Germany: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Germany

The German cyclanes, cyclenes and cycloterpenes market fell rapidly to $X in 2021, with a decrease of -42% against the previous year. Over the period under review, consumption recorded a noticeable downturn. As a result, consumption reached the peak level of $X, and then shrank dramatically in the following year.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Germany

In value terms, cyclanes, cyclenes and cycloterpenes production totaled $X in 2021 estimated in export price. Overall, production saw a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 31%. Cyclanes, cyclenes and cycloterpenes production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Germany

In 2021, overseas shipments of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) increased by 16% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, total exports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +26.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 49%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, cyclanes, cyclenes and cycloterpenes exports shrank to $X in 2021. Overall, exports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2013 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X tons), France (X tons) and China (X tons) were the main destinations of cyclanes, cyclenes and cycloterpenes exports from Germany, together comprising 58% of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +22.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cyclanes, cyclenes and cycloterpenes exported from Germany were Taiwan (Chinese) ($X), China ($X) and France ($X), together comprising 70% of total exports.

China, with a CAGR of +33.2%, saw the highest rates of growth with regard to 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

The average cyclanes, cyclenes and cycloterpenes export price stood at $X per ton in 2021, reducing by -19.7% against the previous year. In general, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Poland ($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 China (+9.2%), while the prices for the other major destinations experienced a decline.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Germany

For the third year in a row, Germany recorded growth in overseas purchases of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane), which increased by 3.4% to X tons in 2021. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, cyclanes, cyclenes and cycloterpenes imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), China (X tons) and Belgium (X tons) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to Germany, together accounting for 65% of total imports. These countries were followed by France, South Korea, India, Russia, Brazil, Italy, the United States and Japan, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +38.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) to Germany, comprising 50% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total imports. It was followed by France, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+6.2% per year) and France (+18.6% per year).

Import Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, increasing by 22% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 26%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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