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Germany - Argon - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

Germany - Argon - Market Analysis, Forecast, Size, Trends And Insights

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Feb 13, 2024

Germany's September 2023 Export of Argon Surges, Reaching $3.7M

Germany Argon Exports

In September 2023, after two months of decline, there was significant growth in overseas shipments of argon, when their volume increased by 24% to 4.5M cubic meters. Overall, total exports indicated a mild expansion from September 2022 to September 2023: its volume increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, exports increased by +23.8% against August 2023 indices. The growth pace was the most rapid in October 2022 with an increase of 90% m-o-m. As a result, the exports attained the peak of 7.5M cubic meters. From November 2022 to September 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, argon exports skyrocketed to $3.7M (IndexBox estimates) in September 2023. Over the period under review, total exports indicated a tangible increase from September 2022 to September 2023: its value increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, exports increased by +19.6% against August 2023 indices. The growth pace was the most rapid in October 2022 when exports increased by 73% m-o-m. The exports peaked at 4.5M cubic meters in June 2023; however, from July 2023 to September 2023, the exports remained at a lower figure.Germany Argon Exports By Country (Thousand USD)

COUNTRYExport Value of Argon in Germany (thousand USD)
Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023
Italy5058741,0736951,2281,1091,1381,0711,3231,4748477111,262
Poland3711,329519278413649533535650723608680529
France331419496439613630722840544578596497461
Austria162103212131177345270189273216301235254
Denmark46.3271184159169239191223337285113100200
Hungary93.215712345.919510213115421224795.8155187
Czech Republic90.551.995.155.9230155125152156149124127134
Others6747321,1341,093803938794689711845656548624
Total2,2723,9383,8362,8983,8284,1673,9043,8544,2074,5183,3423,0533,651

Exports by Country

Italy (1.6M cubic meters) was the main destination for argon exports from Germany, with a 36% share of total exports. Moreover, argon exports to Italy exceeded the volume sent to the second major destination, Poland (672K cubic meters), twofold. France (544K cubic meters) ranked third in terms of total exports with a 12% share.

From September 2022 to September 2023, the average monthly rate of growth in terms of volume to Italy totaled +7.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Poland (-1.5% per month) and France (-2.0% per month).

In value terms, Italy ($1.3M) remains the key foreign market for argon exports from Germany, comprising 35% of total exports. The second position in the ranking was held by Poland ($529K), with a 14% share of total exports. It was followed by France, with a 13% share.

From September 2022 to September 2023, the average monthly rate of growth in terms of value to Italy stood at +7.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Poland (+3.0% per month) and France (+2.8% per month).

Export Prices by Country

In September 2023, the argon price stood at $815 per thousand cubic meters (FOB, Germany), waning by -3.4% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in November 2022 an increase of 19% month-to-month. The export price peaked at $878 per thousand cubic meters in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the Czech Republic ($1.3 per cubic meter), while the average price for exports to Norway ($436 per thousand cubic meters) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the argon market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20111120 - Argon

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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