Germany - Esters Of Methacrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethacrylic Acid Esters Price in Germany - 2023
Contents:
- Methacrylic Acid Esters Price in Germany (FOB) - 2023
- Methacrylic Acid Esters Price in Germany (CIF) - 2023
- Methacrylic Acid Esters Exports in Germany
- Methacrylic Acid Esters Imports in Germany
Methacrylic Acid Esters Price in Germany (FOB) - 2023
The average methacrylic acid esters export price stood at $2,901 per ton in June 2023, shrinking by -12% against the previous month. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in November 2022 an increase of 25% month-to-month. Over the period under review, the average export prices attained the maximum at $4,650 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($7,895 per ton), while the average price for exports to the United States ($2,186 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.3%), while the prices for the other major destinations experienced a decline.
Methacrylic Acid Esters Price in Germany (CIF) - 2023
The average methacrylic acid esters import price stood at $2,701 per ton in June 2023, with a decrease of -3% against the previous month. Over the period under review, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in September 2022 an increase of 14% month-to-month. The import price peaked at $3,807 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($4,346 per ton), while the price for Japan ($2,242 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-1.2%), while the prices for the other major suppliers experienced a decline.
Methacrylic Acid Esters Exports in Germany
After three years of growth, shipments abroad of esters of methacrylic acid decreased by -33% to 75K tons in 2022. In general, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 112K tons, and then dropped dramatically in the following year.
In value terms, methacrylic acid esters exports dropped sharply to $269M in 2022. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports reached the peak of $320M, and then shrank notably in the following year.
Export of Methacrylic Acid Esters in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 30.0 | 24.1 | 52.9 | 53.9 | 21.6% |
United States | 31.0 | 29.6 | 58.4 | 39.5 | 8.4% |
France | 22.8 | 10.6 | 31.9 | 35.9 | 16.3% |
Italy | 12.3 | 12.2 | 21.5 | 23.0 | 23.2% |
Hungary | 2.7 | 4.5 | 12.2 | 15.4 | 78.7% |
Belgium | 19.0 | 15.1 | 14.6 | 12.5 | -13.0% |
Spain | 10.5 | 9.8 | 14.2 | 12.1 | 4.8% |
Switzerland | 6.5 | 5.7 | 10.0 | 11.3 | 20.2% |
China | 21.9 | 29.2 | 16.7 | 10.1 | -22.7% |
Austria | 7.2 | 7.0 | 10.8 | 9.4 | 9.3% |
Japan | 11.7 | 9.8 | 6.5 | 4.0 | -30.1% |
Mexico | 3.3 | 5.5 | 9.6 | 3.1 | -2.1% |
Singapore | 16.3 | 11.5 | 10.9 | N/A | -18.2% |
Others | 42.6 | 34.7 | 49.4 | 39.0 | -2.9% |
Total | 238 | 209 | 320 | 269 | 4.2% |
Top Export Markets for Methacrylic Acid Esters from Germany in 2022:
- Singapore (undefinedK tons)
- Netherlands (19.6K tons)
- United States (12.0K tons)
- France (11.8K tons)
- Italy (5.8K tons)
- Belgium (3.5K tons)
- Spain (3.3K tons)
- Switzerland (3.2K tons)
- Austria (2.7K tons)
- Hungary (2.2K tons)
- Japan (1.7K tons)
- Mexico (1.5K tons)
- China (1.0K tons)
Methacrylic Acid Esters Imports in Germany
In 2022, the amount of esters of methacrylic acid imported into Germany dropped slightly to 68K tons, with a decrease of -2.7% compared with 2021 figures. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 70K tons, and then fell modestly in the following year.
In value terms, methacrylic acid esters imports amounted to $231M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Methacrylic Acid Esters in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 19.2 | 14.9 | 64.0 | 55.5 | 42.5% |
China | 15.5 | 11.4 | 25.3 | 31.9 | 27.2% |
Japan | 14.7 | 16.9 | 28.2 | 30.9 | 28.1% |
United Kingdom | 73.1 | 47.5 | 31.8 | 23.6 | -31.4% |
Belgium | 13.4 | 10.3 | 14.7 | 20.1 | 14.5% |
United States | 6.9 | 9.4 | 11.5 | 14.1 | 26.9% |
Italy | 17.9 | 8.2 | 11.8 | 12.7 | -10.8% |
South Korea | 2.7 | 1.7 | 5.6 | 12.4 | 66.2% |
Saudi Arabia | N/A | 0.1 | 4.2 | 10.3 | 914.9% |
France | 5.5 | 5.5 | 7.9 | 8.2 | 14.2% |
Others | 8.7 | 8.6 | 20.5 | 11.7 | 10.4% |
Total | 178 | 134 | 226 | 231 | 9.1% |
Top Suppliers of Methacrylic Acid Esters to Germany in 2022:
- Netherlands (19.8K tons)
- Japan (9.9K tons)
- China (6.9K tons)
- United Kingdom (6.2K tons)
- Belgium (5.7K tons)
- Italy (4.5K tons)
- Saudi Arabia (4.4K tons)
- South Korea (4.4K tons)
- United States (2.4K tons)
- France (1.2K tons)
This report provides an in-depth analysis of the methacrylic acid esters 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.
Product coverage:
- Prodcom 20143340 - Esters of methacrylic acid
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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