EU: Cadmium Market 2024

Cadmium Market Size in the EU

The EU cadmium market skyrocketed to $X in 2022, rising by 69% against the previous year. Over the period under review, consumption, however, showed a noticeable shrinkage. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Cadmium Production in the EU

In value terms, cadmium production stood at $X in 2022 estimated in export price. In general, production, however, showed a pronounced curtailment. The growth pace was the most rapid in 2017 with an increase of 61% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cadmium Exports

Exports in the EU

In 2021, the amount of cadmium exported in the European Union skyrocketed to X tons, with an increase of 16% on the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by 37% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, cadmium exports surged to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 48% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Belgium (X tons), France (X tons), the Netherlands (X tons) and Germany (X tons), together resulting at 84% of total export. Bulgaria (X tons) ranks next in terms of the total exports with a 9.4% share, followed by Poland (4.6%).

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +7.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest cadmium supplying countries in the European Union were Belgium ($X), France ($X) and the Netherlands ($X), together comprising 74% of total exports.

In terms of the main exporting countries, Belgium, with a CAGR of +4.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, surging by 21% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 34%. The level of export peaked at $X per ton in 2015; afterwards, it flattened through to 2021.

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 Belgium ($X per ton), while Poland ($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 (+3.1%), while the other leaders experienced more modest paces of growth.

Cadmium Imports

Imports in the EU

In 2021, approx. X tons of cadmium were imported in the European Union; shrinking by -15.9% compared with 2020 figures. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 89% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, cadmium imports declined to $X in 2021. Over the period under review, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of 72%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons) and Sweden (X tons) prevails in imports structure, together mixing up 85% of total imports. The Netherlands (X tons) took the next position in the ranking, followed by France (X tons). All these countries together took approx. 13% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +41.8%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest cadmium importing markets in the European Union were Sweden ($X), Belgium ($X) and the Netherlands ($X), with a combined 82% share of total imports.

Among the main importing countries, the Netherlands, with a CAGR of +51.8%, recorded 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

The import price in the European Union stood at $X per ton in 2021, surging by 5.9% against the previous year. Import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cadmium import price decreased by -10.0% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of 38%. The level of import peaked at $X per ton in 2019; however, from 2020 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 the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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