Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany (FOB) - 2023
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany (CIF) - 2023
  3. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany
  4. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany (FOB) - 2023

In November 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,469 per ton, which is down by -1.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 14% against the previous month. The export price peaked at $4,886 per ton in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($5,833 per ton), while the average price for exports to Luxembourg ($2,262 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany (CIF) - 2023

In November 2023, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,122 per ton, declining by -7.5% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 13% month-to-month. The import price peaked at $4,831 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Poland ($5,645 per ton), while the price for Hungary ($2,398 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) exported from Germany contracted slightly to 459K tons, declining by -4.3% on 2021 figures. The total export volume increased at an average annual rate of +1.3% over the period 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 9.8% against the previous year. As a result, the exports reached the peak of 480K tons, and then fell slightly in the following year.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $1.9B in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1691672052066.8%
China93.614114916019.6%
France1181111331354.6%
Italy83.483.11081026.9%
Luxembourg65.164.687.397.014.2%
United States60.562.590.694.416.0%
Russia78.582.295.790.04.7%
Turkey58.661.175.882.011.9%
United Kingdom90.575.485.581.1-3.6%
Netherlands68.469.881.081.15.8%
Spain64.365.981.479.07.1%
Czech Republic57.855.762.164.33.6%
Austria50.751.265.063.17.6%
Others4884685755735.5%
Total1,5461,5581,8951,9087.3%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Germany in 2022:

  1. Poland (59.9K tons)
  2. France (38.7K tons)
  3. Luxembourg (37.3K tons)
  4. Italy (22.9K tons)
  5. Netherlands (22.6K tons)
  6. Russia (22.4K tons)
  7. United States (18.9K tons)
  8. United Kingdom (18.5K tons)
  9. Austria (18.1K tons)
  10. Spain (17.7K tons)
  11. Czech Republic (16.0K tons)
  12. Turkey (15.4K tons)
  13. China (15.3K tons)

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into Germany contracted to 178K tons, reducing by -5.4% compared with the previous year. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 5.1% against the previous year. As a result, imports reached the peak of 188K tons, and then contracted in the following year.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) fell slightly to $687M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of $690M, leveling off in the following year.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1681541962026.3%
Italy80.072.089.01069.8%
France62.759.084.888.312.1%
Netherlands64.465.568.169.72.7%
United States62.144.054.147.2-8.7%
Belgium40.540.646.144.43.1%
Poland25.528.737.233.29.2%
Hungary16.216.618.922.611.7%
Portugal12.413.820.714.75.8%
United Kingdom23.223.814.77.8-30.5%
Sweden6.74.86.64.7-11.1%
Others37.038.453.846.47.8%
Total5995616906874.7%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Germany in 2022:

  1. Switzerland (64.3K tons)
  2. Netherlands (23.5K tons)
  3. Italy (23.3K tons)
  4. France (17.9K tons)
  5. Belgium (11.3K tons)
  6. Hungary (9.3K tons)
  7. Poland (5.4K tons)
  8. Portugal (4.2K tons)
  9. United States (3.6K tons)
  10. Sweden (3.1K tons)
  11. United Kingdom (1.0K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Adhesives; prepared, based on rubber or plastics (including artificial resins) - Germany