Germany: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Germany

The German trichloroethylene and tetrachloroethylene market dropped sharply to $X in 2021, waning by -40.3% against the previous year. In general, consumption faced a significant contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Trichloroethylene And Tetrachloroethylene Production in Germany

In value terms, trichloroethylene and tetrachloroethylene production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed a deep slump. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Germany

In 2021, trichloroethylene and tetrachloroethylene exports from Germany rose markedly to X tons, picking up by 13% on 2020 figures. Overall, total exports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.0% 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 +72.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 53% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, trichloroethylene and tetrachloroethylene exports soared to $X in 2021. Over the period under review, exports, however, recorded a abrupt slump. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for trichloroethylene and tetrachloroethylene exports from Germany, with a 71% share of total exports. Moreover, trichloroethylene and tetrachloroethylene exports to China exceeded the volume sent to the second major destination, the United States (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +13.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.6% per year) and Italy (-10.1% per year).

In value terms, China ($X) remains the key foreign market for trichloroethylene and tetrachloroethylene (perchloroethylene) exports from Germany, comprising 48% of total exports. The second position in the ranking was held by the United States ($X), with a 15% share of total exports. It was followed by Italy, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-6.5% per year) and Italy (-11.4% per year).

Export Prices by Country

The average trichloroethylene and tetrachloroethylene export price stood at $X per ton in 2021, with an increase of 19% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 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 France ($X per ton), while the average price for exports to China ($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 France (+8.0%), while the prices for the other major destinations experienced a decline.

Trichloroethylene And Tetrachloroethylene Imports

Imports into Germany

In 2021, overseas purchases of trichloroethylene and tetrachloroethylene (perchloroethylene) decreased by -3.9% to X tons, falling for the fourth consecutive year after three years of growth. In general, imports, however, posted slight growth. The most prominent rate of growth was recorded in 2017 when imports increased by 175%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene imports expanded slightly to $X in 2021. Overall, imports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 313% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), the United States (X tons) and France (X tons) were the main suppliers of trichloroethylene and tetrachloroethylene imports to Germany, with a combined 80% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +86.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and France ($X) constituted the largest trichloroethylene and tetrachloroethylene suppliers to Germany, together comprising 78% of total imports.

Among the main suppliers, the United States, with a CAGR of +49.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average trichloroethylene and tetrachloroethylene import price stood at $X per ton in 2021, increasing by 5.9% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, trichloroethylene and tetrachloroethylene import price increased by +132.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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