Price for Carbides, Whether or Not Chemically Defined in Belgium - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Belgium (FOB) - 2022
- Price for Carbides, Whether or Not Chemically Defined in Belgium (CIF) - 2023
- Exports of Carbides, Whether or Not Chemically Defined in Belgium
- Imports of Carbides, Whether or Not Chemically Defined in Belgium
Price for Carbides, Whether or Not Chemically Defined in Belgium (FOB) - 2022
In 2022, the average export price for carbides, whether or not chemically defineds amounted to $1,917 per ton, increasing by 48% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for carbides, whether or not chemically defineds increased by +75.3% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($2,523 per ton) and the Netherlands ($2,347 per ton), while the average price for exports to Germany ($1,704 per ton) and Norway ($1,786 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 the UK (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Carbides, Whether or Not Chemically Defined in Belgium (CIF) - 2023
In October 2023, the average import price for carbides, whether or not chemically defineds amounted to $752 per ton, reducing by -35.7% against the previous month. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in September 2023 an increase of 17% m-o-m. The import price peaked at $1,509 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($1,911 per ton), while the price for China totaled $686 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Brazil (+2.2%), while the prices for the other major suppliers experienced a decline.
Exports of Carbides, Whether or Not Chemically Defined in Belgium
In 2022, overseas shipments of carbides, whether or not chemically defineds decreased by -3.7% to 21K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 2.9%. As a result, the exports reached the peak of 25K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of carbides, whether or not chemically defineds skyrocketed to $41M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbides, Whether or Not Chemically Defined in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.8 | 9.5 | 10.1 | 20.1 | 31.7% |
| France | 10.6 | 9.0 | 7.3 | 7.8 | -9.7% |
| Spain | 2.3 | 1.4 | 2.7 | 3.0 | 9.3% |
| Sweden | 1.6 | 1.5 | 2.3 | 2.1 | 9.5% |
| Norway | 0.4 | 0.1 | N/A | 1.5 | 55.4% |
| United Kingdom | 0.9 | 0.9 | 1.2 | 1.3 | 13.0% |
| Italy | 0.4 | 0.3 | 0.6 | 1.1 | 40.1% |
| Switzerland | 0.6 | 0.5 | 0.8 | 0.9 | 14.5% |
| Netherlands | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Others | 2.0 | 3.1 | 3.1 | 2.3 | 4.8% |
| Total | 28.0 | 26.8 | 28.6 | 40.8 | 13.4% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from Belgium in 2022:
- Germany (11.8K tons)
- France (3.8K tons)
- Spain (1.3K tons)
- Sweden (0.9K tons)
- Norway (0.8K tons)
- Italy (0.5K tons)
- United Kingdom (0.5K tons)
- Switzerland (0.4K tons)
- Netherlands (0.3K tons)
Imports of Carbides, Whether or Not Chemically Defined in Belgium
In 2022, the amount of carbides, whether or not chemically defineds imported into Belgium contracted modestly to 29K tons, remaining stable against 2021 figures. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 19%.
In value terms, imports of carbides, whether or not chemically defineds soared to $41M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbides, Whether or Not Chemically Defined in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.8 | 7.0 | 7.7 | 10.2 | 53.9% |
| China | 3.2 | 3.4 | 5.1 | 10.0 | 46.2% |
| Germany | 6.5 | 3.6 | 5.6 | 6.9 | 2.0% |
| Austria | 1.9 | 1.7 | 2.3 | 5.3 | 40.8% |
| Netherlands | 0.1 | N/A | 2.1 | 2.9 | 207.2% |
| Venezuela | 11.2 | 2.6 | 0.7 | 2.7 | -37.8% |
| Russia | 0.6 | 0.9 | 0.5 | 0.2 | -30.7% |
| Vietnam | N/A | 0.7 | 1.6 | N/A | 128.6% |
| Others | 1.6 | 0.8 | 3.0 | 2.5 | 16.0% |
| Total | 27.8 | 20.8 | 28.5 | 40.7 | 13.5% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Belgium in 2022:
- Brazil (6.7K tons)
- Germany (6.5K tons)
- China (5.8K tons)
- Austria (4.5K tons)
- Venezuela (2.8K tons)
- Netherlands (1.9K tons)
- Russia (0.2K tons)
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