Germany: Market for Ferro-Cerium And Pyrophoric Alloys 2024

Market Size for Ferro-Cerium And Pyrophoric Alloys in Germany

In 2021, the German ferro-cerium and pyrophoric alloys market decreased by -8.8% to $X, falling for the second year in a row after two years of growth. In general, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the market value increased by 8.3% against the previous year. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Ferro-Cerium And Pyrophoric Alloys in Germany

In value terms, ferro-cerium and pyrophoric alloys production reached $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +97.7% against 2015 indices. The growth pace was the most rapid in 2016 when the production volume increased by 31%. Ferro-cerium and pyrophoric alloys production peaked in 2021 and is expected to retain growth in the immediate term.

Exports of Ferro-Cerium And Pyrophoric Alloys

Exports from Germany

In 2021, shipments abroad of ferro-cerium and pyrophoric alloys increased by 31% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-cerium and pyrophoric alloys exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.0% 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 +27.2% against 2019 indices. The growth pace was the most rapid in 2017 when exports increased by 49% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Italy (X tons) and Spain (X tons) were the main destinations of ferro-cerium and pyrophoric alloys exports from Germany, with a combined 46% share of total exports. Switzerland, Poland, Romania, Austria, the Netherlands, Belgium, Greece, Norway, Portugal and Croatia lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +29.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ferro-cerium and pyrophoric alloys exported from Germany were Italy ($X), France ($X) and Switzerland ($X), with a combined 50% share of total exports. These countries were followed by Spain, Austria, Poland, Romania, the Netherlands, Norway, Belgium, Greece, Portugal and Croatia, which together accounted for a further 38%.

Romania, with a CAGR of +26.7%, recorded the highest growth rate of the value of exports, among 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 ferro-cerium and pyrophoric alloys export price stood at $X per ton in 2021, with a decrease of -6.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Spain ($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 Italy (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ferro-Cerium And Pyrophoric Alloys

Imports into Germany

For the fourth consecutive year, Germany recorded decline in overseas purchases of ferro-cerium and pyrophoric alloys, which decreased by -5% to X tons in 2021. In general, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2017 when imports increased by 31%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-cerium and pyrophoric alloys imports stood at $X in 2021. Over the period under review, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The UK (X tons), the Netherlands (X tons) and Austria (X tons) were the main suppliers of ferro-cerium and pyrophoric alloys imports to Germany, with a combined 68% share of total imports. Poland, Ukraine, Russia, North Macedonia, China, Turkey and the United States lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +144.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-cerium and pyrophoric alloys suppliers to Germany were Austria ($X), the Netherlands ($X) and the UK ($X), with a combined 62% share of total imports. Poland, Ukraine, China, the United States, Russia, North Macedonia and Turkey lagged somewhat behind, together accounting for a further 33%.

Ukraine, with a CAGR of +133.9%, recorded 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 more modest paces of growth.

Import Prices by Country

The average ferro-cerium and pyrophoric alloys import price stood at $X per ton in 2021, increasing by 6.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 15% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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 United States ($X per ton), while the price for the UK ($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 United States (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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