Benelux: Pyrites Market 2024

Pyrites Market Size in Benelux

The Benelux pyrites market totaled $X in 2022, standing approx. at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pyrites Production in Benelux

In value terms, pyrites production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild shrinkage. The growth pace was the most rapid in 2014 with an increase of 6.5% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pyrites Exports

Exports in Benelux

In 2022, the amount of pyrites exported in Benelux skyrocketed to X tons, jumping by 33% against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 54%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, pyrites exports surged to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 55%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands represented the major exporter of pyrites in Benelux, with the volume of exports reaching X tons, which was approx. 55% of total exports in 2022. Belgium (X tons) took a 32% share (based on physical terms) of total exports, which put it in second place, followed by Luxembourg (13%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of +122.7%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the Netherlands ($X) remains the largest pyrites supplier in Benelux, comprising 82% of total exports. The second position in the ranking was taken by Luxembourg ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at +18.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Luxembourg (-17.4% per year) and Belgium (+46.9% per year).

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2021 when the export price increased by 13%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 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 the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the other leaders experienced a decline in the export price figures.

Pyrites Imports

Imports in Benelux

In 2022, approx. X tons of pyrites were imported in Benelux; with an increase of 148% on the previous year. Overall, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 164% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, pyrites imports expanded significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by 77% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) prevails in imports structure, together committing 95% of total imports. It was distantly followed by Luxembourg (X tons), making up a 5.4% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Luxembourg (with a CAGR of +51.6%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest pyrites importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X), together accounting for 99.9% of total imports.

Luxembourg, with a CAGR of +46.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with a decrease of -54.2% against the previous year. In general, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when the import price increased by 590% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank notably in the following year.

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 the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform