Binders for foundry moulds or cores market in Germany

Earlier Report Observations

The market volume for binders for foundry moulds or cores in Germany peaked in 2018 at 270.5 thousand tons, supported by strong domestic production and export activity. However, it contracted sharply over the next two years, falling to 186 thousand tons by 2020.

A rebound to 231.7 thousand tons occurred in 2021, followed by a gradual decline to 222.1 thousand tons in 2022 and stabilization at 218.2 thousand tons in 2023. The stabilization in 2023 coincided with technological advances, including the development of water-based binders, and rising demand for environmentally friendly products due to evolving EU regulatory requirements.

Despite the market volume decreasing to 197 thousand tons in 2024, the industry saw expansion of production capacities by major players such as ASK Chemicals and growing demand for high-performance binders from the automotive and aerospace sectors, driven by stricter emission regulations and changing industrial requirements.

Production binders for foundry moulds or cores in Germany

In value, 2017-2020, M $ US

Germany's production of binders for foundry moulds or cores declined for the second consecutive year. In 2020, output was valued at 257.8 million US dollars, marking a 15.8% decrease compared to the previous year. Over the period from 2017 to 2020, production fell by 22.4%, with an annualized decline rate of 8.1%. The highest production value was recorded in 2018 at 374.6 million US dollars, which saw a 12.7% increase that year. The largest decline occurred in 2019, with an 18.2% drop.

Annual dynamics of production in Germany in value, 2017-2020, M $ US

In kind, 2017-2020, K t

Germany's production of binders for foundry moulds or cores declined for the third consecutive year. In 2020, the country produced 256.8 thousand tonnes, representing a 17.5% decrease from the previous year. Between 2017 and 2020, production fell by 27.5%, equating to an annualized decline rate of 10.1%.

Annual dynamics of production in Germany in kind, 2017-2020, K t

Exports binders for foundry moulds or cores from Germany

Exports in kind, t

Germany's exports of binders for foundry moulds or cores declined for the second consecutive year. In 2020, exports amounted to 77 158 tonnes, showing a moderate decrease of 6.7% compared to the previous year. Between 2017 and 2020, exports decreased by 9.7%, with an annualized decline rate of 3.3%. The highest export volume was recorded in 2018 at 92 101 tonnes, which saw a 7.8% increase that year. The largest decline occurred in 2019, with a 10.2% drop.

Annual dynamics of product's exports from Germany in kind, 2017-2020, t

From 2017 to 2020, the export structure for binders for foundry moulds or cores remained fragmented. The top partners were Czechia, accounting for 19.9% of exports, Austria with 10.4%, and France with 10.0%. Together, these three countries represented 40.3% of total exports, with no single country holding a dominant share.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, K $ US

Germany's exports of binders for foundry moulds or cores declined for the second consecutive year. In 2020, exports were valued at 66 472 thousand US dollars, corresponding to a 13.1% year-over-year decrease. The highest export value was recorded in 2018 at 82 268 thousand US dollars, which saw a 21.5% increase that year.

Annual dynamics of product's exports from Germany in value, 2017-2020, K $ US

From 2017 to 2020, France, Czechia, and Poland played notable but not dominant roles as buyers of binders for foundry moulds or cores from Germany. France accounted for 16.2% of exports in value terms, Czechia for 12.0%, and Poland for 8.3%. Their combined share reached 36.5% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports binders for foundry moulds or cores to Germany

Imports in kind, t

Germany's imports of binders for foundry moulds or cores declined for the third consecutive year. In 2020, import volume totalled 6 359 tonnes, equivalent to a significant decrease of 24.7% compared to 2019. Between 2017 and 2020, imports fell by 39.2%, with an annualized decline rate of 15.3%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, t

Throughout 2017 to 2020, Czechia, Italy, and the Netherlands formed the key group of partners for Germany's imports of binders for foundry moulds or cores in kind. Czechia accounted for 50.6% of imports, Italy for 12.0%, and the Netherlands for 10.4%. Together, they represented 73.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, K $ US

Germany's imports of binders for foundry moulds or cores declined for the second consecutive year. In 2020, import volume amounted to 11 903 thousand US dollars, equivalent to a sharp decrease of 26.0% compared to 2019. Over the period from 2017 to 2020, imports decreased by 46.2%, with an annualized decline rate of 18.7%. The highest import value was recorded in 2018 at 22 384 thousand US dollars, which saw a modest 1.1% increase that year. The largest decline occurred in 2019, with a 28.2% drop.

Annual dynamics of product's imports to Germany in value, 2017-2020, K $ US

From 2017 to 2020, Czechia, Italy, and the Netherlands consistently remained the main sources for Germany's imports of binders for foundry moulds or cores in value terms. Czechia accounted for 44.5% of imports, Italy for 12.6%, and the Netherlands for 12.1%. Together, they represented 69.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020