Germany: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Germany

The German barium or aluminium sulphates market rose sharply to $X in 2022, growing by 6.5% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.3% against 2013 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Production of Sulphates Of Barium Or Aluminium in Germany

In value terms, barium or aluminium sulphates production amounted to $X in 2022 estimated in export price. Overall, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.9% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 17%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Germany

In 2022, approx. X tons of sulphates of barium or aluminium were exported from Germany; waning by -23% on the year before. In general, exports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 22%. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports totaled $X in 2022. The total export value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when exports increased by 24%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Switzerland (X tons), Belgium (X tons) and France (X tons) were the main destinations of barium or aluminium sulphates exports from Germany, together accounting for 47% of total exports. Austria, the Netherlands, Angola, Ukraine, Ghana, Peru, Cameroon and Italy lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +116.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for barium or aluminium sulphates exported from Germany were Ukraine ($X), Switzerland ($X) and Austria ($X), together comprising 41% of total exports. Belgium, France, Italy, Angola, the Netherlands, Peru, Ghana and Cameroon lagged somewhat behind, together comprising a further 40%.

In terms of the main countries of destination, Peru, with a CAGR of +140.3%, saw 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 2022, the average barium or aluminium sulphates export price amounted to $X per ton, picking up by 35% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barium or aluminium sulphates export price increased by +106.3% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($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 Peru (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports into Germany

In 2022, supplies from abroad of sulphates of barium or aluminium increased by 10% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates imports rose remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 18% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Hungary (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of barium or aluminium sulphates imports to Germany, together accounting for 69% of total imports. Belgium, China, Sweden, the Czech Republic and Slovenia lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +40.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of sulphates of barium or aluminium to Germany, comprising 42% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Hungary, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.9% per year) and Hungary (-6.0% per year).

Import Prices by Country

In 2022, the average barium or aluminium sulphates import price amounted to $X per ton, surging by 3.6% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barium or aluminium sulphates import price decreased by -4.5% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 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 ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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