Eastern Europe: Market for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury 2024

Market Size for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in Eastern Europe

In 2023, the East European market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Overall, consumption, however, saw perceptible growth. The level of consumption peaked at $X in 2022, and then fell dramatically in the following year.

Production of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in Eastern Europe

In value terms, alkali and rare earth metals production amounted to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Exports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Exports in Eastern Europe

In 2023, the amount of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exported in Eastern Europe soared to X tons, jumping by X% compared with 2022. The total export 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. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, alkali and rare earth metals exports expanded remarkably to $X in 2023. Total exports indicated a pronounced increase from 2012 to 2023: its value 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, exports 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. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Russia was the major exporter of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in Eastern Europe, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. It was distantly followed by Romania (X tons), mixing up a X% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury. At the same time, Romania (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Romania increased by X percentage points.

In value terms, Russia ($X) remains the largest alkali and rare earth metals supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports.

In Russia, alkali and rare earth metals exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. Export price indicated a mild expansion from 2012 to 2023: its price 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. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2022, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Romania stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%).

Imports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Imports in Eastern Europe

In 2023, supplies from abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, alkali and rare earth metals imports fell to $X in 2023. Overall, imports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia (X tons) and Poland (X tons) prevails in imports structure, together achieving X% of total imports. It was distantly followed by the Czech Republic (X tons) and Ukraine (X tons), together comprising a X% share of total imports. Romania (X tons) and Latvia (X tons) followed a long way behind the leaders.

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

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Ukraine, Romania and Latvia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Latvia, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 Eastern Europe stood at $X per ton in 2023, stabilizing at the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Latvia ($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 Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform