Germany: Bismuth Market 2024

Bismuth Market Size in Germany

In 2022, the German bismuth market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a perceptible decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Bismuth Exports

Exports from Germany

For the third consecutive year, Germany recorded growth in overseas shipments of bismuth, which increased by X% to X tons in 2022. In general, exports recorded a noticeable increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, bismuth exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a slight decrease. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Greece (X tons), Austria (X tons) and France (X tons) were the main destinations of bismuth exports from Germany, with a combined X% share of total exports. Poland, the UK, the Czech Republic, the Netherlands, Turkey, Switzerland, the United States, Italy, Norway and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bismuth exported from Germany were the United States ($X), Greece ($X) and Turkey ($X), together accounting for X% of total exports. France, Austria, Poland, the Czech Republic, the UK, Norway, Italy, the Netherlands, Switzerland and China lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bismuth export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

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 the United States ($X per ton), while the average price for exports to the Netherlands ($X 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 (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Bismuth Imports

Imports into Germany

In 2022, purchases abroad of bismuth increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports posted a mild expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, bismuth imports skyrocketed to $X in 2022. Overall, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of bismuth to Germany, accounting for a X% share of total imports. Moreover, bismuth imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), eightfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of bismuth to Germany, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average bismuth import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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