Iron Oxide Pigments Market Overview in Germany
In value terms, iron oxide pigments production expanded remarkably to $ in 2019 estimated in export prices. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of % y-o-y. Iron oxide pigments production peaked at $ in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.
The value of the iron oxide pigments market in Germany soared to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of % year-to-year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the near future.