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Germany - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGermany Sees 18% Decline in Epoxide Resin Exports, Falling to $1 Billion in 2023
Germany Epoxide Resin Exports
In 2023, shipments abroad of epoxide resins decreased by -12.4% to 183K tons, falling for the second year in a row after two years of growth. In general, exports recorded a slight downturn. The pace of growth was the most pronounced in 2014 when exports increased by 19%. The exports peaked at 290K tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
In value terms, epoxide resin exports plummeted to $1B (IndexBox estimates) in 2023. Over the period under review, total exports indicated a mild expansion from 2013 to 2023: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by -31.8% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. As a result, the exports reached the peak of $1.5B. From 2022 to 2023, the growth of the exports failed to regain momentum.
COUNTRY | Export Value of Epoxide Resin in Germany (million USD) | ||||||||||
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2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Netherlands | 58.8 | 57.3 | 44.1 | 41.7 | 50.6 | 76.1 | 79.4 | 103 | 111 | 106 | 94.7 |
Italy | 55.2 | 63.5 | 67.4 | 75.2 | 82.7 | 96.2 | 78.7 | 80.0 | 174 | 138 | 90.7 |
Turkey | 33.4 | 40.3 | 43.2 | 43.6 | 49.0 | 60.9 | 71.1 | 66.9 | 107 | 94.1 | 83.2 |
France | 70.5 | 74.1 | 61.2 | 61.9 | 66.9 | 83.7 | 80.5 | 55.9 | 103 | 89.0 | 82.8 |
United States | 27.5 | 34.3 | 46.6 | 37.9 | 49.3 | 65.2 | 66.0 | 68.4 | 77.3 | 88.2 | 75.6 |
United Kingdom | 75.5 | 81.3 | 68.4 | 96.4 | 111 | 125 | 107 | 88.8 | 133 | 126 | 63.8 |
Spain | 37.6 | 37.2 | 38.8 | 50.9 | 54.8 | 72.4 | 64.8 | 60.5 | 92.2 | 68.2 | 61.5 |
Austria | 61.4 | 81.4 | 61.9 | 62.8 | 56.4 | 64.7 | 60.0 | 52.6 | 85.4 | 67.7 | 60.2 |
China | 61.7 | 95.9 | 108 | 92.9 | 106 | 86.4 | 56.0 | 62.6 | 88.5 | 59.2 | 54.9 |
Others | 449 | 493 | 395 | 389 | 394 | 450 | 412 | 363 | 553 | 429 | 372 |
Total | 930 | 1,058 | 935 | 952 | 1,021 | 1,181 | 1,076 | 1,001 | 1,523 | 1,265 | 1,039 |
Exports by Country
Italy (20K tons), the Netherlands (18K tons) and Turkey (18K tons) were the main destinations of epoxide resin exports from Germany, together comprising 30% of total exports.
From 2013 to 2023, the biggest increases were recorded for Turkey (with a CAGR of +7.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($95M), Italy ($91M) and Turkey ($83M) appeared to be the largest markets for epoxide resin exported from Germany worldwide, with a combined 26% share of total exports. France, the United States, the UK, Spain, Austria and China lagged somewhat behind, together accounting for a further 38%.
In terms of the main countries of destination, the United States, with a CAGR of +10.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the epoxide resin price amounted to $5,664 per ton (FOB, Germany), shrinking by -6.2% against the previous year. Overall, export price indicated temperate growth from 2013 to 2023: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, epoxide resin export price increased by +53.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. The export price peaked at $6,040 per ton in 2022, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,365 per ton), while the average price for exports to Turkey ($4,601 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the epoxide resin 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 20164030 - Epoxide resins, in primary forms
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024