
Germany - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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Germany: Silicone Market Overview 2020
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Silicone Market Size in Germany
The revenue of the silicone market in Germany amounted to $X in 2018, approximately reflecting the previous year. Over the period under review, silicone consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Silicone consumption peaked at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.
Silicone Production in Germany
In value terms, silicone production amounted to $X in 2018 estimated in export prices. In general, silicone production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, silicone production attained its maximum level at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.
Silicone Exports
Exports from Germany
In 2018, the amount of silicones (in primary forms) exported from Germany stood at X tonnes, growing by X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, silicone exports attained their maximum in 2018 and are likely to see steady growth in the near future.
In value terms, silicone exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, silicone exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.
Exports by Country
Belgium (X tonnes) was the main destination for silicone exports from Germany, accounting for a X% share of total exports. Moreover, silicone exports to Belgium exceeded the volume sent to the second major destination, the U.S. (X tonnes), twofold. The third position in this ranking was occupied by India (X tonnes), with a X% share.
From 2007 to 2018, the average annual growth rate of volume to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and India (+X% per year).
In value terms, Belgium ($X), the U.S. ($X) and China ($X) constituted the largest markets for silicone exported from Germany worldwide, with a combined X% share of total exports. Italy, India, France, the Netherlands, Turkey, the UK, Austria, Spain and the Czech Republic lagged somewhat behind, together comprising a further X experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.
Export Prices by Country
The average silicone export price stood at $X per tonne in 2018, declining by -X% against the previous year. Over the period under review, the silicone export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the average export prices for silicones (in primary forms) reached their peak figure at $X per tonne in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Austria ($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.
Silicone Imports
Imports into Germany
In 2018, the amount of silicones (in primary forms) imported into Germany stood at X tonnes, picking up by X% against the previous year. Over the period under review, the total imports indicated tangible growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, silicone imports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Over the period under review, silicone imports reached their maximum in 2018 and are likely to see steady growth in the near future.
In value terms, silicone imports totaled $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. In that year, silicone imports reached their peak and are likely to continue its growth in the immediate term.
Imports by Country
The UK (X tonnes), Belgium (X tonnes) and France (X tonnes) were the main suppliers of silicone imports to Germany, together accounting for X% of total imports. These countries were followed by the U.S., the Netherlands, Japan and the Czech Republic, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.
In value terms, the U.S. ($X), the Netherlands ($X) and Belgium ($X) constituted the largest silicone suppliers to Germany, together accounting for X% of total imports. France, the UK, Japan and the Czech Republic lagged somewhat behind, together accounting for a further X Czech Republic recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
The average silicone import price stood at $X per tonne in 2018, going up by X% against the previous year. In general, the silicone import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for silicones (in primary forms) attained their peak figure at $X per tonne in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.
Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the silicone market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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