Germany: Silicone Market Overview 2021

Silicone Market Size in Germany

The German silicone market soared to $X in 2020, rising by X% against the previous year. In general, the total consumption indicated a moderate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Silicone Production in Germany

In value terms, silicone production reached $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Silicone Exports

Exports from Germany

In 2020, overseas shipments of silicones (in primary forms) decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Overall, exports showed a noticeable decline. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, silicone exports shrank significantly to $X in 2020. Over the period under review, exports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

China (X tonnes), the U.S. (X tonnes) and Italy (X tonnes) were the main destinations of silicone exports from Germany, together accounting for X% of total exports. These countries were followed by Belgium, India, the Netherlands, Spain, the UK, the Czech Republic and Poland, which together accounted for a further X 2007 to 2020, the biggest increases were in the Czech Republic, while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the U.S. ($X) and Italy ($X) appeared to be the largest markets for silicone exported from Germany worldwide, with a combined X% share of total exports. The Netherlands, the UK, Belgium, India, Poland, Spain and the Czech Republic lagged somewhat behind, together comprising a further X terms of the main countries of destination, India recorded 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 2020, the average silicone export price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2019 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Poland ($X per tonne), while the average price for exports to India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Silicone Imports

Imports into Germany

In 2020, overseas purchases of silicones (in primary forms) decreased by -X% to X tonnes, falling for the second year in a row after four years of growth. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, silicone imports contracted to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

The UK (X tonnes), Belgium (X tonnes) and France (X tonnes) were the main suppliers of silicone imports to Germany, with a combined X% share of total imports. The Netherlands, Japan, the U.S. and China lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan, while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Belgium ($X) and the Netherlands ($X) constituted the largest silicone suppliers to Germany, with a combined X% share of total imports. France, the UK, Japan and China lagged somewhat behind, together comprising a further X the main suppliers, China saw the highest rates of growth with regard to 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

In 2020, the average silicone import price amounted to $X per tonne, dropping by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silicones (in primary forms) in the world?

+

The countries with the highest volumes of silicone consumption in 2020 were China (619K tonnes), Germany (379K tonnes) and the U.S. (251K tonnes), together accounting for 44% of global consumption. India, Japan, Turkey, Indonesia, Belgium, the UK, Brazil, South Korea, France and Italy lagged somewhat behind, together comprising a further 36%.

What are the largest producers of silicones (in primary forms) in the world?

+

The countries with the highest volumes of silicone production in 2020 were China (725K tonnes), Germany (520K tonnes) and the U.S. (308K tonnes), together comprising 56% of global production. These countries were followed by Japan, India, the UK, Turkey, Indonesia, France, Thailand and Brazil, which together accounted for a further 35%.

What are the leading suppliers of silicones (in primary forms) to Germany?

+

In value terms, the U.S. ($72M), Belgium ($68M) and the Netherlands ($60M) were the largest silicone suppliers to Germany, with a combined 48% share of total imports. These countries were followed by France, the UK, Japan and China, which together accounted for a further 38%.

What are the leading importers of silicones (in primary forms) from Germany?

+

In value terms, the largest markets for silicone exported from Germany were China ($180M), the U.S. ($171M) and Italy ($110M), together accounting for 43% of total exports. The Netherlands, the UK, Belgium, India, Poland, Spain and the Czech Republic lagged somewhat behind, together comprising a further 35%.

What is the average export price for silicones (in primary forms) in Germany?

+

In 2020, the average silicone export price amounted to $4,865 per tonne, with a decrease of -10.7% against the previous year.

What is the average import price for silicones (in primary forms) in Germany?

+

The average silicone import price stood at $5,261 per tonne in 2020, falling by -8.6% against the previous year.