Germany: Thiosulphates Market 2023

Thiosulphates Market Size in Germany

The German thiosulphates market reduced markedly to $X in 2021, with a decrease of -18% against the previous year. Over the period under review, consumption recorded a slight reduction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Thiosulphates Production in Germany

In value terms, thiosulphates production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 9.6%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Thiosulphates Exports

Exports from Germany

In 2021, the amount of thiosulphates exported from Germany soared to X tons, increasing by 47% against the previous year. Overall, total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, thiosulphates exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for thiosulphates exports from Germany, accounting for a 30% share of total exports. Moreover, thiosulphates exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), twofold. Ukraine (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands totaled +18.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.1% per year) and Ukraine (+70.2% per year).

In value terms, the largest markets for thiosulphates exported from Germany were the Netherlands ($X), France ($X) and Italy ($X), with a combined 45% share of total exports. These countries were followed by Ukraine, Belgium, Denmark, Spain, the United States, Hungary, Switzerland, Lithuania, the UK and Poland, which together accounted for a further 39%.

Among the main countries of destination, Lithuania, with a CAGR of +60.7%, saw 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

The average thiosulphates export price stood at $X per ton in 2021, shrinking by -5.5% against the previous year. In general, the export price recorded a slight curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 36%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Thiosulphates Imports

Imports into Germany

In 2021, overseas purchases of thiosulphates increased by 16% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 458% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, thiosulphates imports amounted to $X in 2021. Over the period under review, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 310% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of thiosulphates to Germany, with a 77% share of total imports. Moreover, thiosulphates imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +75.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.0% per year) and the Netherlands (+13.6% per year).

In value terms, Belgium ($X) constituted the largest supplier of thiosulphates to Germany, comprising 63% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by the United States, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from Belgium amounted to +48.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.9% per year) and the United States (-27.5% per year).

Import Prices by Country

In 2021, the average thiosulphates import price amounted to $X per ton, which is down by -11.7% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 38%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+38.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :