Germany: Peroxosulphates Market 2024

Peroxosulphates Market Size in Germany

In 2021, the German peroxosulphates market increased by 0.6% to $X, rising for the fourth year in a row after five years of decline. Overall, consumption showed strong growth. Peroxosulphates consumption peaked in 2021 and is likely to continue growth in the immediate term.

Peroxosulphates Production in Germany

In value terms, peroxosulphates production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 11%. As a result, production attained the peak level of $X, and then contracted slightly in the following year.

Peroxosulphates Exports

Exports from Germany

In 2019, shipments abroad of peroxosulphates (persulphates) decreased by -0.4% to X tons, falling for the second year in a row after six years of growth. The total export volume increased at an average annual rate of +3.9% from 2012 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2014 with an increase of 9.3% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

In value terms, peroxosulphates exports fell slightly to $X in 2019. The total export value increased at an average annual rate of +6.0% from 2012 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 13%. As a result, the exports reached the peak of $X, and then fell slightly in the following year.

Exports by Country

Italy (X tons) was the main destination for peroxosulphates exports from Germany, accounting for a 26% share of total exports. Moreover, peroxosulphates exports to Italy exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 7.4% share.

From 2012 to 2019, the average annual growth rate of volume to Italy totaled +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-2.1% per year) and the UK (+15.9% per year).

In value terms, the largest markets for peroxosulphates exported from Germany were Italy ($X), the United States ($X) and China ($X), with a combined 43% share of total exports.

China, with a CAGR of +23.6%, 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 peroxosulphates export price stood at $X per ton in 2019, remaining constant against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 16%. As a result, the export price reached the peak level of $X per ton, and then shrank slightly in the following year.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Peroxosulphates Imports

Imports into Germany

In 2021, the amount of peroxosulphates (persulphates) imported into Germany skyrocketed to X tons, jumping by 63% on 2020. The total import volume increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, peroxosulphates imports soared to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, 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

Belgium (X tons), Turkey (X tons) and France (X tons) were the main suppliers of peroxosulphates imports to Germany, together accounting for 77% of total imports. The Netherlands, India, Austria, Poland, Japan, China and the United States lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +178.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of peroxosulphates to Germany, comprising 42% of total imports. The second position in the ranking was taken by Turkey ($X), with a 20% share of total imports. It was followed by France, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at +27.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-2.8% per year) and France (+15.3% per year).

Import Prices by Country

The average peroxosulphates import price stood at $X per ton in 2021, rising by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 15% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :