Granules and powders of pig iron, spiegeleisen, iron or steel market in Germany

Earlier Report Observations

The market for iron and steel granules and powders in Germany experienced a pronounced contraction in physical volume between 2018 and 2024, falling from 291.2 thousand tons to 154.9 thousand tons. The decline was most acute in 2020, followed by a modest recovery in 2021, after which the downward trend continued through the end of the period.

In value terms, the market fluctuated, reaching a peak of $226.7 million in 2022 before decreasing to $157.1 million in 2024. The year 2024 saw the implementation of a reverse charge mechanism for value-added tax on deliveries of iron and steel metal products, including granules and powders, which altered standard invoicing and tax deduction procedures for industry transactions.

Production iron and steel granules and powders in Germany

In value, 2017-2020, M $ US

Germany's production of granules and powders of pig iron, spiegeleisen, iron, or steel declined for the second consecutive year. In 2020, output was valued at 123.7 million US dollars, marking a significant 18.3% year-over-year reduction. Between 2017 and 2020, production decreased by 12.5%, which translates to an annualized decline of 4.4%. The highest production value was recorded in 2018 at 165.4 million US dollars, with the largest annual increase of 17.0% also occurring that year.

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

In kind, 2017-2020, K t

Germany's production of granules and powders of pig iron, spiegeleisen, iron, or steel declined for the second consecutive year. In 2020, 158.2 thousand tonnes were produced, down 21.5% compared to 2019. From 2017 to 2020, production fell by 16.4%, corresponding to a compound annual growth rate (CAGR) of -5.8%. The peak production volume was reached in 2018 at 210.9 thousand tonnes, with the largest annual increase of 11.4% also recorded that year.

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

Exports iron and steel granules and powders from Germany

Exports in kind, K t

After two years of growth, Germany's exports of granules and powders of pig iron, spiegeleisen, iron, or steel declined. In 2020, exports totaled 78.2 thousand tonnes, representing a sharp 21.0% drop year-over-year. Between 2017 and 2020, exports increased by 5.5%, equating to an annualized growth rate of 1.8%. The highest export volume was recorded in 2019 at 99.0 thousand tonnes, while the largest annual increase of 20.0% occurred in 2018.

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

An analysis of export volumes from 2017 to 2020 reveals a broad distribution across many markets. Italy accounted for 17.1% of exports, Austria for 9.3%, and France for 7.2%. Together, these three countries represented only 33.6% of total export flows, with the remaining 66.4% going to other trading partners.

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, M $ US

Germany's exports of granules and powders of pig iron, spiegeleisen, iron, or steel declined for the second consecutive year. In 2020, exports were valued at 183.8 million US dollars, reflecting a substantial 20.9% decrease from the previous year. Over the period from 2017 to 2020, exports decreased by 5%, corresponding to a compound annual growth rate (CAGR) of -1.7%. The peak export value was recorded in 2018 at 235.6 million US dollars, with the largest annual increase of 21.7% also occurring that year.

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

From 2017 to 2020, Germany's exports of granules and powders of pig iron, spiegeleisen, iron, or steel in value terms were widely dispersed across partner countries. The United States accounted for 11.5% of exports, China for 9.8%, and Italy for 8.4%. Combined, these three countries represented only 29.7% of total export flows.

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

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

Imports iron and steel granules and powders to Germany

Imports in kind, K t

Germany's imports of granules and powders of pig iron, spiegeleisen, iron, or steel declined for the second consecutive year. In 2020, import volume amounted to 114.2 thousand tonnes, showing a sharp 27.4% decrease compared to 2019. Between 2017 and 2020, imports fell by 27.2%, with a compound annual growth rate (CAGR) of -10.0%. The highest import volume was recorded in 2018 at 169.2 thousand tonnes, and the largest annual increase of 7.9% also occurred that year.

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

From 2017 to 2020, Germany's imports of granules and powders of pig iron, spiegeleisen, iron, or steel in volume terms were not heavily concentrated. Sweden accounted for 21.9% of imports, France for 12.3%, and Canada for 10.7%. Together, these three countries represented only 44.9% 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, M $ US

Germany's imports of granules and powders of pig iron, spiegeleisen, iron, or steel declined for the second consecutive year. In 2020, import value amounted to 207.6 million US dollars, reflecting a significant 22.5% drop compared to 2019. Between 2017 and 2020, imports decreased by 25.7%, equating to an annualized decline of 9.4%. The peak import value was recorded in 2018 at 321.1 million US dollars, with the largest annual increase of 14.9% also occurring that year.

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

From 2017 to 2020, Sweden, the United States, and Romania were the largest suppliers of granules and powders of pig iron, spiegeleisen, iron, or steel to Germany in value terms. Sweden accounted for 24.1% of imports, the United States for 11.9%, and Romania for 8.7%. However, their combined contribution was limited to 44.7% of total import value, indicating a diversified country structure.

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

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