Europe: Bismuth Market 2024

Bismuth Market Size in Europe

The Europe bismuth market dropped modestly to $X in 2023, falling by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Bismuth Production in Europe

In value terms, bismuth production stood at $X in 2023 estimated in export price. The total production indicated resilient 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, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Bismuth Exports

Exports in Europe

In 2023, shipments abroad of bismuth decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a measured expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, bismuth exports contracted rapidly to $X in 2023. Overall, exports saw a perceptible slump. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2023, the Netherlands (X tons) represented the largest exporter of bismuth, making up X% of total exports. Belgium (X tons) took the second position in the ranking, distantly followed by Germany (X tons). All these countries together held approx. X% share of total exports. France (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bismuth supplying countries in Europe were the Netherlands ($X), Germany ($X) and Belgium ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Belgium ($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 UK (X%), while the other leaders experienced a decline in the export price figures.

Bismuth Imports

Imports in Europe

In 2023, supplies from abroad of bismuth decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, bismuth imports plummeted to $X in 2023. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons) and Germany (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Italy (X tons) and the UK (X tons), together creating a X% share of total imports. The following importers - Austria (X tons), France (X tons), Belgium (X tons), the Czech Republic (X tons), Russia (X tons) and Bosnia and Herzegovina (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bosnia and Herzegovina (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. The UK, France, Austria, the Czech Republic, Belgium, Russia and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further X%.

Bosnia and Herzegovina, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 Europe amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a deep setback. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while Belgium ($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 UK (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform