Germany: Modelling Pastes Market 2024

Modelling Pastes Market Size in Germany

The German modelling pastes market rose remarkably to $X in 2021, with an increase of 12% against the previous year. Over the period under review, consumption, however, recorded a deep setback. Modelling pastes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Modelling Pastes Production in Germany

In value terms, modelling pastes production soared to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Modelling Pastes Exports

Exports from Germany

In 2021, modelling pastes exports from Germany soared to X tons, picking up by 30% compared with 2020 figures. The total export volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, modelling pastes exports soared to $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Russia (X tons) and the United States (X tons) were the main destinations of modelling pastes exports from Germany, together comprising 26% of total exports. China, the Netherlands, the Czech Republic, France, Italy, Austria, Canada, the UK, Spain and Sweden lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +21.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for modelling pastes exported from Germany were the United States ($X), the Netherlands ($X) and China ($X), together comprising 36% of total exports.

China, with a CAGR of +19.9%, saw 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

In 2021, the average modelling pastes export price amounted to $X per ton, growing by 3.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 11% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 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, the country with the highest price was the United States ($X per ton), while the average price for exports to the Czech Republic ($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 the Netherlands (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into Germany

In 2021, imports of modelling pastes, dental wax and dental impression compounds into Germany skyrocketed to X tons, picking up by 33% on the previous year. The total import volume increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, modelling pastes imports surged to $X in 2021. The total import value increased at an average annual rate of +5.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of modelling pastes imports to Germany, together comprising 68% of total imports. Romania, Switzerland, Poland, France, the United States and Belgium lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +141.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest modelling pastes suppliers to Germany were the Netherlands ($X), China ($X) and Romania ($X), together accounting for 56% of total imports. Switzerland, Italy, the United States, Poland, France and Belgium lagged somewhat behind, together accounting for a further 32%.

Poland, with a CAGR of +147.0%, recorded 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 modelling pastes import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($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 United States (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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