Germany: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Germany

The German market for glaziers putty, grafting putty, other mastics and painters' fillings skyrocketed to $X in 2022, increasing by 16% against the previous year. In general, consumption saw prominent growth. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Germany

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, production of hit record highs in 2022 and is expected to retain growth in years to come.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Germany

In 2022, shipments abroad of glaziers putty, grafting putty, other mastics and painters' fillings increased by 2.9% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 11%. Over the period under review, the exports of attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings reached $X in 2022. The total export value increased at an average annual rate of +3.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

France (X tons), Poland (X tons) and Italy (X tons) were the main destinations of exports of glaziers putty, grafting putty, other mastics and painters' fillings from Germany, together accounting for 25% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +9.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glaziers, grafting putty and painters' filling exported from Germany were France ($X), the United States ($X) and Italy ($X), with a combined 24% share of total exports. The UK, Spain, China, Switzerland, Poland, the Netherlands, Turkey, Belgium, Austria and Saudi Arabia lagged somewhat behind, together comprising a further 40%.

Saudi Arabia, with a CAGR of +8.3%, recorded the highest growth rate of 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

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, rising by 5.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 an increase of 7.9% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Poland ($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 the Netherlands (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Germany

In 2022, approx. X tons of glaziers putty, grafting putty, other mastics and painters' fillings were imported into Germany; shrinking by -2.2% on the year before. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 49%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings rose rapidly to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Switzerland (X tons) constituted the largest glaziers, grafting putty and painters' filling supplier to Germany, accounting for a 40% share of total imports. Moreover, imports of glaziers putty, grafting putty, other mastics and painters' fillings from Switzerland exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. France (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Switzerland stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-3.9% per year) and France (+6.2% per year).

In value terms, Switzerland ($X) constituted the largest supplier of glaziers putty, grafting putty, other mastics and painters' fillings to Germany, comprising 44% of total imports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total imports. It was followed by the Netherlands, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland amounted to +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.6% per year) and the Netherlands (+6.8% per year).

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, surging by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average 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 the Netherlands ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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