Germany - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Corundum Price in Germany - 2023
Contents:
- Artificial Corundum Price in Germany (CIF) - 2023
- Artificial Corundum Price in Germany (FOB) - 2023
- Artificial Corundum Imports in Germany
- Artificial Corundum Exports in Germany
Artificial Corundum Price in Germany (CIF) - 2023
In August 2023, the average artificial corundum import price amounted to $1,220 per ton, which is down by -16.1% against the previous month. In general, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in April 2023 an increase of 60% month-to-month. As a result, import price attained the peak level of $1,798 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($3,037 per ton), while the price for Belgium ($669 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Artificial Corundum Price in Germany (FOB) - 2023
The average artificial corundum export price stood at $2,471 per ton in August 2023, rising by 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in February 2023 an increase of 26% against the previous month. As a result, the export price attained the peak level of $2,564 per ton. From March 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Switzerland ($3,685 per ton), while the average price for exports to Sweden ($1,336 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Corundum Imports in Germany
In 2022, artificial corundum imports into Germany rose notably to 146K tons, picking up by 7.5% on the previous year's figure. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, artificial corundum imports skyrocketed to $233M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +92.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Artificial Corundum in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 0.8 | 11.2 | 32.8 | 64.8 | 332.7% |
China | 45.7 | 15.5 | 22.6 | 36.8 | -7.0% |
Austria | 28.4 | 21.8 | 29.0 | 32.6 | 4.7% |
France | 23.4 | 15.8 | 33.2 | 32.3 | 11.3% |
Hungary | 12.6 | 9.6 | 12.8 | 16.6 | 9.6% |
Italy | 7.8 | 3.4 | 4.4 | 6.4 | -6.4% |
Brazil | 2.9 | 0.8 | 2.1 | 5.0 | 19.9% |
Ukraine | 4.0 | 3.7 | 4.8 | 3.7 | -2.6% |
Luxembourg | 5.8 | 5.8 | 1.0 | 2.7 | -22.5% |
Slovenia | 2.4 | 2.4 | 2.1 | 2.5 | 1.4% |
Russia | 8.6 | 5.8 | 9.2 | 2.2 | -36.5% |
Others | 21.8 | 25.1 | 29.1 | 27.4 | 7.9% |
Total | 164 | 121 | 183 | 233 | 12.4% |
Top Suppliers of Artificial Corundum to Germany in 2022:
- Netherlands (62.9K tons)
- China (25.5K tons)
- Hungary (11.4K tons)
- Austria (11.3K tons)
- France (8.0K tons)
- Brazil (4.2K tons)
- Ukraine (3.4K tons)
- Italy (3.3K tons)
- Slovenia (3.0K tons)
- Luxembourg (2.2K tons)
- Russia (2.1K tons)
Artificial Corundum Exports in Germany
Artificial corundum exports from Germany reached 52K tons in 2022, increasing by 4.9% compared with the previous year. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, artificial corundum exports rose sharply to $119M in 2022. The total export value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Artificial Corundum in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 17.4 | 13.2 | 16.3 | 14.3 | -6.3% |
United States | 10.5 | 9.8 | 10.1 | 13.3 | 8.2% |
France | 6.7 | 4.6 | 6.1 | 11.4 | 19.4% |
Switzerland | 8.1 | 6.7 | 8.6 | 8.7 | 2.4% |
Netherlands | 2.4 | 2.6 | 5.0 | 8.4 | 51.8% |
Poland | 6.0 | 4.4 | 7.3 | 8.4 | 11.9% |
Italy | 7.3 | 5.7 | 8.9 | 6.7 | -2.8% |
Turkey | 2.9 | 4.8 | 5.3 | 6.6 | 31.5% |
Russia | 6.0 | 5.2 | 7.0 | 5.9 | -0.6% |
Slovenia | 2.3 | 3.1 | 4.7 | 5.2 | 31.2% |
Spain | 3.0 | 2.6 | 5.1 | 5.2 | 20.1% |
Belgium | 2.2 | 2.1 | 2.6 | 2.2 | 0.0% |
United Kingdom | 2.8 | 2.0 | 2.1 | 2.0 | -10.6% |
Others | 17.6 | 13.8 | 19.9 | 20.5 | 5.2% |
Total | 95.3 | 80.7 | 109 | 119 | 7.7% |
Top Export Markets for Artificial Corundum from Germany in 2022:
- France (6.1K tons)
- Austria (5.6K tons)
- Poland (5.3K tons)
- Netherlands (4.7K tons)
- United States (4.4K tons)
- Slovenia (3.5K tons)
- Turkey (3.3K tons)
- Switzerland (2.6K tons)
- Spain (2.3K tons)
- Russia (2.2K tons)
- Italy (2.0K tons)
- Belgium (1.2K tons)
- United Kingdom (0.6K tons)
This report provides an in-depth analysis of the artificial corundum 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 23991500 - Artificial corundum (excluding mechanical mixtures)
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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