Germany - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Germany's Polyamide Exports to Set New Record This Year
IndexBox has just published a new report: 'Germany - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
German polyamide exports may reach a new record in 2021, rebounding after two years of decline. In the first half of this year, Germany exported 424K tonnes of polyamides worth $1.55B against 348K or $1.12B in the same period in 2020. Germany remains the world’s largest polyamide supplier, accounting for 19% of global exports. Italy, Belgium and France are the key importers of polyamides from Germany. Turkey recorded the highest spike in imports from Germany. In 2020, the average polyamide export price amounted to $3,205 per tonne, down by -7.7% y-o-y.
Germany's Polyamide Exports by Country
In the first half of 2021, Germany exported 424K tonnes of polyamides worth $1.55B, which was 22% more in physical terms and 38% more in value terms than the figures of the same period of 2020. Germany leads in global polyamide exports, supplying 19% of the total volume.
In 2020, approx. 713K tonnes of polyamides in primary forms were exported from Germany; declining by -9.3% on the year before. In value terms, polyamide exports contracted dramatically to $2.3B (IndexBox estimates) in 2020. German exports peaked in 2018, reaching $2.98B.
Italy (100K tonnes), Belgium (72K tonnes) and France (45K tonnes) were the main destinations of polyamide exports from Germany, with a combined 30% share of total exports. Poland, Turkey, the Czech Republic, Austria, the U.S., China, Spain, South Korea, Hungary and the UK lagged somewhat behind, together accounting for a further 42%.
In value terms, the largest markets for polyamide exported from Germany were Italy ($243M), Belgium ($224M) and Poland ($148M), with a combined 27% share of total exports. France, the Czech Republic, China, the U.S., Austria, Turkey, Spain, Hungary, the UK and South Korea lagged somewhat behind, together accounting for a further 44%.
Among the main countries of destination, Turkey recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
In 2020, the average polyamide export price amounted to $3,205 per tonne, with a decrease of -7.7% against the previous year. Prices varied noticeably by the country of destination; the country with the highest price was China, while the average price for exports to South Korea was amongst the lowest.
Source: IndexBox Platform
This report provides an in-depth analysis of the polyamide 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 2025.
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