United Kingdom: Lead Market 2025

Lead Market Size in the UK

The UK lead market declined to $X in 2022, which is down by -13.7% against the previous year. In general, consumption recorded a pronounced descent. Lead consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Lead Production in the UK

In value terms, lead production declined slightly to $X in 2022 estimated in export price. Over the period under review, production showed a mild setback. The growth pace was the most rapid in 2021 with an increase of 1.1% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Lead Exports

Exports from the UK

After two years of growth, shipments abroad of lead decreased by -3.5% to X tons in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 19%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, lead exports contracted modestly 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 remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 21%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of lead exports from the UK, with a combined 50% share of total exports. The United States, Poland, Portugal, Spain, Norway, Sweden, Egypt, Greece, Finland and Ireland lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +58.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the largest markets for lead exported from the UK worldwide, with a combined 50% share of total exports. The United States, Norway, Portugal, Poland, Spain, Sweden, Egypt, Greece, Finland and Ireland lagged somewhat behind, together accounting for a further 44%.

In terms of the main countries of destination, Greece, with a CAGR of +58.9%, recorded 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

In 2022, the average lead export price amounted to $X per ton, with an increase of 2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Norway ($X per ton) and Sweden ($X per ton), while the average price for exports to France ($X per ton) and Ireland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lead Imports

Imports into the UK

Lead imports into the UK reduced markedly to X tons in 2022, with a decrease of -21.1% against 2021. In general, imports showed a noticeable setback. The pace of growth appeared the most rapid in 2015 when imports increased by 54%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lead imports declined dramatically to $X in 2022. Overall, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) was the main supplier of lead to the UK, with a 91% share of total imports. Moreover, lead imports from Australia exceeded the figures recorded by the second-largest supplier, Ireland (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia amounted to -2.2%.

In value terms, Australia ($X) constituted the largest supplier of lead to the UK, comprising 93% of total imports. The second position in the ranking was held by Ireland ($X), with a 4.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Australia amounted to -2.4%.

Import Prices by Country

The average lead import price stood at $X per ton in 2022, waning by -2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 20%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Ireland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+0.8%).

Source: IndexBox Platform

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