EU: Lead Market 2024

Lead Market Size in the EU

In 2022, the EU lead market increased by 12% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +4.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Lead Production in the EU

In value terms, lead production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 27%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Lead Exports

Exports in the EU

In 2022, lead exports in the European Union reduced notably to X tons, which is down by -22.5% on the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, the exports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, lead exports dropped markedly to $X in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 60% against the previous year. As a result, the exports reached the peak of $X, and then dropped dramatically in the following year.

Exports by Country

The biggest shipments were from Belgium (X tons), Sweden (X tons), Bulgaria (X tons), Poland (X tons), Germany (X tons) and France (X tons), together accounting for 76% of total export. It was distantly followed by Italy (X tons), comprising a 4.6% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Sweden (with a CAGR of +7.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest lead supplying countries in the European Union were Belgium ($X), Bulgaria ($X) and Germany ($X), with a combined 43% share of total exports. Poland, Sweden, France and Italy lagged somewhat behind, together comprising a further 37%.

In terms of the main exporting countries, Sweden, with a CAGR of +6.8%, saw 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 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2017 when the export price increased by 25% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Germany ($X per ton) and Poland ($X per ton), while Sweden ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.4%), while the other leaders experienced more modest paces of growth.

Lead Imports

Imports in the EU

Lead imports reached X tons in 2022, remaining stable against the year before. The total import volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 9.5% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, lead imports fell to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 36%. The level of import peaked at $X in 2021, and then dropped slightly in the following year.

Imports by Country

The countries with the highest levels of lead imports in 2022 were Germany (X tons), the Czech Republic (X tons), Spain (X tons) and Italy (X tons), together amounting to 62% of total import. Poland (X tons) ranks next in terms of the total imports with a 6.8% share, followed by Greece (6.4%), France (4.8%) and Slovenia (4.8%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greece (with a CAGR of +14.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lead importing markets in the European Union were Germany ($X), the Czech Republic ($X) and Italy ($X), together comprising 50% of total imports. Spain, Poland, Greece, Slovenia and France lagged somewhat behind, together accounting for a further 32%.

Greece, with a CAGR of +15.1%, 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 2022, remaining stable against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by 24% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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