Germany: Borates And Perborates Market 2024

Borates And Perborates Market Size in Germany

In 2022, the German borates and perborates market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a mild descent. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Borates And Perborates Exports

Exports from Germany

In 2022, the amount of borates, peroxoborates (perborates) exported from Germany reduced rapidly to X tons, which is down by X% on 2021 figures. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, borates and perborates exports reduced dramatically to $X in 2022. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for borates and perborates exports from Germany, with a X% share of total exports. Moreover, borates and perborates exports to Poland exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the Czech Republic (X% per year).

In value terms, Poland ($X), the Netherlands ($X) and the Czech Republic ($X) constituted the largest markets for borates and perborates exported from Germany worldwide, together comprising X% of total exports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 2022, the average borates and perborates export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price showed noticeable growth. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Malaysia ($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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Borates And Perborates Imports

Imports into Germany

In 2022, after three years of growth, there was significant decline in purchases abroad of borates, peroxoborates (perborates), when their volume decreased by X% to X tons. In general, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, borates and perborates imports dropped notably to $X in 2022. Over the period under review, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest borates and perborates supplier to Germany, with a X% share of total imports. Moreover, borates and perborates imports from Turkey exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Finland (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of borates, peroxoborates (perborates) to Germany, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Finland (X% per year).

Import Prices by Country

The average borates and perborates import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, 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 ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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