EU: Bismuth Market 2024

Bismuth Market Size in the EU

The EU bismuth market declined to $X in 2023, falling by X% against the previous year. Overall, consumption continues to indicate a pronounced reduction. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Bismuth Production in the EU

In value terms, bismuth production rose modestly to $X in 2023 estimated in export price. Overall, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Bismuth Exports

Exports in the EU

In 2023, overseas shipments of bismuth decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a strong expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, bismuth exports declined notably to $X in 2023. Over the period under review, exports, however, recorded a moderate expansion. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands represented the largest exporter of bismuth in the European Union, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. Belgium (X tons) held the second position in the ranking, distantly followed by Germany (X tons). All these countries together took approx. X% share of total exports. France (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 key exporting countries, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest bismuth supplying countries in the European Union were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Belgium, 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 mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, rising by X% against the previous year. Overall, the export price, however, recorded a deep slump. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

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 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 France (X%), while the other leaders experienced a decline in the export price figures.

Bismuth Imports

Imports in the EU

In 2023, approx. X tons of bismuth were imported in the European Union; declining by X% against the previous year. Total imports indicated a slight expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, bismuth imports contracted remarkably to $X in 2023. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced 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) were the major importers of bismuth in 2023, finishing at approx. X% and X% of total imports, respectively. It was distantly followed by Italy (X tons) and Austria (X tons), together generating a X% share of total imports. France (X tons), Belgium (X tons), the Czech Republic (X tons) and Poland (X tons) held a minor share of total imports.

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

In value terms, the largest bismuth importing markets in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined X% share of total imports. France, Austria, the Czech Republic, Belgium and Poland lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, recorded the highest growth rate of 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

The import price in the European Union stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 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 Poland ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform