Germany: Cement Clinker Market 2024

Cement Clinker Market Size in Germany

In 2022, after two years of growth, there was decline in the German cement clinker market, when its value decreased by -0.7% to $X. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; afterwards, it flattened through to 2022.

Cement Clinker Production in Germany

In value terms, cement clinker production dropped modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Over the period under review, production attained the peak level at $X in 2014; afterwards, it flattened through to 2022.

Cement Clinker Exports

Exports from Germany

In 2022, the amount of cement clinker exported from Germany fell dramatically to X tons, dropping by -44.9% on the previous year's figure. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 166%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, cement clinker exports shrank markedly to $X in 2022. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 184%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons) was the main destination for cement clinker exports from Germany, with a 84% share of total exports. Moreover, cement clinker exports to Austria exceeded the volume sent to the second major destination, Luxembourg (X tons), eightfold. Switzerland (X tons) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria totaled -9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+1.7% per year) and Switzerland (+9.5% per year).

In value terms, Austria ($X) remains the key foreign market for cement clinker exports from Germany, comprising 78% of total exports. The second position in the ranking was taken by Italy ($X), with a 7.8% share of total exports. It was followed by Luxembourg, with a 7% share.

From 2012 to 2022, the average annual growth rate of value to Austria stood at -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+59.2% per year) and Luxembourg (+0.8% per year).

Export Prices by Country

The average cement clinker export price stood at $X per ton in 2022, growing by 29% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Luxembourg ($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 Belgium (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Clinker Imports

Imports into Germany

In 2022, the amount of cement clinker imported into Germany declined significantly to X tons, reducing by -62.5% on the year before. In general, imports, however, showed a slight expansion. The pace of growth was the most pronounced in 2020 with an increase of 540%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cement clinker imports reduced to $X in 2022. Overall, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 227% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of cement clinker to Germany, with a 54% share of total imports. Moreover, cement clinker imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +133.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+166.0% per year) and Belgium (-5.6% per year).

In value terms, Turkey ($X), Italy ($X) and Algeria ($X) were the largest cement clinker suppliers to Germany, with a combined 85% share of total imports.

Algeria, with a CAGR of +283.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cement clinker import price amounted to $X per ton, jumping by 136% against the previous year. Overall, the import price continues to indicate a perceptible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+57.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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