EU: Beryl Market 2024

Beryl Market Size in the EU

The EU beryl market rose significantly to $X in 2021, increasing by 6.7% against the previous year. Overall, consumption saw a noticeable increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Beryl Production in the EU

In value terms, beryl production fell to $X in 2021 estimated in export price. The total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.6% 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 +10.7% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 30% against the previous year. The level of production peaked at $X in 2020, and then fell in the following year.

Beryl Exports

Exports in the EU

In 2021, approx. X kg of beryl were exported in the European Union; waning by -71.7% against 2020. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2014 with an increase of 285%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, beryl exports shrank significantly to $X in 2021. Over the period under review, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 90%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Ireland dominates exports structure, amounting to X kg, which was near 91% of total exports in 2021. It was distantly followed by France (X kg), achieving an 8.4% share of total exports.

Ireland was also the fastest-growing in terms of the beryl exports, with a CAGR of +70.1% from 2012 to 2021. France (-30.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Ireland increased by +91 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In France, beryl exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, jumping by 20% against the previous year. Over the period under review, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 241%. Over the period under review, the export prices attained the peak figure in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while Ireland totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+44.4%).

Beryl Imports

Imports in the EU

Beryl imports skyrocketed to X tons in 2021, growing by 184% compared with 2020. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 650%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, beryl imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 308%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Hungary prevails in imports structure, reaching X tons, which was near 84% of total imports in 2021. It was distantly followed by Romania (X kg) and Germany (X kg), together achieving an 11% share of total imports. France (X kg) followed a long way behind the leaders.

Hungary was also the fastest-growing in terms of the beryl imports, with a CAGR of +29.0% from 2012 to 2021. At the same time, Romania (+12.9%) and Germany (+2.0%) displayed positive paces of growth. By contrast, France (-19.8%) illustrated a downward trend over the same period. While the share of Hungary (+75 p.p.) and Romania (+4.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of France (-17.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported beryl in the European Union, comprising 64% of total imports. The second position in the ranking was held by Hungary ($X), with a 20% share of total imports. It was followed by Romania, with a 7.2% share.

In Germany, beryl imports expanded at an average annual rate of +33.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (+8.8% per year) and Romania (+12.1% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, with a decrease of -15.3% against the previous year. In general, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 an increase of 226% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Hungary ($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 (+31.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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