EU: Degras Market 2024

Degras Market Size in the EU

In 2021, the EU degras market increased by 90% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption showed a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Degras Production in the EU

In value terms, degras production soared to $X in 2021 estimated in export price. In general, production continues to indicate strong growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Degras Exports

Exports in the EU

In 2021, exports of degras in the European Union contracted notably to X tons, shrinking by -22.2% against 2020. Total exports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 32% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then contracted remarkably in the following year.

In value terms, degras exports surged to $X in 2021. Overall, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 62% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) and Italy (X tons) represented roughly 44% of total exports in 2021. Germany (X tons) held the next position in the ranking, followed by the Netherlands (X tons), Belgium (X tons), Spain (X tons) and Romania (X tons). All these countries together held near 47% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Romania (with a CAGR of +34.0%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 56% share of total exports. Romania, Germany, France and Spain lagged somewhat behind, together accounting for a further 39%.

Romania, with a CAGR of +53.5%, recorded 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

The export price in the European Union stood at $X per ton in 2021, picking up by 54% against the previous year. Export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, degras export price increased by +60.4% against 2019 indices. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+14.5%), while the other leaders experienced more modest paces of growth.

Degras Imports

Imports in the EU

In 2021, approx. X tons of degras were imported in the European Union; surging by 27% compared with the previous year's figure. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2019 when imports increased by 68%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, degras imports skyrocketed to $X in 2021. Over the period under review, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Denmark (X tons) and France (X tons) represented roughly 69% of total imports in 2021. The Netherlands (X tons) held the next position in the ranking, followed by Italy (X tons). All these countries together held approx. 21% share of total imports. Belgium (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +79.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest degras importing markets in the European Union were France ($X), Spain ($X) and Italy ($X), with a combined 77% share of total imports.

Among the main importing countries, France, with a CAGR of +91.0%, saw the highest rates of growth with regard to 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

The import price in the European Union stood at $X per ton in 2021, picking up by 48% against the previous year. Over the period under review, the import price recorded a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+15.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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