Price for Mineral Substances Not Elsewhere Specified or Included in Germany - 2023

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Germany (FOB) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Germany (CIF) - 2022
  3. Exports of Mineral Substances Not Elsewhere Specified or Included in Germany
  4. Imports of Mineral Substances Not Elsewhere Specified or Included in Germany

Price for Mineral Substances Not Elsewhere Specified or Included in Germany (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $318 per ton in 2022, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($465 per ton), while the average price for exports to Indonesia ($194 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 the UK (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Mineral Substances Not Elsewhere Specified or Included in Germany (CIF) - 2022

The average import price for mineral substances not elsewhere specified or includeds stood at $72 per ton in 2022, shrinking by -13.8% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the maximum at $83 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($243 per ton), while the price for Greece ($15 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mineral Substances Not Elsewhere Specified or Included in Germany

In 2022, after three years of growth, there was decline in overseas shipments of mineral substances not elsewhere specified or includeds, when their volume decreased by -0.3% to 787K tons. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of 789K tons, leveling off in the following year.

In value terms, exports of mineral substances not elsewhere specified or includeds rose significantly to $250M in 2022. The total export value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

Export of Mineral Substances Not Elsewhere Specified or Included in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland21.421.627.736.319.3%
France25.820.823.328.23.0%
Malaysia1.85.99.719.4120.9%
Belgium13.813.814.617.58.2%
Norway13.914.217.014.61.7%
Czech Republic6.86.79.312.522.5%
Austria6.18.411.210.319.1%
Colombia7.37.69.79.38.4%
Netherlands7.78.29.58.11.7%
Indonesia0.96.67.57.5102.7%
Switzerland5.87.45.66.74.9%
Finland3.83.94.24.34.2%
United Kingdom4.04.03.23.1-8.1%
Others54.953.470.372.69.8%
Total17418322325012.8%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Germany in 2022:

  1. France (116.4K tons)
  2. Poland (96.1K tons)
  3. Malaysia (87.0K tons)
  4. Norway (62.8K tons)
  5. Belgium (60.7K tons)
  6. Austria (50.0K tons)
  7. Netherlands (39.3K tons)
  8. Indonesia (38.9K tons)
  9. Czech Republic (31.3K tons)
  10. Switzerland (30.9K tons)
  11. Colombia (28.6K tons)
  12. Finland (16.0K tons)
  13. United Kingdom (6.6K tons)

Imports of Mineral Substances Not Elsewhere Specified or Included in Germany

In 2022, approx. 1.4M tons of mineral substances not elsewhere specified or includeds were imported into Germany; surging by 4.3% compared with the previous year. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mineral substances not elsewhere specified or includeds contracted to $98M in 2022. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. As a result, imports attained the peak of $108M, and then contracted in the following year.

Import of Mineral Substances Not Elsewhere Specified or Included in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.915.123.527.345.3%
Spain14.911.914.415.00.2%
China4.00.92.97.020.5%
Austria5.96.57.66.42.7%
Belgium14.920.56.76.2-25.3%
Norway3.94.34.84.97.9%
Turkey2.52.21.93.511.9%
Hungary1.00.92.33.044.2%
Greece4.13.42.60.9-39.7%
Others47.831.441.823.5-21.1%
Total10897.210897.6-3.3%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Germany in 2022:

  1. Spain (531.9K tons)
  2. Netherlands (217.0K tons)
  3. Norway (214.9K tons)
  4. Turkey (58.8K tons)
  5. Greece (55.9K tons)
  6. Belgium (48.4K tons)
  7. China (38.8K tons)
  8. Hungary (35.9K tons)
  9. Austria (26.5K tons)

Source: IndexBox Market Intelligence Platform

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