Germany: Alcohols Market 2021

Alcohols Market Size in Germany

In 2020, the German alcohols market increased by X% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, consumption, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. Alcohols consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Alcohols Production in Germany

In value terms, alcohols production contracted to $X in 2020 estimated in export prices. Overall, production, however, recorded a noticeable setback. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2012 to 2020, production growth remained at a lower figure.

Alcohols Exports

Exports from Germany

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports saw a slight curtailment. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. As a result, exports attained the peak of X tons. from 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, alcohols exports reduced rapidly to $X in 2020. In general, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Belgium (X tons) and Italy (X tons) were the main destinations of alcohols exports from Germany, with a combined X% share of total exports. These countries were followed by France, Poland, Austria, the UK, Turkey, Spain, the Czech Republic, the U.S., India and China, which together accounted for a further X 2007 to 2020, the biggest increases were in India, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for alcohols exported from Germany were Italy ($X), France ($X) and the Netherlands ($X), with a combined X% share of total exports. The U.S., Belgium, the UK, Spain, China, Poland, Turkey, India, Austria and the Czech Republic lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average alcohols export price amounted to $X per ton, reducing by -X% against the previous year. In general, the export price showed a mild decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Alcohols Imports

Imports into Germany

In 2020, overseas purchases of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. As a result, imports reached the peak of X tons. from 2011 to 2020, the growth imports failed to regain the momentum.

In value terms, alcohols imports reduced to $X in 2020. Overall, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Norway (X tons) were the main suppliers of alcohols imports to Germany, with a combined X% share of total imports. These countries were followed by Poland, Equatorial Guinea, Trinidad and Tobago, the U.S., Russia, South Africa, France and Saudi Arabia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alcohols suppliers to Germany were the Netherlands ($X), Belgium ($X) and the U.S. ($X), together accounting for X% of total imports. These countries were followed by France, Poland, Norway, South Africa, Saudi Arabia, Equatorial Guinea, Russia and Trinidad and Tobago, which together accounted for a further X and Tobago recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alcohols import price stood at $X per ton in 2020, declining by -X% against the previous year. Over the period under review, the import price showed a slight descent. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for Equatorial Guinea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :