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Germany - Petroleum Bitumen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum Bitumen Price in Germany - 2023
Contents:
- Petroleum Bitumen Price in Germany (FOB) - 2023
- Petroleum Bitumen Price in Germany (CIF) - 2023
- Petroleum Bitumen Exports in Germany
- Petroleum Bitumen Imports in Germany
Petroleum Bitumen Price in Germany (FOB) - 2023
In August 2023, the average petroleum bitumen export price amounted to $564 per ton, with an increase of 8.3% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 18% month-to-month. Over the period under review, the average export prices attained the maximum in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($779 per ton), while the average price for exports to the Netherlands ($509 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 the UK (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum Bitumen Price in Germany (CIF) - 2023
In August 2023, the average petroleum bitumen import price amounted to $567 per ton, remaining relatively unchanged against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 13% month-to-month. Over the period under review, average import prices hit record highs at $602 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Switzerland ($603 per ton) and the Netherlands ($602 per ton), while the price for Austria ($432 per ton) and France ($475 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Petroleum Bitumen Exports in Germany
In 2022, the amount of petroleum bitumen exported from Germany dropped notably to 1.7M tons, falling by -16.6% on the previous year's figure. Over the period under review, exports showed a noticeable setback. The growth pace was the most rapid in 2021 when exports increased by 12%. As a result, the exports reached the peak of 2M tons, and then declined sharply in the following year.
In value terms, petroleum bitumen exports expanded notably to $923M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +92.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Export of Petroleum Bitumen in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 104 | 72.2 | 121 | 146 | 12.0% |
Poland | 53.1 | 43.8 | 78.3 | 123 | 32.3% |
Netherlands | 95.7 | 62.5 | 91.4 | 117 | 6.9% |
Czech Republic | 51.6 | 51.5 | 66.5 | 75.7 | 13.6% |
Austria | 32.2 | 27.8 | 58.7 | 73.2 | 31.5% |
Sweden | 40.1 | 32.0 | 77.7 | 72.3 | 21.7% |
Switzerland | 45.6 | 52.7 | 68.7 | 69.8 | 15.2% |
Belgium | 45.0 | 31.9 | 49.8 | 57.4 | 8.5% |
United Kingdom | 69.1 | 35.6 | 82.8 | 47.5 | -11.7% |
Denmark | 43.4 | 38.8 | 58.5 | 40.6 | -2.2% |
Others | 64.9 | 31.1 | 88.6 | 101 | 15.9% |
Total | 645 | 480 | 842 | 923 | 12.7% |
Top Export Markets for Petroleum Bitumen from Germany in 2022:
- France (273.1K tons)
- Netherlands (258.0K tons)
- Poland (219.8K tons)
- Czech Republic (136.7K tons)
- Switzerland (130.4K tons)
- Sweden (120.8K tons)
- Austria (118.8K tons)
- Belgium (102.1K tons)
- United Kingdom (93.1K tons)
- Denmark (68.0K tons)
Petroleum Bitumen Imports in Germany
In 2022, imports of petroleum bitumen into Germany reduced markedly to 158K tons, with a decrease of -15.6% against the year before. Overall, imports continue to indicate a drastic downturn. The smallest decline of -9.1% was in 2021.
In value terms, petroleum bitumen imports expanded notably to $102M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 24%.
Import of Petroleum Bitumen in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 46.3 | 28.1 | 31.8 | 49.2 | 2.0% |
Netherlands | 16.3 | 21.8 | 24.5 | 20.4 | 7.8% |
Poland | 22.9 | 8.4 | 13.5 | 10.1 | -23.9% |
Switzerland | 0.4 | 1.0 | 4.4 | 6.5 | 153.3% |
Belgium | 7.6 | 6.1 | 6.6 | 3.7 | -21.3% |
Sweden | 6.6 | 3.3 | 2.9 | 3.1 | -22.3% |
Hungary | N/A | 0.3 | 0.7 | 1.9 | 151.7% |
Others | 3.7 | 4.0 | 6.3 | 6.8 | 22.5% |
Total | 104 | 73.0 | 90.7 | 102 | -0.6% |
Top Suppliers of Petroleum Bitumen to Germany in 2022:
- Czech Republic (82.9K tons)
- Netherlands (30.1K tons)
- Poland (15.2K tons)
- Switzerland (9.1K tons)
- Belgium (6.0K tons)
- Sweden (3.9K tons)
- Hungary (3.8K tons)
This report provides an in-depth analysis of the petroleum bitumen 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:
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
-
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
-
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
-
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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Explore the top import markets for petroleum bitumen and their key statistics. Discover the leading countries and their import values, including the United States, China, and India. Get insights from the IndexBox market intelligence platform.