Germany: Fuse And Detonator Market 2024

Fuse And Detonator Market Size in Germany

After three years of growth, the German fuse and detonator market decreased by -6.1% to $X in 2021. Over the period under review, consumption, however, enjoyed a buoyant increase. Over the period under review, the market hit record highs at $X in 2020, and then fell in the following year.

Fuse And Detonator Production in Germany

In value terms, fuse and detonator production dropped to $X in 2021 estimated in export price. In general, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 568%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Fuse And Detonator Exports

Exports from Germany

In 2021, overseas shipments of safety fuses, detonating fuses and electric detonators increased by 16% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 47%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, fuse and detonator exports skyrocketed to $X in 2021. In general, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of 52% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Switzerland (X tons) and Sweden (X tons) were the main destinations of fuse and detonator exports from Germany, with a combined 53% share of total exports. Hungary, the Czech Republic, Spain, Finland, the UK, Austria, Norway, Poland, the Netherlands and Australia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +36.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for safety fuses, detonating fuses and electric detonators exports from Germany, comprising 51% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 15% share of total exports. It was followed by Sweden, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +30.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+7.0% per year) and Sweden (+4.9% per year).

Export Prices by Country

The average fuse and detonator export price stood at $X per ton in 2021, growing by 2.6% against the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 87%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($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 Spain (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fuse And Detonator Imports

Imports into Germany

In 2021, approx. X tons of safety fuses, detonating fuses and electric detonators were imported into Germany; flattening at 2020 figures. Overall, imports continue to indicate a deep setback. The growth pace was the most rapid in 2013 when imports increased by 9.9% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, fuse and detonator imports skyrocketed to $X in 2021. In general, imports recorded a abrupt setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest fuse and detonator supplier to Germany, accounting for a 52% share of total imports. Moreover, fuse and detonator imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.9% per year) and Poland (-8.3% per year).

In value terms, the Czech Republic ($X), Spain ($X) and the United States ($X) constituted the largest fuse and detonator suppliers to Germany, together accounting for 69% of total imports. These countries were followed by France, Sweden, Poland, Austria and Italy, which together accounted for a further 22%.

In terms of the main suppliers, Sweden, with a CAGR of +12.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average fuse and detonator import price amounted to $X per ton, surging by 25% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 50% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a 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 France ($X per ton), while the price for Poland ($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 (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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