Europe: Lead Market 2024

Lead Market Size in Europe

In 2022, the Europe lead market increased by 8.1% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Lead Production in Europe

In value terms, lead production stood at $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Lead Exports

Exports in Europe

Lead exports declined notably to X tons in 2022, reducing by -19.2% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. As a result, the exports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, lead exports reduced notably to $X in 2022. The total export value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 51%. As a result, the exports reached the peak of $X, and then shrank rapidly in the following year.

Exports by Country

The biggest shipments were from the UK (X tons), Belgium (X tons), Russia (X tons), Sweden (X tons), Bulgaria (X tons), Poland (X tons), Germany (X tons) and France (X tons), together finishing at 81% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key 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 UK ($X), Belgium ($X) and Bulgaria ($X) constituted the countries with the highest levels of exports in 2022, with a combined 40% share of total exports. Germany, Poland, Russia, Sweden and France lagged somewhat behind, together accounting for a further 41%.

Among the main exporting countries, Sweden, with a CAGR of +6.8%, saw the highest rates of growth with regard to 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

In 2022, the export price in Europe amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 25%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Russia ($X per ton) was 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 Europe

In 2022, lead imports in Europe shrank to X tons, stabilizing at the previous year's figure. The total import volume increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. The volume of import peaked at X tons in 2021, and then declined modestly in the following year.

In value terms, lead imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 38%. The level of import peaked at $X in 2021, and then contracted modestly 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), the UK (X tons), Spain (X tons) and Italy (X tons), together amounting to 64% of total import. Poland (X tons) held a 5.7% share (based on physical terms) of total imports, which put it in second place, followed by Greece (5.4%). France (X tons), Slovenia (X tons), Austria (X tons) and Bulgaria (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 46% of total imports. Italy, Spain, Poland, Greece, Slovenia, France, Austria and Bulgaria lagged somewhat behind, together comprising a further 41%.

Greece, with a CAGR of +15.1%, recorded the highest growth rate of 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 Europe stood at $X per ton in 2022, which is down by -1.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 23%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the 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 UK ($X per ton), while Spain ($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