Germany - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Germany - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights

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Ethylene Glycol Price in Germany - 2023

Contents:

  1. Ethylene Glycol Price in Germany (CIF) - 2023
  2. Ethylene Glycol Price in Germany (FOB) - 2022
  3. Ethylene Glycol Imports in Germany
  4. Ethylene Glycol Exports in Germany

Ethylene Glycol Price in Germany (CIF) - 2023

In June 2023, the average ethylene glycol import price amounted to $670 per ton, waning by -4.6% against the previous month. In general, the import price recorded a perceptible descent. The growth pace was the most rapid in December 2022 an increase of 5.5% m-o-m. Over the period under review, average import prices reached the peak figure at $924 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($905 per ton), while the price for Belgium ($659 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.3%), while the prices for the other major suppliers experienced a decline.

Ethylene Glycol Price in Germany (FOB) - 2022

In 2022, the average ethylene glycol export price amounted to $976 per ton, rising by 9.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 53%. Over the period under review, the average export prices reached the maximum at $1,076 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($1,046 per ton) and France ($958 per ton), while the average price for exports to Poland ($778 per ton) and Italy ($814 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.2%), while the prices for the other major destinations experienced a decline.

Ethylene Glycol Imports in Germany

In 2022, the amount of ethylene glycol (ethanediol) imported into Germany shrank to 309K tons, waning by -9.1% on 2021 figures. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of 340K tons, and then reduced in the following year.

In value terms, ethylene glycol imports shrank slightly to $262M in 2022. In general, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 90%. As a result, imports attained the peak of $266M, and then dropped in the following year.

Import of Ethylene Glycol in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium17111522823511.2%
Netherlands3.63.115.415.663.0%
United States2.815.53.94.718.8%
Others4.36.118.66.615.4%
Total18214026626212.9%

Top Suppliers of Ethylene Glycol to Germany in 2022:

  1. Belgium (279.1K tons)
  2. Netherlands (17.5K tons)
  3. United States (5.7K tons)

Ethylene Glycol Exports in Germany

In 2022, approx. 116K tons of ethylene glycol (ethanediol) were exported from Germany; waning by -28% against the previous year. Over the period under review, total exports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 68% against the previous year. As a result, the exports reached the peak of 161K tons, and then declined sharply in the following year.

In value terms, ethylene glycol exports dropped dramatically to $113M in 2022. Overall, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 158%. As a result, the exports reached the peak of $143M, and then dropped rapidly in the following year.

Export of Ethylene Glycol in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium34.930.968.558.318.7%
Netherlands5.03.626.614.040.9%
France19.86.812.212.0-15.4%
Poland2.32.38.89.057.6%
Italy1.92.37.23.927.1%
Austria1.63.17.52.820.5%
Hungary0.60.90.22.151.8%
Luxembourg1.9N/A1.51.90.0%
Others7.45.711.09.17.1%
Total75.455.714311314.4%

Top Export Markets for Ethylene Glycol from Germany in 2022:

  1. Belgium (55.8K tons)
  2. Netherlands (16.5K tons)
  3. France (12.5K tons)
  4. Poland (11.6K tons)
  5. Italy (4.7K tons)
  6. Austria (3.2K tons)
  7. Hungary (2.6K tons)
  8. Luxembourg (2.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethylene glycol 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 20142310 - Ethylene glycol (ethanediol)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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