Germany: Metal Letter Clip Market 2024

Metal Letter Clip Market Size in Germany

The German metal letter clip market rose slightly to $X in 2022, surging by 4.6% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Metal Letter Clip Production in Germany

In value terms, metal letter clip production declined modestly to $X in 2022 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +1.0% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 62%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Metal Letter Clip Exports

Exports from Germany

In 2022, the amount of letter clips, letter corners of base metal exported from Germany reduced to X tons, shrinking by -5.7% on 2021. In general, exports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 13%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, metal letter clip exports declined to $X in 2022. The total export value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Poland (X tons) was the main destination for metal letter clip exports from Germany, with a 38% share of total exports. Moreover, metal letter clip exports to Poland exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was held by Austria (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Poland stood at -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+17.9% per year) and Austria (+1.9% per year).

In value terms, the largest markets for metal letter clip exported from Germany were Poland ($X), Austria ($X) and France ($X), with a combined 52% share of total exports. Switzerland, the Netherlands, Belgium, Spain, the UK, Italy, the Czech Republic and Sweden lagged somewhat behind, together comprising a further 35%.

Among the main countries of destination, Spain, with a CAGR of +15.6%, recorded the highest growth rate of 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 2022, the average metal letter clip export price amounted to $X per ton, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2017 an increase of 18%. The export price peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Poland ($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 Czech Republic (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Letter Clip Imports

Imports into Germany

In 2022, imports of letter clips, letter corners of base metal into Germany shrank modestly to X tons, which is down by -4.9% on the previous year. Overall, imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2014 when imports increased by 36%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, metal letter clip imports shrank slightly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 37%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Slovenia (X tons) and Poland (X tons) were the main suppliers of metal letter clip imports to Germany, with a combined 80% share of total imports. Italy, the Czech Republic, the Netherlands and France lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +61.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of letter clips, letter corners of base metal to Germany, comprising 49% of total imports. The second position in the ranking was held by Slovenia ($X), with a 16% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+7.4% per year) and Poland (+8.9% per year).

Import Prices by Country

In 2022, the average metal letter clip import price amounted to $X per ton, with an increase of 4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 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 ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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