EU: Lead Ore Market 2024

Lead Ore Market Size in the EU

The EU lead ore market expanded significantly to $X in 2023, with an increase of X% against the previous year. The total consumption indicated tangible growth from 2012 to 2023: its value 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 2023 figures, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Lead Ore Production in the EU

In value terms, lead ore production expanded remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Lead Ore Exports

Exports in the EU

Lead ore exports soared to X tons in 2023, with an increase of X% against the previous year's figure. Over the period under review, exports, however, saw a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, lead ore exports soared to $X in 2023. In general, exports saw a slight expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Spain (X tons), the Netherlands (X tons), Portugal (X tons), Sweden (X tons) and Bulgaria (X tons) was the main exporter of lead ores in the European Union, making up X% of total export. Belgium (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Portugal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest lead ore supplying countries in the European Union were Spain ($X), the Netherlands ($X) and Sweden ($X), together accounting for X% of total exports. Bulgaria, Belgium, Greece and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Portugal, with a CAGR of X%, 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 2023, the export price in the European Union amounted to $X per ton, growing by X% against the previous year. Export price indicated a notable expansion from 2012 to 2023: 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 2023 figures, lead ore export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices hit record highs in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Lead Ore Imports

Imports in the EU

In 2023, purchases abroad of lead ores was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, lead ore imports soared to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Germany (X tons) was the main importer of lead ores, constituting X% of total imports. The Netherlands (X tons) took the second position in the ranking, followed by Belgium (X tons), Bulgaria (X tons) and Spain (X tons). All these countries together held approx. X% share of total imports. Latvia (X tons) took a little share of total imports.

Germany experienced a relatively flat trend pattern with regard to volume of imports of lead ores. At the same time, Spain (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Latvia experienced a relatively flat trend pattern. By contrast, Belgium (X%) and Bulgaria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands, Spain and Latvia increased by X, X and X percentage points, respectively.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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

In 2023, the import price in the European Union amounted to $X per ton, which is down by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform