Updated Jan 12, 2023 02:42

Market for Ceramic Wares For Laboratory Or Technical Uses in Germany

Market Overview
In , after three years of growth, there was significant decline in the German market for ceramic wares for laboratory or technical uses, when its value decreased by -% to $. In general, consumption, however, recorded a modest increase. Over the period under review, the market attained the peak level at $ in 2011; however, from 2012 to , consumption remained at a lower figure.

In value terms, production of ceramic wares for laboratory or technical uses dropped to $ in estimated in export price. Over the period under review, the total production indicated a moderate increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2010 when the production volume increased by % against the previous year. Production of peaked at $ in 2019; however, from to , production remained at a lower figure.


Consumption
In , after three years of growth, there was significant decline in consumption of ceramic wares for laboratory or technical uses, when its volume decreased by -% to tons. Over the period under review, consumption, however, showed a noticeable increase. Over the period under review, consumption of attained the maximum volume at tons in 2013; however, from 2014 to , consumption remained at a lower figure.

The value of the market for ceramic wares for laboratory or technical uses in Germany dropped rapidly to $ in , shrinking 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). Overall, consumption, however, posted mild growth. Over the period under review, the market reached the peak level at $ in 2011; however, from 2012 to , consumption failed to regain momentum.


Market Forecast
Driven by increasing demand for ceramic wares for laboratory or technical uses in Germany, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, 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
Driven by a growing demand, the share of imports in total supply in Germany increased significantly over the last fifteen years (from % to %). Ceramic wares for laboratory or technical uses market in Germany consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
Germany remains a net exporter of ceramic wares for laboratory or technical uses; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.