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2022
Exports $85.5MWorld Rnk 9 / 130
Flag Rnk 437 / 1216
2022
Destination $2.12M Netherlands
2021 - 2022
FASTEST GROWING MARKET $2.12MNicaragua
2022
PRODUCT COMPLEXITY IN Refractory Cements0.7Rnk 278 / 1025
2022
Imports $45.5MWorld Rnk 21 / 214
Flag Rnk 770 / 1214
2022
Origin $2.51M France
2021 - 2022
FASTEST GROWING ORIGIN $2.51MPoland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $85.5M in Refractory Cements, making it the 9th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 437th most exported product in United Kingdom. The main destination of Refractory Cements exports from United Kingdom are: Netherlands ($7.32M), Turkey ($7.1M), France ($5.93M), Germany ($5.6M), and Spain ($4.27M).

The fastest growing export markets for Refractory Cements of United Kingdom between 2021 and 2022 were Nicaragua ($2.12M), Saudi Arabia ($1.57M), and United States ($981k).

Imports In 2022, United Kingdom imported $45.5M in Refractory Cements, becoming the 21st largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 770th most imported product in United Kingdom. United Kingdom imports Refractory Cements primarily from: France ($10.3M), Poland ($7.76M), Germany ($6.34M), Spain ($3.91M), and Austria ($3.32M).

The fastest growing import markets in Refractory Cements for United Kingdom between 2021 and 2022 were Poland ($2.51M), Netherlands ($1.92M), and Spain ($1.67M).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Refractory Cements exports accounted up to £5.54M and imports accounted up to £2.27M, resulting in a positive trade balance of £3.27M. Between September 2023 and September 2024 the exports of United Kingdom's   Refractory Cements have decreased by £-1.23M (-18.1%) from £6.76M to £5.54M, while imports decreased by £-3.38M (-59.9%) from £5.64M to £2.27M.

Destinations In September 2024, Refractory Cements were exported mostly to Ireland (£531k), France (£500k), Turkey (£463k), Spain (£414k), and United States (£404k), and were imported mostly from France (£401k), Germany (£373k), Austria (£257k), Ireland (£227k), and Netherlands (£198k).

Growth In September 2024, the decrease in Refractory Cements's year-by-year exports was explained primarily by a decrease in exports to Turkey (£-464k or -81.3%), Ireland (£-309k or -42.8%), and Israel (£-207k or -98.3%). In September 2024, the decrease in Refractory Cements's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-464k or -84.4%), Germany (£-315k or -43.8%), and Austria (£-169k or -73.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£-1.23M(-18.1%)
IMPORT GROWTH (September 2023 - September 2024)£-3.38M(-59.9%)
MAIN EXPORTER (September 2024)Dover Eurotunnel£4.39M
MAIN DESTINATION (September 2024)Ireland£531k

This section shows Refractory Cements's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Refractory Cements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$85.5M
IMPORTS (2022)$45.5M
NET TRADE (2022)$39.9M

In 2022, United Kingdom exported $85.5M in Refractory Cements. The main destinations of United Kingdom exports on Refractory Cements were Netherlands ($7.32M), Turkey ($7.1M), France ($5.93M), Germany ($5.6M), and Spain ($4.27M).

In 2022, United Kingdom imported $45.5M in Refractory Cements, mainly from France ($10.3M), Poland ($7.76M), Germany ($6.34M), Spain ($3.91M), and Austria ($3.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Nicaragua$2.12M (1%)
Saudi Arabia$1.57M (66.8%)
United States$981k (60.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY United Kingdom WERE (2021 - 2022):
Russia-$3.95M (-80.1%)
Poland-$2.95M (-45.1%)
Turkey-$2.69M (-27.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Refractory Cements were:
China $546M
Germany $375M
United States $257M
In 2022, United Kingdom's main importing competitors in Refractory Cements were:
Indonesia $256M
Russia $154M
Canada $131M

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.16M
TOP IMPORT POTENTIALGermany+ $2.86M

Refractory Cements’s highest export potential is Germany. With an export gap of $2.16M.   Refractory Cements’s highest import potential is Germany with an import gap of $2.86M.

See methodology.

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