Germany: Ether Market 2024

Ether Market Size in Germany

The German ether market reduced dramatically to $X in 2022, dropping by -22.2% against the previous year. In general, consumption showed a pronounced descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ether Production in Germany

In value terms, ether production expanded significantly to $X in 2022 estimated in export price. Overall, production showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ether Exports

Exports from Germany

In 2022, overseas shipments of ethers decreased by -22% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a slight decrease. The growth pace was the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, ether exports dropped to $X in 2022. In general, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Belgium (X tons) and Switzerland (X tons) were the main destinations of ether exports from Germany, together comprising 59% of total exports. Poland, France, Italy, Spain, the UK, the United States, China and Austria lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +11.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and China ($X) appeared to be the largest markets for ether exported from Germany worldwide, together comprising 39% of total exports.

In terms of the main countries of destination, China, with a CAGR of +14.5%, 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 ether export price stood at $X per ton in 2022, surging by 9.5% against the previous year. Overall, the export price, however, recorded a mild slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 22% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($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 China (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ether Imports

Imports into Germany

In 2022, the amount of ethers imported into Germany expanded to X tons, picking up by 4.5% on 2021 figures. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 18%. 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, ether imports expanded sharply to $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +56.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Saudi Arabia (X tons) were the main suppliers of ether imports to Germany, together comprising 81% of total imports. The United States, India, Italy, China, France, Poland and Austria lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +27.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and China ($X) were the largest ether suppliers to Germany, together comprising 66% of total imports. The United States, India, Italy, France, Saudi Arabia, Poland and Austria lagged somewhat behind, together comprising a further 25%.

In terms of the main suppliers, Poland, with a CAGR of +19.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ether import price stood at $X per ton in 2022, increasing by 3.6% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ether import price increased by +67.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 61%. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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