Germany: Prepared Binders Market 2024

Prepared Binders Market Size in Germany

In 2022, the German prepared binders market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Prepared binders consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Prepared Binders Production in Germany

In value terms, prepared binders production rose rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Prepared Binders Exports

Exports from Germany

In 2022, the amount of prepared binders for foundry moulds or cores exported from Germany dropped to X tons, waning by X% on the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared binders exports expanded slightly to $X in 2022. Over the period under review, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

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

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

In value terms, the largest markets for prepared binders exported from Germany were the Czech Republic ($X), Poland ($X) and France ($X), with a combined X% share of total exports. Sweden, Italy, Austria, the Netherlands, Hungary, Belgium, Slovakia, Switzerland, Russia and Finland lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 prepared binders export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared binders export price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Finland ($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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Binders Imports

Imports into Germany

In 2022, purchases abroad of prepared binders for foundry moulds or cores was finally on the rise to reach X tons after four years of decline. Over the period under review, imports, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, prepared binders imports amounted to $X in 2022. Overall, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Austria (X tons), Italy (X tons) and the Czech Republic (X tons) were the main suppliers of prepared binders imports to Germany, with a combined X% share of total imports. France, Spain, China, the UK, Finland, the Netherlands, the United States and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared binders suppliers to Germany were Austria ($X), Italy ($X) and the Czech Republic ($X), with a combined X% share of total imports. The UK, France, China, the Netherlands, Spain, Finland, the United States and Poland lagged somewhat behind, together comprising a further X%.

Finland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average prepared binders import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 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 ($X per ton), while the price for Spain ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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