Germany: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in Germany

The German market for unsaturated polyesters in primary forms surged to $X in 2021, increasing by 38% against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Unsaturated Polyesters In Primary Forms in Germany

In value terms, unsaturated polyesters in primary forms production skyrocketed to $X in 2021 estimated in export price. In general, production saw a slight slump. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Unsaturated Polyesters In Primary Forms

Exports from Germany

In 2021, shipments abroad of unsaturated polyesters in primary forms was finally on the rise to reach X tons after three years of decline. Overall, exports, however, showed a mild decline. The growth pace was the most rapid in 2017 with an increase of 12%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, unsaturated polyesters in primary forms exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a slight shrinkage. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons), Poland (X tons) and Slovenia (X tons) were the main destinations of unsaturated polyesters in primary forms exports from Germany, together comprising 31% of total exports. China, Italy, Spain, France, the Netherlands, the UK, Russia, Romania, Turkey and Sweden lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +16.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unsaturated polyesters in primary forms exported from Germany were Poland ($X), the Czech Republic ($X) and China ($X), together accounting for 27% of total exports. These countries were followed by Italy, Spain, France, the UK, Slovenia, the Netherlands, Russia, Sweden, Turkey and Romania, which together accounted for a further 37%.

Romania, with a CAGR of +10.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 export price for unsaturated polyesters in primary forms amounted to $X per ton, growing by 18% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Slovenia ($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 the Netherlands (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unsaturated Polyesters In Primary Forms

Imports into Germany

In 2021, supplies from abroad of unsaturated polyesters in primary forms increased by 12% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, unsaturated polyesters in primary forms imports soared to $X in 2021. The total import value increased at an average annual rate of +3.0% 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

France (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of unsaturated polyesters in primary forms imports to Germany, together comprising 61% of total imports. Poland, Slovenia, the Czech Republic, Belgium, Spain and Norway lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +8.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unsaturated polyesters in primary forms suppliers to Germany were Italy ($X), France ($X) and the Netherlands ($X), together accounting for 63% of total imports. These countries were followed by Poland, Slovenia, Belgium, the Czech Republic, Spain and Norway, which together accounted for a further 24%.

Among the main suppliers, the Czech Republic, with a CAGR of +13.1%, recorded 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 import price for unsaturated polyesters in primary forms stood at $X per ton in 2021, jumping by 36% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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