Germany: Market for Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) 2024

Market Size for Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) in Germany

In 2021, after two years of decline, there was significant growth in the German market for acrylic polymers, in primary forms (excluding polymethyl methacrylate), when its value increased by 8.4% to $X. Over the period under review, consumption saw a noticeable decline. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate) in Germany

In value terms, production of acrylic polymers, in primary forms (excluding polymethyl methacrylate) amounted to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. Production of peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)

Exports from Germany

For the third consecutive year, Germany recorded growth in overseas shipments of acrylic polymers, in primary forms (excluding polymethyl methacrylate), which increased by 4.8% to X tons in 2021. Over the period under review, exports recorded measured growth. The most prominent rate of growth was recorded in 2013 with an increase of 13%. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) surged to $X in 2021. In general, exports continue to indicate a modest increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Italy (X tons) and Poland (X tons) were the main destinations of exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) from Germany, together accounting for 34% of total exports. The Netherlands, the UK, Spain, Belgium, Russia, the United States, the Czech Republic, Austria, Sweden and Turkey lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +8.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Poland ($X) appeared to be the largest markets for acrylic polymers, in primary forms (excluding polymethyl methacrylate) exported from Germany worldwide, with a combined 29% share of total exports. These countries were followed by the Netherlands, the United States, Spain, the UK, Belgium, Austria, Russia, the Czech Republic, Sweden and Turkey, which together accounted for a further 40%.

Among the main countries of destination, Sweden, with a CAGR of +6.3%, saw the highest growth rate of 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

The average export price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) stood at $X per ton in 2021, with an increase of 21% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acrylic Polymers, In Primary Forms (Excluding Polymethyl Methacrylate)

Imports into Germany

In 2021, approx. X tons of acrylic polymers, in primary forms (excluding polymethyl methacrylate) were imported into Germany; with an increase of 6% on the previous year's figure. The total import volume increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 9.6% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) skyrocketed to $X in 2021. Over the period under review, imports recorded a slight expansion. Imports peaked at $X in 2014; afterwards, it flattened through to 2021.

Imports by Country

France (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) to Germany, together comprising 63% of total imports. South Korea, Italy, Spain, the Czech Republic, Austria, Japan, the UK and the United States lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +9.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic polymers, in primary forms (excluding polymethyl methacrylate) suppliers to Germany were France ($X), Belgium ($X) and the Netherlands ($X), with a combined 59% share of total imports. South Korea, Italy, Austria, Japan, the United States, Spain, the UK and the Czech Republic lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, Austria, with a CAGR of +11.6%, recorded the highest rates of growth with regard to 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

In 2021, the average import price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) amounted to $X per ton, picking up by 14% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform