Price for Carbides, Whether or Not Chemically Defined in Germany - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Germany (CIF) - 2023
  2. Price for Carbides, Whether or Not Chemically Defined in Germany (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Germany
  4. Exports of Carbides, Whether or Not Chemically Defined in Germany

Price for Carbides, Whether or Not Chemically Defined in Germany (CIF) - 2023

The average import price for carbides, whether or not chemically defineds stood at $2,319 per ton in October 2023, with an increase of 8.8% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 20% m-o-m. The import price peaked at $2,656 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Norway ($4,033 per ton), while the price for Russia ($1,374 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Germany (FOB) - 2022

The average export price for carbides, whether or not chemically defineds stood at $2,307 per ton in 2022, surging by 37% against the previous year. Over the period under review, the export price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2018 an increase of 100% against the previous year. The export price peaked at $3,184 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($3,950 per ton), while the average price for exports to Luxembourg ($964 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbides, Whether or Not Chemically Defined in Germany

In 2022, the amount of carbides, whether or not chemically defineds imported into Germany totaled 145K tons, almost unchanged from 2021 figures. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of carbides, whether or not chemically defineds surged to $351M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Carbides, Whether or Not Chemically Defined in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria61.750.176.777.37.8%
Netherlands34.138.150.969.827.0%
China36.319.131.367.122.7%
Czech Republic15.810.114.419.98.0%
Belgium4.67.78.917.556.1%
Romania0.41.213.514.0227.1%
Russia9.510.713.312.39.0%
Norway9.02.74.97.8-4.7%
Slovakia2.43.32.97.445.5%
Sweden3.02.22.51.6-18.9%
South Africa10.10.10.10.1-78.5%
Others42.437.856.256.410.0%
Total22918327635115.3%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Germany in 2022:

  1. Netherlands (55.1K tons)
  2. China (27.2K tons)
  3. Austria (10.9K tons)
  4. Belgium (10.6K tons)
  5. Russia (7.5K tons)
  6. Romania (6.8K tons)
  7. Slovakia (4.1K tons)
  8. Czech Republic (3.3K tons)
  9. Norway (2.1K tons)
  10. Sweden (1.5K tons)

Exports of Carbides, Whether or Not Chemically Defined in Germany

In 2022, exports of carbides, whether or not chemically defineds from Germany soared to 73K tons, rising by 26% compared with 2021 figures. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of carbides, whether or not chemically defineds soared to $169M in 2022. In general, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbides, Whether or Not Chemically Defined in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France21.313.923.444.227.6%
Italy11.23.05.117.516.0%
Austria8.74.77.917.025.0%
Poland9.910.915.515.917.1%
Sweden8.73.65.211.710.4%
Luxembourg1.30.62.27.075.3%
Spain2.52.13.53.39.7%
Belgium2.00.30.62.913.2%
Others72.631.134.549.6-11.9%
Total13870.297.91697.0%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Germany in 2022:

  1. France (24.9K tons)
  2. Austria (9.8K tons)
  3. Sweden (8.0K tons)
  4. Luxembourg (7.2K tons)
  5. Poland (6.3K tons)
  6. Italy (4.4K tons)
  7. Belgium (1.7K tons)
  8. Spain (1.6K tons)

Source: IndexBox Market Intelligence Platform

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