Germany: Complex Fluorine Salts Market 2024

Complex Fluorine Salts Market Size in Germany

The German complex fluorine salts market dropped to $X in 2021, waning by -6.2% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Complex fluorine salts consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Complex Fluorine Salts Production in Germany

In value terms, complex fluorine salts production shrank to $X in 2021 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +13.7% against 2015 indices. The most prominent rate of growth was recorded in 2015 with an increase of 34% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then reduced in the following year.

Complex Fluorine Salts Exports

Exports from Germany

In 2021, overseas shipments of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by 13% to X tons, rising for the second year in a row after two years of decline. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 25% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, complex fluorine salts exports rose sharply to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 38% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for complex fluorine salts exports from Germany, accounting for a 22% share of total exports. Moreover, complex fluorine salts exports to the United States exceeded the volume sent to the second major destination, Italy (X tons), threefold. Turkey (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+1.4% per year) and Turkey (+10.3% per year).

In value terms, Japan ($X), the United States ($X) and France ($X) were the largest markets for complex fluorine salts exported from Germany worldwide, with a combined 57% share of total exports. These countries were followed by the UK, China, Italy, Thailand, Turkey, Poland, South Korea, the Netherlands, Brazil and Romania, which together accounted for a further 28%.

In terms of the main countries of destination, Romania, with a CAGR of +30.6%, recorded 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

In 2021, the average complex fluorine salts export price amounted to $X per ton, declining by -2% against the previous year. In general, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Romania ($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 Brazil (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Complex Fluorine Salts Imports

Imports into Germany

In 2021, purchases abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by 3.9% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 38% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, complex fluorine salts imports totaled $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 41%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest complex fluorine salts supplier to Germany, with a 33% share of total imports. Moreover, complex fluorine salts imports from Sweden exceeded the figures recorded by the second-largest supplier, Denmark (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+99.8% per year) and the Netherlands (+5.9% per year).

In value terms, Sweden ($X), Spain ($X) and the Netherlands ($X) were the largest complex fluorine salts suppliers to Germany, together accounting for 48% of total imports. Belgium, Denmark, Italy and Slovakia lagged somewhat behind, together accounting for a further 20%.

Denmark, with a CAGR of +95.2%, saw the highest growth rate of the value of imports, in terms of 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 complex fluorine salts import price stood at $X per ton in 2021, falling by -3.4% against the previous year. In general, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 12%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Slovakia ($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 (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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