Germany - Toluene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGermany: Toluene Market 2024
Toluene Market Size in Germany
The German toluene market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, continues to indicate a perceptible curtailment. Toluene consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Toluene Production in Germany
In value terms, toluene production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt decline. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.
Toluene Exports
Exports from Germany
In 2021, the amount of toluene exported from Germany shrank notably to X tons, declining by -21% against the previous year's figure. In general, exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2016 when exports increased by 24% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
In value terms, toluene exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a drastic downturn. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
The Netherlands (X tons), Belgium (X tons) and Hungary (X tons) were the main destinations of toluene exports from Germany, with a combined 68% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +64.7%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, the Netherlands ($X), Belgium ($X) and Hungary ($X) appeared to be the largest markets for toluene exported from Germany worldwide, with a combined 67% share of total exports.
Among the main countries of destination, Hungary, with a CAGR of +56.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
The average toluene export price stood at $X per ton in 2021, jumping by 64% against the previous year. In general, the export price, however, saw a deep slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were the Czech Republic ($X per ton) and Switzerland ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Belgium ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-4.9%), while the prices for the other major destinations experienced a decline.
Toluene Imports
Imports into Germany
In 2021, purchases abroad of toluene decreased by -2.5% to X tons, falling for the third consecutive year after three years of growth. In general, imports, however, continue to indicate slight growth. The pace of growth appeared the most rapid in 2017 when imports increased by 81% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
In value terms, toluene imports soared to $X in 2021. Overall, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 98%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Belgium (X tons) constituted the largest supplier of toluene to Germany, accounting for a 66% share of total imports. Moreover, toluene imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Slovakia (X tons) ranked third in terms of total imports with a 4.7% share.
From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-1.4% per year) and Slovakia (+8.0% per year).
In value terms, Belgium ($X) constituted the largest supplier of toluene to Germany, comprising 64% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total imports. It was followed by Hungary, with a 5.3% share.
From 2012 to 2021, the average annual growth rate of value from Belgium totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-6.6% per year) and Hungary (+106.0% per year).
Import Prices by Country
The average toluene import price stood at $X per ton in 2021, surging by 61% against the previous year. Overall, the import price, however, saw a deep contraction. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+63.5%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the toluene market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141225 - Toluene
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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