Germany: Iron Oxide Pigments Market Overview 2020

Iron Oxide Pigments Market Size in Germany

The revenue of the iron oxide pigments market in Germany amounted to $X in 2018, increasing by X% against the previous year. Overall, iron oxide pigments consumption continues to indicate a mild expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Iron oxide pigments consumption peaked in 2018 and is expected to retain its growth in the near future.

Iron Oxide Pigments Production in Germany

In value terms, iron oxide pigments production totaled $X in 2018 estimated in export prices. In general, iron oxide pigments production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Iron oxide pigments production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Iron Oxide Pigments Exports

Exports from Germany

In 2018, approx. X tonnes of iron oxides and hydroxides were exported from Germany; waning by -X% against the previous year. Over the period under review, iron oxide pigments exports continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. In that year, iron oxide pigments exports reached their peak of X tonnes. From 2015 to 2018, the growth of iron oxide pigments exports remained at a somewhat lower figure.

In value terms, iron oxide pigments exports stood at $X in 2018. In general, iron oxide pigments exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. In that year, iron oxide pigments exports reached their peak of $X. From 2009 to 2018, the growth of iron oxide pigments exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for iron oxide pigments exports from Germany, accounting for a X% share of total exports. Moreover, iron oxide pigments exports to the U.S. exceeded the volume sent to the second major destination, the UK (X tonnes), threefold. China (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and China (+X% per year).

In value terms, the largest markets for iron oxide pigments exported from Germany were the U.S. ($X), China ($X) and the UK ($X), with a combined X% share of total exports.

Among the main countries of destination, China recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average iron oxide pigments export price amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. In that year, the average export prices for iron oxides and hydroxides attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for iron oxides and hydroxides remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Iron Oxide Pigments Imports

Imports into Germany

Iron oxide pigments imports into Germany amounted to X tonnes in 2018, going down by -X% against the previous year. Overall, iron oxide pigments imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, iron oxide pigments imports reached their peak figure at X tonnes in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, iron oxide pigments imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, iron oxide pigments imports attained their peak of $X. From 2012 to 2018, the growth of iron oxide pigments imports remained at a somewhat lower figure.

Imports by Country

China (X tonnes), Brazil (X tonnes) and Italy (X tonnes) were the main suppliers of iron oxide pigments imports to Germany, together accounting for X% of total imports. Belgium, Austria, Norway and France lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Austria, while the other leaders experienced more modest paces of growth.

In value terms, the largest iron oxide pigments suppliers to Germany were China ($X), Brazil ($X) and Italy ($X), together comprising X% of total imports. Belgium, Norway, France and Austria lagged somewhat behind, together comprising a further X terms of the main suppliers, Austria experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average iron oxide pigments import price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. In that year, the average import prices for iron oxides and hydroxides attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for iron oxides and hydroxides remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform