Malta: Explosives Market 2020

Explosives Market Size in Malta

The revenue of the explosives market in Malta amounted to $X in 2018, growing by X% against the previous year. Overall, explosives consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Malta explosives consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Explosives Production in Malta

In value terms, explosives production amounted to $X in 2018 estimated in export prices. In general, explosives production, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2012 when production volume increased by X% year-to-year. Over the period under review, explosives production reached its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Explosives Exports

Exports from Malta

In 2018, approx. X tons of prepared explosives were exported from Malta; going up by X% against the previous year. Overall, explosives exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, explosives exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, explosives exports amounted to $X in 2018. Over the period under review, explosives exports continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, explosives exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, the U.S. (X tons) and Russia (X tons) represented the major exporters of prepared explosivesacross the globe, together constituting X% of total exports. South Africa (X tons) ranks next in terms of the total exports with a X% share, followed by Poland (X%). The following exporters - India (X tons), Spain (X tons), Germany (X tons), Mexico (X tons), Sweden (X tons), Turkey (X tons), Costa Rica (X tons) and France (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the largest explosives supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by South Africa, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-X% per year) and South Africa (+X% per year).

Export Prices by Country

In 2018, the explosives export price in Malta amounted to $X per ton, reducing by -X% against the previous year. In general, the explosives export price continues to indicate a sharp decline. The pace of growth appeared the most rapid in 2012 when the export price increased by X% y-o-y. Over the period under review, the export prices for prepared explosives reached their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Explosives Imports

Imports into Malta

In 2018, the amount of prepared explosives imported into Malta amounted to X kg, reducing by -X% against the previous year. In general, explosives imports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, explosives imports attained their maximum at X kg in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, explosives imports amounted to $X in 2018. In general, the total imports indicated mild growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, explosives imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Malta imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Canada (X tons), distantly followed by Finland (X tons), the U.S. (X tons) and Norway (X tons) were the key importers of prepared explosives, together making up X% of total imports. Zimbabwe (X tons), Kazakhstan (X tons), Germany (X tons), Sweden (X tons), Mexico (X tons), Panama (X tons), Ethiopia (X tons) and France (X tons) took a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Finland, while the other leaders experienced more modest paces of growth.

In value terms, the largest explosives importing markets into Malta were the U.S. ($X), Canada ($X) and Mexico ($X), together accounting for X% of total imports. Norway, France, Sweden, Finland, Zimbabwe, Kazakhstan, Germany, Panama, Ethiopia and Malta lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the explosives import price in Malta amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price indicated measured growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, explosives import price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. In that year, the import prices for prepared explosives attained their peak level of $X per ton. From 2015 to 2018, the growth in terms of the import prices for prepared explosives failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per ton), while Ethiopia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform