Europe: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in Europe

In 2021, the Europe market for refractory products of siliceous or diatomite earths was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Refractory Products of Siliceous or Diatomite Earths in Europe

In value terms, production of refractory products of siliceous or diatomite earths reached $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 62% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports in Europe

Exports of refractory products of siliceous or diatomite earths soared to X tons in 2021, growing by 25% on the year before. Over the period under review, exports saw a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 40% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of refractory products of siliceous or diatomite earths skyrocketed to $X in 2021. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 33%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Italy was the main exporting country with an export of around X tons, which recorded 47% of total exports. Spain (X tons) took the second position in the ranking, distantly followed by Slovakia (X tons) and Russia (X tons). All these countries together held near 41% share of total exports. Ireland (X tons) and France (X tons) held a relatively small share of total exports.

Exports from Italy increased at an average annual rate of +29.7% from 2012 to 2021. At the same time, Ireland (+78.3%), Slovakia (+52.1%), Russia (+12.9%) and Spain (+6.4%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in Europe, with a CAGR of +78.3% from 2012-2021. By contrast, France (-4.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Italy, Slovakia and Ireland increased by +37, +11 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest refractory products of siliceous or diatomite earths supplying countries in Europe were Italy ($X), Spain ($X) and France ($X), together comprising 74% of total exports. These countries were followed by Ireland, Slovakia and Russia, which together accounted for a further 9.9%.

Ireland, with a CAGR of +91.8%, recorded the highest rates of growth with regard to 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 Europe stood at $X per ton in 2021, dropping by -6.7% against the previous year. Overall, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a 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 France ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+7.6%), while the other leaders experienced more modest paces of growth.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports in Europe

In 2021, imports of refractory products of siliceous or diatomite earths in Europe surged to X tons, increasing by 31% compared with the previous year's figure. Over the period under review, imports continue to indicate strong growth. The growth pace was the most rapid in 2014 when imports increased by 83%. Over the period under review, imports of reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, imports of refractory products of siliceous or diatomite earths rose slightly to $X in 2021. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 52%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The UK (X tons) and the Czech Republic (X tons) dominates earths structure, together generating 72% of total imports. It was distantly followed by Ireland (X tons), achieving a 4.6% share of total imports. Germany (X tons), Poland (X tons), Russia (X tons), Greece (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +55.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constitutes the largest market for imported refractory products of siliceous or diatomite earths in Europe, comprising 37% of total imports. The second position in the ranking was held by Russia ($X), with a 7.6% share of total imports. It was followed by France, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value in the UK stood at +17.2%. In the other countries, the average annual rates were as follows: Russia (+32.0% per year) and France (+9.0% per year).

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, with a decrease of -21% against the previous year. Over the period under review, the import price saw a noticeable decrease. The pace of growth appeared the most rapid in 2019 when the import price increased by 31% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+10.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform