Benelux: Mixtures Of Slag Market 2024

Mixtures Of Slag Market Size in Benelux

In 2021, the Benelux mixtures of slag market decreased by -79.8% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption enjoyed a significant increase. As a result, consumption attained the peak level of $X, and then fell dramatically in the following year.

Mixtures Of Slag Production in Benelux

In value terms, mixtures of slag production soared to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -22.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 50%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Mixtures Of Slag Exports

Exports in Benelux

In 2021, overseas shipments of mixtures of slag increased by 7.7% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 15% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, mixtures of slag exports rose significantly to $X in 2021. In general, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of 24%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of mixtures of slag, namely Belgium, represented more than two-thirds of total export.

Belgium was also the fastest-growing in terms of the mixtures of slag exports, with a CAGR of -11.0% from 2012 to 2021. From 2012 to 2021, the share of Belgium decreased by -1.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) also remains the largest mixtures of slag supplier in Benelux.

In Belgium, mixtures of slag exports plunged by an average annual rate of -9.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, increasing by 2.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2020 an increase of 10%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +2.3% per year.

Mixtures Of Slag Imports

Imports in Benelux

In 2021, the amount of mixtures of slag imported in Benelux was estimated at X tons, increasing by 11% compared with 2020. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 267%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, mixtures of slag imports skyrocketed to $X in 2021. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 305% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) was the key importer of mixtures of slag, achieving 86% of total imports. It was distantly followed by Luxembourg (X tons), making up a 12% share of total imports. Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to mixtures of slag imports into the Netherlands stood at +5.0%. At the same time, Luxembourg (+24.5%) and Belgium (+11.5%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +24.5% from 2012-2021. Luxembourg (+9.4 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -10.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported mixtures of slag in Benelux, comprising 93% of total imports. The second position in the ranking was held by Belgium ($X), with a 3.9% share of total imports.

In the Netherlands, mixtures of slag imports expanded at an average annual rate of +28.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (+15.7% per year) and Luxembourg (+4.3% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, the import price posted prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 50%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform