Germany: Silicates Market 2024

Silicates Market Size in Germany

In 2021, the German silicates market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption recorded a relatively flat trend pattern. Silicates consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Silicates Production in Germany

In value terms, silicates production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Silicates Exports

Exports from Germany

In 2021, the amount of silicates, commercial alkali metal silicates exported from Germany surged to X tons, increasing by 41% on 2020 figures. Overall, total exports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +52.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates exports skyrocketed to $X in 2021. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for silicates exports from Germany, with a 39% share of total exports. Moreover, silicates exports to Belgium exceeded the volume sent to the second major destination, Finland (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium stood at +23.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+13.6% per year) and the Netherlands (-5.0% per year).

In value terms, the largest markets for silicates exported from Germany were Belgium ($X), the Netherlands ($X) and Sweden ($X), with a combined 35% share of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +16.6%, recorded the highest growth rate of 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

In 2021, the average silicates export price amounted to $X per ton, declining by -10.2% against the previous year. In general, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 22% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($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 Switzerland (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Silicates Imports

Imports into Germany

In 2021, after two years of decline, there was significant growth in overseas purchases of silicates, commercial alkali metal silicates, when their volume increased by 18% to X tons. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, silicates imports surged to $X in 2021. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2021; 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.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Switzerland (X tons) were the main suppliers of silicates imports to Germany, together comprising 64% of total imports. Belgium, the Czech Republic, Japan and Italy lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +19.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of silicates, commercial alkali metal silicates to Germany, comprising 28% of total imports. The second position in the ranking was taken by Poland ($X), with a 14% share of total imports. It was followed by Switzerland, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.4% per year) and Switzerland (+0.7% per year).

Import Prices by Country

In 2021, the average silicates import price amounted to $X per ton, with an increase of 8.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 10% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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