Germany: Polyacetals Market 2024

Polyacetals Market Size in Germany

In 2021, the German polyacetals market decreased by -13% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a perceptible contraction. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Polyacetals Production in Germany

In value terms, polyacetals production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 16% against the previous year. Polyacetals production peaked at $X in 2020, and then fell in the following year.

Polyacetals Exports

Exports from Germany

In 2021, overseas shipments of polyacetals in primary forms were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.3% from 2016 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, polyacetals exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.0% from 2016 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of polyacetals exports from Germany, with a combined 43% share of total exports.

From 2016 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +29.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyacetals exported from Germany were China ($X), the Czech Republic ($X) and Italy ($X), together comprising 34% of total exports. These countries were followed by France, the Netherlands, Austria, Turkey, the United States, the UK, Belgium, Romania, Poland and Spain, which together accounted for a further 41%.

Among the main countries of destination, the Netherlands, with a CAGR of +16.7%, recorded the highest rates of growth with regard to 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 polyacetals export price stood at $X per ton in 2021, picking up by 13% against the previous year. Over the period from 2016 to 2021, it increased at an average annual rate of +2.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Polyacetals Imports

Imports into Germany

After two years of decline, supplies from abroad of polyacetals in primary forms increased by 25% to X tons in 2021. The total import volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern 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, polyacetals imports surged to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period 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.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and South Korea (X tons) were the main suppliers of polyacetals imports to Germany, with a combined 74% share of total imports. Malaysia, Poland, Thailand, Taiwan (Chinese), Italy, Japan and the United States lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +113.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyacetals suppliers to Germany were Belgium ($X), the Netherlands ($X) and South Korea ($X), with a combined 75% share of total imports. These countries were followed by Malaysia, Poland, Thailand, Italy, Taiwan (Chinese), Japan and the United States, which together accounted for a further 18%.

Among the main suppliers, Malaysia, with a CAGR of +112.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average polyacetals import price amounted to $X per ton, picking up by 15% against the previous year. In general, the import price, however, showed a slight descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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