Germany: Melamine Resins Market 2024

Melamine Resins Market Size in Germany

In 2021, the German melamine resins market increased by 39% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Melamine Resins Production in Germany

In value terms, melamine resins production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Melamine Resins Exports

Exports from Germany

In 2021, shipments abroad of melamine resins in primary forms was finally on the rise to reach X tons after three years of decline. In general, exports, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 when exports increased by 12%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, melamine resins exports skyrocketed to $X in 2021. Overall, exports, however, recorded a pronounced setback. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons), France (X tons) and Poland (X tons) were the main destinations of melamine resins exports from Germany, with a combined 37% share of total exports. These countries were followed by Russia, Switzerland, Spain, Turkey, Austria, China, the United States, the UK, the Czech Republic and the Netherlands, which together accounted for a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +2.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for melamine resins exported from Germany were Italy ($X), France ($X) and Poland ($X), together comprising 36% of total exports. China, Spain, the United States, Russia, Switzerland, the UK, Turkey, Austria, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further 41%.

Among the main countries of destination, the Czech Republic, with a CAGR of +4.2%, saw 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

The average melamine resins export price stood at $X per ton in 2021, jumping by 20% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Switzerland ($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 France (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Melamine Resins Imports

Imports into Germany

In 2021, supplies from abroad of melamine resins in primary forms increased by 36% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, melamine resins imports surged to $X in 2021. Overall, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Austria (X tons) constituted the largest melamine resins supplier to Germany, accounting for a 48% share of total imports. Moreover, melamine resins imports from Austria exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. Italy (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from Austria amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+29.7% per year) and Italy (+2.8% per year).

In value terms, Austria ($X) constituted the largest supplier of melamine resins in primary forms to Germany, comprising 38% of total imports. The second position in the ranking was taken by Poland ($X), with a 17% share of total imports. It was followed by Norway, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+41.7% per year) and Norway (+25.6% per year).

Import Prices by Country

The average melamine resins import price stood at $X per ton in 2021, surging by 32% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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