Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany - 2023

Contents:

  1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany (CIF) - 2023
  2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany (FOB) - 2023
  3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany
  4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany (CIF) - 2023

In October 2023, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $13,414 per ton, rising by 21% against the previous month. In general, the import price, however, showed a mild setback. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 31% against the previous month. The import price peaked at $19,578 per ton in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Norway ($39,801 per ton), while the price for China amounted to $11,369 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Denmark (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany (FOB) - 2023

In October 2023, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $18,066 per ton, rising by 17% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in June 2023 an increase of 39% against the previous month. As a result, the export price attained the peak level of $23,911 per ton. From July 2023 to October 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 United States ($25,110 per ton), while the average price for exports to South Africa ($10,102 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany

In 2022, approx. 2.4K tons of polymers, natural; alginic acid, its salts and esters, in primary formses were imported into Germany; with an increase of 4.5% on the previous year's figure. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $31M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +79.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.49.811.419.723.7%
France5.33.95.65.51.2%
Italy0.50.40.71.130.1%
Denmark0.80.80.90.94.0%
SlovakiaN/AN/A0.20.9350.0%
Netherlands0.20.60.80.751.8%
Others2.21.82.62.20.0%
Total19.417.322.130.916.8%

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Germany in 2022:

  1. China (1356.2 tons)
  2. France (409.1 tons)
  3. Netherlands (161.7 tons)
  4. Italy (130.7 tons)
  5. Slovakia (101.3 tons)
  6. Denmark (86.5 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany

In 2022, exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Germany rose remarkably to 1.2K tons, picking up by 15% against the previous year's figure. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, 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 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $16M in 2022. Over the period under review, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2,0902,2613,0726,36444.9%
Italy8988681,3561,45817.5%
Belarus19418935980760.8%
Netherlands25326634379246.3%
Bangladesh52450157375512.9%
Saudi Arabia5805037496634.6%
Russia25423580650025.3%
France4703955314700.0%
Switzerland12712726445853.4%
Austria635467234426-12.5%
United States59.775.724233878.2%
Belgium48010663.1227-22.1%
Spain294218188207-11.0%
Others2,6962,0362,4192,7741.0%
Total9,5558,24811,19916,23919.3%

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Germany in 2022:

  1. Poland (462.3 tons)
  2. Bangladesh (92.8 tons)
  3. Italy (81.2 tons)
  4. Netherlands (49.8 tons)
  5. Russia (46.3 tons)
  6. Saudi Arabia (44.0 tons)
  7. Switzerland (42.4 tons)
  8. Spain (39.1 tons)
  9. France (38.7 tons)
  10. Austria (33.9 tons)
  11. Belarus (32.7 tons)
  12. United States (26.0 tons)
  13. Belgium (19.1 tons)

Source: IndexBox Market Intelligence Platform

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