
Germany - Acrylic Polymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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Germany: Acrylic Polymer Market Overview 2021
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Acrylic Polymer Market Size in Germany
In 2019, after two years of growth, there was significant decline in the German acrylic polymer market, when its value decreased by -X% to $X. Over the period under review, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. Acrylic polymer consumption peaked at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.
Acrylic Polymer Production in Germany
In value terms, acrylic polymer production shrank modestly to $X in 2019 estimated in export prices. In general, production, however, continues to indicate a mild descent. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. Acrylic polymer production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
Acrylic Polymer Exports
Exports from Germany
In 2019, the amount of acrylic polymers (in primary forms) exported from Germany amounted to X tonnes, surging by X% against the previous year's figure. The total export volume increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked in 2019 and are expected to retain growth in years to come.
In value terms, acrylic polymer exports shrank slightly to $X in 2019. In general, exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.
Exports by Country
Viet Nam (X tonnes) was the main destination for acrylic polymer exports from Germany, accounting for a approx. X% share of total exports.
From 2007 to 2019, the average annual growth rate of volume to Viet Nam amounted to +X%.
From 2007 to 2019, the average annual rate of growth in terms of value to Viet Nam amounted to +X%.
Export Prices by Country
In 2019, the average acrylic polymer export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices failed to regain the momentum.
As there is only one major export destination, the average price level is determined by prices for Viet Nam.
From 2007 to 2019, the rate of growth in terms of prices for Viet Nam amounted to -X% per year.
Acrylic Polymer Imports
Imports into Germany
In 2019, overseas purchases of acrylic polymers (in primary forms) decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. Overall, total imports indicated a temperate increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.
In value terms, acrylic polymer imports dropped to $X in 2019. In general, total imports indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.
Imports by Country
France (X tonnes), South Korea (X tonnes) and Belgium (X tonnes) were the main suppliers of acrylic polymer imports to Germany, together comprising X% of total imports.
From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea, while imports for the other leaders experienced more modest paces of growth.
In value terms, France ($X), Belgium ($X) and South Korea ($X) constituted the largest acrylic polymer suppliers to Germany, with a combined X% share of total imports.
In terms of the main suppliers, South Korea saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average acrylic polymer import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, the import price recorded a slight setback. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for South Korea ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for acrylic polymers (in primary forms) in the world?+
The countries with the highest volumes of acrylic polymer consumption in 2019 were China (3.7M tonnes), the U.S. (1.9M tonnes) and India (1.4M tonnes), together accounting for 48% of global consumption. These countries were followed by Japan, Indonesia, Germany, France, South Korea, Italy, Poland, Canada, Thailand and Turkey, which together accounted for a further 28%.
What are the largest producers of acrylic polymers (in primary forms) in the world?+
The countries with the highest volumes of acrylic polymer production in 2019 were China (3.3M tonnes), the U.S. (2.2M tonnes) and Japan (1.2M tonnes), together comprising 44% of global production. Germany, South Korea, India, France, Indonesia, Belgium, the Netherlands, Italy, Turkey and Malaysia lagged somewhat behind, together comprising a further 45%.
What are the leading suppliers of acrylic polymers (in primary forms) to Germany?+
In value terms, the largest acrylic polymer suppliers to Germany were France ($237M), Belgium ($129M) and South Korea ($123M), together accounting for 46% of total imports.
What is the average export price for acrylic polymers (in primary forms) in Germany?+
The average acrylic polymer export price stood at $2,002 per tonne in 2019, which is down by -12.5% against the previous year.
What is the average import price for acrylic polymers (in primary forms) in Germany?+
In 2019, the average acrylic polymer import price amounted to $2,175 per tonne, waning by -7.2% against the previous year.
This report provides an in-depth analysis of the acrylic polymer 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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