Germany: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in Germany

After three years of decline, the German industrial fatty alcohols market increased by 15% to $X in 2021. In general, consumption continues to indicate a noticeable reduction. Industrial fatty alcohols consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Industrial Fatty Alcohols Production in Germany

In value terms, industrial fatty alcohols production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced setback. Industrial fatty alcohols production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Industrial Fatty Alcohols Exports

Exports from Germany

In 2021, approx. X tons of industrial fatty alcohols were exported from Germany; growing by 5.3% compared with the previous year's figure. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 9.3%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, industrial fatty alcohols exports surged to $X in 2021. Over the period under review, exports, however, recorded a mild slump. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Italy (X tons) and the UK (X tons) were the main destinations of industrial fatty alcohols exports from Germany, with a combined 53% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +13.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial fatty alcohols exported from Germany were Belgium ($X), Italy ($X) and the UK ($X), together comprising 48% of total exports.

The UK, with a CAGR of +9.1%, recorded the highest rates of growth with regard to 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 industrial fatty alcohols export price stood at $X per ton in 2021, jumping by 28% against the previous year. Over the period under review, the export price, however, showed a slight slump. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($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 Spain (-0.1%), while the prices for the other major destinations experienced a decline.

Industrial Fatty Alcohols Imports

Imports into Germany

In 2021, overseas purchases of industrial fatty alcohols increased by 2.3% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 13% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, industrial fatty alcohols imports soared to $X in 2021. Over the period under review, imports, however, recorded a mild shrinkage. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of industrial fatty alcohols to Germany, with a 72% share of total imports. Moreover, industrial fatty alcohols imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands amounted to +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+3.1% per year) and Italy (+2.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of industrial fatty alcohols to Germany, comprising 68% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports. It was followed by Italy, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.5% per year) and Italy (-1.3% per year).

Import Prices by Country

The average industrial fatty alcohols import price stood at $X per ton in 2021, surging by 25% against the previous year. In general, the import price, however, showed a mild reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Malaysia ($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 UK (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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