Germany: Ethanol Market 2024

Ethanol Market Size in Germany

The German ethanol market surged to $X in 2022, with an increase of 47% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ethanol Production in Germany

In value terms, ethanol production contracted modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 37%. Ethanol production peaked at $X in 2021, and then fell slightly in the following year.

Ethanol Exports

Exports from Germany

In 2022, the amount of ethyl alcohol exported from Germany skyrocketed to X litres, picking up by 15% against the year before. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 41%. The exports peaked at X litres in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, ethanol exports skyrocketed to $X in 2022. In general, exports posted strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

The Netherlands (X litres) was the main destination for ethanol exports from Germany, accounting for a 52% share of total exports. Moreover, ethanol exports to the Netherlands exceeded the volume sent to the second major destination, Poland (X litres), fivefold. The third position in this ranking was held by Denmark (X litres), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-6.8% per year) and Denmark (+21.0% per year).

In value terms, the Netherlands ($X) remains the key foreign market for ethyl alcohol exports from Germany, comprising 48% of total exports. The second position in the ranking was taken by Sweden ($X), with a 9.4% share of total exports. It was followed by Denmark, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+16.0% per year) and Denmark (+21.9% per year).

Export Prices by Country

In 2022, the average ethanol export price amounted to $X per litre, increasing by 15% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per litre), while the average price for exports to Poland ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ethanol Imports

Imports into Germany

In 2022, supplies from abroad of ethyl alcohol increased by 28% to X litres for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a perceptible downturn. Over the period under review, imports reached the maximum at X litres in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, ethanol imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X litres), Hungary (X litres) and Belgium (X litres) were the main suppliers of ethanol imports to Germany, together comprising 64% of total imports. France, Poland, Sweden and Austria lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +25.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethanol suppliers to Germany were the Netherlands ($X), Hungary ($X) and Belgium ($X), with a combined 64% share of total imports. These countries were followed by France, Poland, Sweden and Austria, which together accounted for a further 30%.

In terms of the main suppliers, Sweden, with a CAGR of +33.6%, recorded 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

In 2022, the average ethanol import price amounted to $X per litre, rising by 24% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethanol import price increased by +79.1% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($X per litre) and Austria ($X per litre), while the price for Poland ($X per litre) and France ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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