Germany: Carbides Market 2024

Carbides Market Size in Germany

In 2022, the German carbides market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Carbides Production in Germany

In value terms, carbides production declined slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Carbides Exports

Exports from Germany

In 2022, shipments abroad of carbides increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports showed buoyant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, carbides exports soared to $X in 2022. Over the period under review, exports saw a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for carbides exports from Germany, with a X% share of total exports. Moreover, carbides exports to France exceeded the volume sent to the second major destination, Austria (X tons), threefold. The third position in this ranking was held by Sweden (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Sweden (X% per year).

In value terms, France ($X) remains the key foreign market for carbides exports from Germany, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average carbides export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, saw a pronounced slump. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 the United States ($X per ton), while the average price for exports to Sweden ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carbides Imports

Imports into Germany

In 2022, supplies from abroad of carbides increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, carbides imports surged to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest carbides supplier to Germany, with a X% share of total imports. Moreover, carbides imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Austria (X tons), with a X% share.

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

In value terms, the largest carbides suppliers to Germany were Austria ($X), the Netherlands ($X) and China ($X), together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, 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 carbides import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Sweden ($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 Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform