EU: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2024

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in the EU

In 2021, the EU chloride oxides of metal market decreased by -32.2% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption faced a deep downturn. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in the EU

In value terms, chloride oxides of metal production dropped modestly to $X in 2021 estimated in export price. The total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -39.7% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of 30%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports in the EU

In 2021, overseas shipments of chloride oxides and chloride hydroxides of copper and other metals increased by 7.6% to X tons, rising for the fourth year in a row after three years of decline. The total export volume increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 19% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, chloride oxides of metal exports skyrocketed to $X in 2021. Total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +84.0% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Hungary (X tons) and Germany (X tons) represented roughly 65% of total exports in 2021. Belgium (X tons) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (7.9%) and France (7.3%). The following exporters - Spain (X tons) and Italy (X tons) - each resulted at a 5.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +49.6%), while shipments 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 exports in 2021, with a combined 61% share of total exports.

The Netherlands, with a CAGR of +50.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, growing by 16% against the previous year. Over the period under review, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2017 an increase of 25%. 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, amid the top suppliers, the country with the highest price was Spain ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.1%), while the other leaders experienced more modest paces of growth.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports in the EU

In 2021, approx. X tons of chloride oxides and chloride hydroxides of copper and other metals were imported in the European Union; picking up by 4.4% on the previous year. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 5.6%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, chloride oxides of metal imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons), Germany (X tons), Austria (X tons), France (X tons), Spain (X tons), Hungary (X tons), Poland (X tons), Romania (X tons), Italy (X tons), Belgium (X tons) and Denmark (X tons) was the largest importer of chloride oxides and chloride hydroxides of copper and other metals in the European Union, committing 94% of total import.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +27.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chloride oxides of metal importing markets in the European Union were the Netherlands ($X), Spain ($X) and Germany ($X), with a combined 55% share of total imports.

The Netherlands, with a CAGR of +18.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, growing by 13% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Austria ($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 (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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