EU: Bismuth Market 2022

Bismuth Market Size in the EU

In 2021, the EU bismuth market was finally on the rise to reach $X after two years of decline. Overall, consumption continues to indicate a pronounced setback. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Bismuth Production in the EU

In value terms, bismuth production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible descent. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Bismuth Exports

Exports in the EU

In 2021, exports of bismuth in the European Union skyrocketed to X tons, increasing by 30% against the previous year. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 130% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, bismuth exports soared to $X in 2021. Overall, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 136%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands represented the main exporting country with an export of around X tons, which reached 56% of total exports. Belgium (X tons) took the second position in the ranking, distantly followed by Germany (X tons). All these countries together took approx. 39% share of total exports. France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of +81.2%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest bismuth supplying countries in the European Union were the Netherlands ($X), Belgium ($X) and Germany ($X), with a combined 90% share of total exports.

Belgium, with a CAGR of +56.9%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, increasing by 18% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was France ($X per ton), while Belgium ($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 (-2.3%), while the other leaders experienced a decline in the export price figures.

Bismuth Imports

Imports in the EU

In 2021, imports of bismuth in the European Union rose significantly to X tons, increasing by 9% compared with 2020. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +8.7% 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 decreased by -8.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 28%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bismuth imports skyrocketed to $X in 2021. In general, imports, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2014 with an increase of 51%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) represented the largest importer of bismuth, mixing up 42% of total imports. Germany (X tons) ranks second in terms of the total imports with a 22% share, followed by Belgium (16%) and Italy (8.4%). France (X tons), Austria (X tons) and the Czech Republic (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of +45.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2021, together comprising 74% of total imports.

Among the main importing countries, Belgium, with a CAGR of +37.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, surging by 26% against the previous year. Over the period under review, the import price, however, faced a abrupt decrease. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-5.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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