Germany - Cumene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCumene Price in Germany - 2023
Contents:
- Cumene Price in Germany (CIF) - 2023
- Cumene Price in Germany (FOB) - 2023
- Cumene Imports in Germany
- Cumene Exports in Germany
Cumene Price in Germany (CIF) - 2023
The average cumene import price stood at $1,433 per ton in August 2023, waning by -2.5% against the previous month. Overall, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in May 2023 an increase of 41% against the previous month. Over the period under review, average import prices reached the peak figure at $2,030 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was France ($1,419 per ton), while the price for Belgium ($1,170 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+0.3%), while the prices for the other major suppliers experienced a decline.
Cumene Price in Germany (FOB) - 2023
In August 2023, the average cumene export price amounted to $1,053 per ton, picking up by 6.6% against the previous month. Over the period under review, export price indicated a slight increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, cumene export price increased by +10.4% against May 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 39% against the previous month. The export price peaked at $1,427 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In August 2023, the highest price was recorded for prices to the Czech Republic ($1,397 per ton) and France ($1,294 per ton), while the average price for exports to Belgium ($1,007 per ton) and the Netherlands ($1,183 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Cumene Imports in Germany
Cumene imports into Germany declined remarkably to 7.1K tons in 2022, dropping by -61.4% on the previous year. In general, imports recorded a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.
In value terms, cumene imports shrank sharply to $9.6M in 2022. Over the period under review, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 85%.
| Import of Cumene in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 37.0 | 7.7 | 6.4 | 5.2 | -48.0% |
| Belgium | N/A | N/A | 13.6 | 2.3 | -83.1% |
| Spain | N/A | N/A | N/A | 1.3 | 0% |
| France | 0.3 | 0.3 | 0.7 | 0.8 | 38.7% |
| Japan | 13.7 | N/A | N/A | N/A | 0% |
| United States | 36.4 | N/A | N/A | N/A | 0% |
| Estonia | N/A | 3.2 | N/A | N/A | 0% |
| Others | 1.6 | N/A | N/A | N/A | 0% |
| Total | 89.0 | 11.3 | 20.8 | 9.6 | -52.4% |
Top Suppliers of Cumene to Germany in 2022:
- United States (undefinedK tons)
- Netherlands (3.9K tons)
- Belgium (2.0K tons)
- Spain (0.7K tons)
- France (0.4K tons)
Cumene Exports in Germany
In 2022, the amount of cumene exported from Germany skyrocketed to 34K tons, jumping by 145% compared with the previous year's figure. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,146%. As a result, the exports reached the peak of 59K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cumene exports soared to $35M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,054% against the previous year. As a result, the exports attained the peak of $58M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cumene in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.6 | 53.7 | 10.8 | 30.5 | 270.4% |
| France | 2.1 | 2.4 | 2.8 | 2.0 | -1.6% |
| Czech Republic | 0.9 | 0.5 | 0.7 | 1.5 | 18.6% |
| Italy | 0.8 | 1.2 | 0.4 | 0.3 | -27.9% |
| Others | 0.6 | N/A | N/A | 0.2 | -30.7% |
| Total | 5.0 | 57.8 | 14.8 | 34.5 | 90.4% |
Top Export Markets for Cumene from Germany in 2022:
- Belgium (31.4K tons)
- France (1.1K tons)
- Czech Republic (0.9K tons)
- Italy (0.1K tons)
This report provides an in-depth analysis of the cumene 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 20141270 - Cumene
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
-
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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