Germany: Sorbitol Market 2024

Sorbitol Market Size in Germany

In 2022, after two years of decline, there was significant growth in the German sorbitol market, when its value increased by X% to $X. Over the period under review, consumption, however, continues to indicate a pronounced downturn. Sorbitol consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Sorbitol Production in Germany

In value terms, sorbitol production surged to $X in 2022 estimated in export price. In general, production, however, saw a mild contraction. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Sorbitol Exports

Exports from Germany

Sorbitol exports from Germany shrank markedly to X tons in 2022, reducing by X% compared with 2021 figures. In general, exports, however, showed a modest expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sorbitol exports rose to $X in 2022. Over the period under review, exports, however, saw strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of sorbitol exports from Germany, with a combined X% share of total exports. The UK, France, Russia, Spain, Luxembourg, Belgium, the United States and Italy lagged somewhat behind, together comprising a further X%.

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

In value terms, the Netherlands ($X), Denmark ($X) and Finland ($X) appeared to be the largest markets for sorbitol exported from Germany worldwide, together accounting for X% of total exports. The UK, France, the United States, Russia, Italy, Belgium, Spain and Luxembourg lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Luxembourg, with a CAGR of X%, 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 sorbitol export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. As a result, the export price attained 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 the United States ($X per ton), while the average price for exports to Luxembourg ($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 Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sorbitol Imports

Imports into Germany

In 2022, after three years of decline, there was significant growth in supplies from abroad of d-glucitol (sorbitol), when their volume increased by X% to X tons. In general, imports, however, saw a pronounced reduction. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sorbitol imports skyrocketed to $X in 2022. Overall, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

France (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of sorbitol imports to Germany, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Belgium ($X) and Italy ($X) were the largest sorbitol suppliers to Germany, together accounting for X% of total imports.

Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sorbitol import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sorbitol import price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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