Germany - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nitric and Sulphonitric Acids in Germany - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in Germany (FOB) - 2023
- Price for Nitric and Sulphonitric Acids in Germany (CIF) - 2023
- Exports of Nitric and Sulphonitric Acids in Germany
- Imports of Nitric and Sulphonitric Acids in Germany
Price for Nitric and Sulphonitric Acids in Germany (FOB) - 2023
The average nitric and sulphonitric acids export price stood at $245 per ton in August 2023, with an increase of 5.4% against the previous month. Overall, the export price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in December 2022 when the average export price increased by 22% against the previous month. Over the period under review, the average export prices reached the peak figure at $548 per ton in January 2023; however, from February 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the Netherlands ($383 per ton), while the average price for exports to Belgium ($178 per ton) was 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 (-1.1%), while the prices for the other major destinations experienced a decline.
Price for Nitric and Sulphonitric Acids in Germany (CIF) - 2023
The average nitric and sulphonitric acids import price stood at $259 per ton in August 2023, growing by 18% against the previous month. In general, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in May 2023 an increase of 41% m-o-m. As a result, import price reached the peak level of $387 per ton. From June 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($984 per ton), while the price for Belgium ($166 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 the Czech Republic (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Nitric and Sulphonitric Acids in Germany
In 2022, the amount of nitric acid and sulphonitric acids exported from Germany shrank remarkably to 182K tons, declining by -20.7% on the previous year's figure. In general, exports recorded a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of 230K tons, and then dropped sharply in the following year.
In value terms, nitric and sulphonitric acids exports fell notably to $40M in 2022. Over the period under review, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.2% 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 +37.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 75% against the previous year. As a result, the exports reached the peak of $51M, and then dropped markedly in the following year.
| Export of Nitric and Sulphonitric Acids in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Belgium | 15.3 | 12.4 | 20.8 | 16.6% | |
| France | 7.1 | 1.9 | 11.9 | 29.5% | |
| Switzerland | 2.8 | 2.8 | 3.8 | 16.5% | |
| Italy | 0.7 | 0.7 | 2.4 | 85.2% | |
| Netherlands | 1.0 | 1.3 | 1.8 | 34.2% | |
| Denmark | 1.4 | 1.4 | 1.8 | 13.4% | |
| Czech Republic | 1.1 | 1.1 | 0.3 | -47.8% | |
| Others | 8.3 | 7.5 | 8.2 | -0.6% | |
| Total | 37.7 | 29.2 | 51.1 | 16.4% | |
Top Export Markets for Nitric and Sulphonitric Acids from Germany in 2022:
- Belgium (124.8K tons)
- France (54.5K tons)
- Netherlands (12.8K tons)
- Switzerland (11.9K tons)
- Denmark (8.2K tons)
- Italy (7.7K tons)
- Czech Republic (1.1K tons)
Imports of Nitric and Sulphonitric Acids in Germany
After three years of growth, purchases abroad of nitric acid and sulphonitric acids decreased by -20% to 196K tons in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% 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 +33.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of 244K tons, and then dropped significantly in the following year.
In value terms, nitric and sulphonitric acids imports declined notably to $36M in 2022. In general, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 111% against the previous year. As a result, imports reached the peak of $49M, and then contracted notably in the following year.
| Import of Nitric and Sulphonitric Acids in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Belgium | 11.8 | 9.9 | 33.8 | 69.2% | |
| France | 4.1 | 4.0 | 3.9 | -2.5% | |
| Austria | 3.2 | 2.9 | 3.8 | 9.0% | |
| Czech Republic | 1.8 | 2.2 | 3.3 | 35.4% | |
| Netherlands | 1.5 | 2.0 | 1.4 | -3.4% | |
| Poland | 1.4 | 1.0 | 0.9 | -19.8% | |
| Denmark | N/A | 0.1 | 0.6 | 500.0% | |
| Others | 1.3 | 1.0 | 1.1 | -8.0% | |
| Total | 25.1 | 23.1 | 48.8 | 39.4% | |
Top Suppliers of Nitric and Sulphonitric Acids to Germany in 2022:
- Belgium (175.3K tons)
- Czech Republic (24.2K tons)
- Austria (19.9K tons)
- Netherlands (9.6K tons)
- France (4.7K tons)
- Denmark (4.6K tons)
- Poland (2.1K tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids 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 20151050 - Nitric acid, sulphonitric acids
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
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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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This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Germany.
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This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
366
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Germany.
768
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
889
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1416
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
889
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1416
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
