Germany: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in Germany

In 2022, the German saturated acyclic hydrocarbons market decreased by -20.9% to $X, falling for the fourth year in a row after two years of growth. In general, consumption recorded a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Saturated Acyclic Hydrocarbons Production in Germany

In value terms, saturated acyclic hydrocarbons production surged to $X in 2022 estimated in export price. Overall, production, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by 194%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports from Germany

In 2022, shipments abroad of saturated acyclic hydrocarbons increased by 41% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +115.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, saturated acyclic hydrocarbons exports skyrocketed to $X in 2022. In general, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2018 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Hungary (X tons), France (X tons) and Austria (X tons) were the main destinations of saturated acyclic hydrocarbons exports from Germany, with a combined 47% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +49.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Hungary ($X) appeared to be the largest markets for saturated acyclic hydrocarbons exported from Germany worldwide, with a combined 36% share of total exports.

Among the main countries of destination, Hungary, with a CAGR of +30.5%, 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 saturated acyclic hydrocarbons export price stood at $X per ton in 2022, reducing by -6.6% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2018 an increase of 30% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Saturated Acyclic Hydrocarbons Imports

Imports into Germany

In 2022, purchases abroad of saturated acyclic hydrocarbons was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2019 when imports increased by 17%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, saturated acyclic hydrocarbons imports surged to $X in 2022. In general, imports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Norway (X tons) constituted the largest supplier of saturated acyclic hydrocarbons to Germany, accounting for a 69% share of total imports. Moreover, saturated acyclic hydrocarbons imports from Norway exceeded the figures recorded by the second-largest supplier, Belgium (X tons), eightfold. The Netherlands (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Norway amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-10.5% per year) and the Netherlands (-9.2% per year).

In value terms, Norway ($X) constituted the largest supplier of saturated acyclic hydrocarbons to Germany, comprising 53% of total imports. The second position in the ranking was held by Belgium ($X), with a 9.3% share of total imports. It was followed by the Netherlands, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-8.2% per year) and the Netherlands (-9.4% per year).

Import Prices by Country

In 2022, the average saturated acyclic hydrocarbons import price amounted to $X per ton, increasing by 14% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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