Germany: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Germany

In 2021, the German double or complex silicates market decreased by -12.7% to $X, falling for the third consecutive year after four years of growth. Overall, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.4% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Double Or Complex Silicates in Germany

In value terms, double or complex silicates production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, posted a resilient expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 183% against the previous year. Double or complex silicates production peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports of Double Or Complex Silicates

Exports from Germany

In 2021, overseas shipments of double or complex silicates were finally on the rise to reach X tons after two years of decline. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -24.6% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by 43% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, double or complex silicates exports surged to $X in 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 72%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

The Netherlands (X tons), Belgium (X tons) and Poland (X tons) were the main destinations of double or complex silicates exports from Germany, with a combined 27% share of total exports. The United States, France, China, Italy, the Czech Republic, South Africa, Egypt, North Macedonia, Japan and Saudi Arabia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the biggest increases were recorded for North Macedonia (with a CAGR of +70.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Netherlands ($X) and North Macedonia ($X) constituted the largest markets for double or complex silicates exported from Germany worldwide, with a combined 55% share of total exports.

North Macedonia, with a CAGR of +84.7%, recorded 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

In 2021, the average double or complex silicates export price amounted to $X per ton, rising by 35% against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Egypt ($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 Poland (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Double Or Complex Silicates

Imports into Germany

For the third consecutive year, Germany recorded decline in supplies from abroad of double or complex silicates, which decreased by -10.6% to X tons in 2021. In general, imports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by 50%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, double or complex silicates imports declined to $X in 2021. Overall, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 51%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest double or complex silicates supplier to Germany, accounting for a 48% share of total imports. Moreover, double or complex silicates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), fourfold. The third position in this ranking was taken by Spain (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+15.2% per year) and Spain (+21.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of double or complex silicates to Germany, comprising 45% of total imports. The second position in the ranking was taken by the UK ($X), with a 7.3% share of total imports. It was followed by China, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-5.3% per year) and China (+21.6% per year).

Import Prices by Country

In 2021, the average double or complex silicates import price amounted to $X per ton, increasing by 5.2% against the previous year. In general, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 37% against the previous year. The import price peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

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 the UK ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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