Germany: Explosives Market 2024

Explosives Market Size in Germany

In 2021, after four years of growth, there was significant decline in the German explosives market, when its value decreased by -14.3% to $X. In general, consumption, however, continues to indicate a noticeable expansion. Explosives consumption peaked at $X in 2020, and then declined in the following year.

Explosives Production in Germany

In value terms, explosives production amounted to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. Over the period under review, production attained the peak level in 2021 and is likely to see steady growth in years to come.

Explosives Exports

Exports from Germany

In 2019, the amount of prepared explosives exported from Germany reduced modestly to X tons, dropping by -3.7% compared with the previous year's figure. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by 4% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

In value terms, explosives exports fell significantly to $X in 2019. In general, exports showed a slight decline. The pace of growth was the most pronounced in 2018 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Norway (X tons) was the main destination for explosives exports from Germany, accounting for a 49% share of total exports. Moreover, explosives exports to Norway exceeded the volume sent to the second major destination, the United States (X tons), fivefold. Austria (X tons) ranked third in terms of total exports with a 9.3% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Norway amounted to -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.8% per year) and Austria (-6.1% per year).

In value terms, the United States ($X), Norway ($X) and Sweden ($X) appeared to be the largest markets for explosives exported from Germany worldwide, together comprising 70% of total exports. France, Finland, Austria, the Czech Republic, Spain and Romania lagged somewhat behind, together comprising a further 13%.

Finland, with a CAGR of +10.3%, recorded 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 2019, the average explosives export price amounted to $X per ton, falling by -13.1% against the previous year. In general, export price indicated temperate growth from 2012 to 2019: its price increased at an average annual rate of +4.7% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, explosives export price increased by +30.0% against 2016 indices. The pace of growth appeared the most rapid in 2018 an increase of 32%. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($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 Czech Republic (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Explosives Imports

Imports into Germany

In 2021, the amount of prepared explosives imported into Germany rose markedly to X tons, with an increase of 6.4% compared with the previous year. The total import volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 21% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, explosives imports soared to $X in 2021. The total import value increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Poland (X tons), Austria (X tons) and Spain (X tons) were the main suppliers of explosives imports to Germany, with a combined 90% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +21.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Spain ($X) and Austria ($X) constituted the largest explosives suppliers to Germany, together accounting for 58% of total imports. These countries were followed by Estonia, Romania and Italy, which together accounted for a further 5.3%.

Among the main suppliers, Romania, with a CAGR of +20.9%, 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

The average explosives import price stood at $X per ton in 2021, rising by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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