Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany - 2023

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany (FOB) - 2023
  2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany (CIF) - 2022
  3. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany
  4. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany (FOB) - 2023

In November 2023, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $242K per ton, picking up by 14% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 53% m-o-m. As a result, the export price reached the peak level of $305K per ton. From September 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($502K per ton), while the average price for exports to Thailand ($122K per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $73,262 per ton, with a decrease of -7.8% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 85%. Over the period under review, average import prices attained the maximum at $209,650 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($279,710 per ton), while the price for India ($10,454 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany

In 2022, exports of balances; of a sensitivity of 5cg or better, with or without weightses from Germany fell slightly to 472 tons, shrinking by -3.5% against 2021 figures. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of 490 tons, and then dropped slightly in the following year.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses shrank modestly to $104M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year.

Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.813.618.117.35.3%
China19.410.412.915.3-7.6%
India6.56.36.37.02.5%
France5.55.66.46.24.1%
South Korea5.84.36.16.11.7%
United Kingdom3.63.35.95.615.9%
Switzerland2.52.74.53.815.0%
Netherlands3.73.53.03.6-0.9%
Italy3.32.83.33.41.0%
Belgium2.52.42.83.17.4%
Japan5.52.63.42.9-19.2%
Spain1.61.52.02.19.5%
Austria2.32.22.51.8-7.8%
Others29.025.528.025.6-4.1%
Total10686.7105104-0.6%

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Germany in 2022:

  1. United States (61.8 tons)
  2. China (47.9 tons)
  3. France (37.6 tons)
  4. India (26.1 tons)
  5. Switzerland (25.4 tons)
  6. South Korea (20.7 tons)
  7. United Kingdom (20.3 tons)
  8. Italy (18.6 tons)
  9. Japan (18.6 tons)
  10. Netherlands (17.0 tons)
  11. Belgium (13.9 tons)
  12. Spain (10.6 tons)
  13. Austria (9.9 tons)

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses imported into Germany surged to 502 tons, rising by 36% on 2021 figures. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses surged to $37M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +49.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.39.611.314.8266.8%
China6.64.66.29.111.3%
Philippines3.02.43.02.9-1.1%
Switzerland9.53.22.82.4-36.8%
Taiwan (Chinese)2.80.30.51.8-13.7%
Malaysia0.80.20.41.07.7%
Japan1.00.70.90.9-3.5%
Turkey0.10.1N/A0.344.2%
India0.20.10.20.1-20.6%
Others2.53.64.13.714.0%
Total26.724.829.537.011.5%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Germany in 2022:

  1. China (265.6 tons)
  2. Netherlands (52.9 tons)
  3. Philippines (45.0 tons)
  4. Turkey (24.4 tons)
  5. Taiwan (Chinese) (23.9 tons)
  6. Switzerland (14.0 tons)
  7. India (13.1 tons)
  8. Malaysia (12.4 tons)
  9. Japan (10.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - Germany