EU: Mixtures Of Slag Market 2024

Mixtures Of Slag Market Size in the EU

In 2021, the EU mixtures of slag market decreased by -4.2% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate significant growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Mixtures Of Slag Production in the EU

In value terms, mixtures of slag production stood at $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2018 with an increase of 40% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Mixtures Of Slag Exports

Exports in the EU

In 2021, approx. X tons of mixtures of slag were exported in the European Union; shrinking by -18.6% against the previous year's figure. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 38% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, mixtures of slag exports reduced to $X in 2021. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by 24%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Belgium (X tons) represented the largest exporter of mixtures of slag, creating 67% of total exports. It was distantly followed by Sweden (X tons), constituting a 27% share of total exports. Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to mixtures of slag exports from Belgium stood at -11.0%. At the same time, Latvia (+38.2%) and Sweden (+25.6%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +38.2% from 2012-2021. While the share of Sweden (+25 p.p.) and Latvia (+3.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-25.7 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest mixtures of slag supplier in the European Union, comprising 72% of total exports. The second position in the ranking was held by Sweden ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium amounted to -9.4%. In the other countries, the average annual rates were as follows: Sweden (+16.9% per year) and Latvia (+39.4% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, increasing by 13% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 35% against the previous year. Over the period under review, the export prices attained the peak figure 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 Belgium ($X per ton), while Sweden ($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 (+2.3%), while the other leaders experienced mixed trends in the export price figures.

Mixtures Of Slag Imports

Imports in the EU

In 2021, approx. X tons of mixtures of slag were imported in the European Union; increasing by 15% on the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 92%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, mixtures of slag imports soared to $X in 2021. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 90% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

France (X tons) and the Netherlands (X tons) dominates imports structure, together constituting 81% of total imports. Luxembourg (X tons) held a 5.3% share (based on physical terms) of total imports, which put it in second place, followed by Latvia (5%). Denmark (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Luxembourg (with a CAGR of +24.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported mixtures of slag in the European Union, comprising 56% of total imports. The second position in the ranking was held by France ($X), with a 25% share of total imports. It was followed by Denmark, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +28.4%. In the other countries, the average annual rates were as follows: France (+0.3% per year) and Denmark (+12.5% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, with an increase of 7.2% against the previous year. Import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +9.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mixtures of slag import price increased by +49.2% against 2018 indices. The growth pace was the most rapid in 2020 when the import price increased by 23%. Over the period under review, import prices attained the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($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 (+22.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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