EU: Bentonite Market 2024

Bentonite Market Size in the EU

In 2022, the EU bentonite market increased by 9.2% to $X, rising for the sixth year in a row after two years of decline. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +58.4% against 2016 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Bentonite Production in the EU

In value terms, bentonite production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 11%. The level of production peaked at $X in 2021, and then dropped modestly in the following year.

Bentonite Exports

Exports in the EU

In 2022, bentonite exports in the European Union reached X tons, with an increase of 2.6% compared with 2021. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 9.4% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, bentonite exports expanded modestly to $X in 2022. The total export value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 19%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

In 2022, Italy (X tons), the Netherlands (X tons), the Czech Republic (X tons) and Slovakia (X tons) represented the main exporter of bentonite in the European Union, committing 65% of total export. Cyprus (X tons) ranks next in terms of the total exports with a 6.8% share, followed by Spain (5.5%) and Germany (5%). Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +5.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest bentonite supplier in the European Union, comprising 27% of total exports. The second position in the ranking was held by Italy ($X), with a 14% share of total exports. It was followed by the Czech Republic, with a 12% share.

In the Netherlands, bentonite exports increased at an average annual rate of +6.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (+2.9% per year) and the Czech Republic (+5.5% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, growing by 2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 when the export price increased by 24% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Cyprus ($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 Czech Republic (+3.5%), while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports in the EU

In 2022, the amount of bentonite imported in the European Union expanded rapidly to X tons, increasing by 12% against the previous year. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.5% against 2014 indices. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, bentonite imports soared to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.7% against 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons) and the Netherlands (X tons) represented roughly 44% of total imports in 2022. Poland (X tons) held the next position in the ranking, followed by Italy (X tons), Sweden (X tons), France (X tons) and Spain (X tons). All these countries together held near 40% 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 Sweden (with a CAGR of +24.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 52% of total imports. Italy, Poland, Spain and Sweden lagged somewhat behind, together accounting for a further 24%.

In terms of the main importing countries, Italy, with a CAGR of +13.4%, recorded the highest growth rate of 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

In 2022, the import price in the European Union amounted to $X per ton, rising by 3.7% 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 2021 when the import price increased by 20% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 France ($X per ton), while Poland ($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 (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :