Updated Nov 22, 2022 16:16

Market for Refractory Products of Siliceous or Diatomite Earths in Germany

Market Overview
The German market for refractory products of siliceous or diatomite earths was finally on the rise to reach $ in , after two years of decline. Overall, consumption showed strong growth. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market failed to regain momentum.

In value terms, production of refractory products of siliceous or diatomite earths rose remarkably to $ in estimated in export price. Overall, production posted a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of %. As a result, production attained the peak level of $. From 2019 to , production of growth failed to regain momentum.


Consumption
In , consumption of refractory products of siliceous or diatomite earths increased by % to tons, rising for the second consecutive year after two years of decline. In general, consumption enjoyed a remarkable increase. As a result, consumption attained the peak volume of tons. From 2019 to , the growth of the consumption of remained at a lower figure.

The value of the market for refractory products of siliceous or diatomite earths in Germany expanded modestly to $ in , growing by % 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). Over the period under review, consumption enjoyed a strong increase. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market failed to regain momentum.


Market Forecast
Driven by increasing demand for refractory products of siliceous or diatomite earths in Germany, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, the share of imports in terms of total refractory products of siliceous or diatomite earths consumption in Germany was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Germany refractory products of siliceous or diatomite earths market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Germany remains a net importer of refractory products of siliceous or diatomite earths; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.