Germany: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Germany

The German platinum catalysts market totaled $X in 2022, increasing by 6.1% against the previous year. In general, consumption saw a significant increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Platinum Catalysts Production in Germany

In value terms, platinum catalysts production rose rapidly to $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 -6.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Platinum Catalysts Exports

Exports from Germany

In 2022, exports of platinum catalysts from Germany shrank modestly to X tons, declining by -4.1% against 2021. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 15%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, platinum catalysts exports declined remarkably to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 64%. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

France (X tons), Poland (X kg) and the Netherlands (X kg) were the main destinations of platinum catalysts exports from Germany, together accounting for 47% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +99.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for platinum catalysts exported from Germany were France ($X), Poland ($X) and the Netherlands ($X), with a combined 49% share of total exports. The Czech Republic, Spain, Belgium, Slovakia, Pakistan, Italy, South Africa, Bulgaria, Japan and Mexico lagged somewhat behind, together accounting for a further 39%.

Slovakia, with a CAGR of +201.7%, recorded the highest rates of growth with regard to 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 platinum catalysts export price stood at $X per kg in 2022, which is down by -18.4% against the previous year. In general, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 61% against the previous year. The export price peaked at $X per kg in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per kg), while the average price for exports to Mexico ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+61.5%), while the prices for the other major destinations experienced more modest paces of growth.

Platinum Catalysts Imports

Imports into Germany

In 2022, approx. X tons of platinum catalysts were imported into Germany; with a decrease of -11.5% compared with the previous year. Overall, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of 128% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, platinum catalysts imports contracted sharply to $X in 2022. In general, imports saw a pronounced decrease. The pace of growth was the most pronounced in 2018 when imports increased by 163% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X kg), the UK (X kg) and Russia (X kg) were the main suppliers of platinum catalysts imports to Germany, together accounting for 90% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +95.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of platinum catalysts to Germany, comprising 80% of total imports. The second position in the ranking was taken by Russia ($X), with a 10% share of total imports. It was followed by the UK, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-16.2% per year) and the UK (+89.8% per year).

Import Prices by Country

In 2022, the average platinum catalysts import price amounted to $X per kg, dropping by -11.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 49%. As a result, import price reached the peak level of $X per kg. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18,285.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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