Germany: Bentonite Market 2024

Bentonite Market Size in Germany

For the third consecutive year, the German bentonite market recorded growth in sales value, which increased by 11% to $X in 2022. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Bentonite consumption peaked in 2022 and is likely to see gradual growth in years to come.

Bentonite Production in Germany

In value terms, bentonite production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Bentonite Exports

Exports from Germany

In 2022, overseas shipments of bentonite decreased by -31.8% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 20% against the previous year. The exports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, bentonite exports dropped sharply to $X in 2022. Overall, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2019 with an increase of 16%. The exports peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

Poland (X tons), the Netherlands (X tons) and Switzerland (X tons) were the main destinations of bentonite exports from Germany, together accounting for 51% of total exports. Austria, Italy, Denmark, France, India, Belgium, the Czech Republic, Lithuania and Hungary lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +49.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bentonite exported from Germany were Poland ($X), Switzerland ($X) and the Netherlands ($X), with a combined 36% share of total exports. Austria, France, Italy, Denmark, Belgium, India, the Czech Republic, Hungary and Lithuania lagged somewhat behind, together comprising a further 37%.

In terms of the main countries of destination, India, with a CAGR of +35.7%, saw 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

The average bentonite export price stood at $X per ton in 2022, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Bentonite Imports

Imports into Germany

In 2022, the amount of bentonite imported into Germany reached X tons, with an increase of 11% compared with 2021 figures. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, bentonite imports expanded notably to $X in 2022. In general, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.4% against 2016 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), Turkey (X tons) and the Czech Republic (X tons) were the main suppliers of bentonite imports to Germany, with a combined 71% share of total imports. The Netherlands, Poland, Slovakia, the United States, Belgium and Canada lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +15.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and the Czech Republic ($X) were the largest bentonite suppliers to Germany, together accounting for 65% of total imports. Turkey, Poland, the United States, Slovakia, Belgium and Canada lagged somewhat behind, together comprising a further 27%.

Among the main suppliers, the United States, with a CAGR of +15.0%, 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

The average bentonite import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price recorded a mild descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 4.5% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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