to +5.3%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, rising by 10% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%).

Source: IndexBox Platform