Raw material exports in Saxony-Anhalt will collapse by 12.6% in 2023!

Raw material exports in Saxony-Anhalt will collapse by 12.6% in 2023!

In 2023, Saxony-Anhalt experienced a significant decline in raw material exports. Loud Hall indicator About 3.3 million tons of raw materials were exported abroad, which corresponds to a decrease of 12.6% compared to the previous year. This development reflects the nationwide trend, where total raw material exports fell by 11.3% to 63.6 million tons. The largest export positions in Saxony-Anhalt were stones, earths and industrial minerals with 1.8 million tons, followed by biomass with 1.5 million tons and fossil energy sources and ores.

Conversely, Saxony-Anhalt enjoyed an increase in raw material imports. Despite a general decline in raw material imports in Germany of 14.7%, Saxony-Anhalt imported 10 million tons of fossil fuels and 2.3 million tons of biomass in 2023. This increase of 14.9% compared to the previous year is primarily due to the increasing imports of fossil fuels, which made up the majority of imported raw materials at 79.7%.

Prices and demand

Interestingly, fossil fuels have been very popular in recent years. They accounted for 60.6% of total raw material imports in Germany. Nevertheless, market developments vary. In 2023, 12.6 million tons of raw materials were imported into Saxony-Anhalt. The largest shares came from biomass at 39.9 million tons, followed by ores at 15.7 million tons.

Although the data suggests a decline in exports, the future of the industry looks rather positive due to the increase in raw material imports in Saxony-Anhalt. It remains to be seen how the market will develop and what strategies companies will adopt to navigate this challenging environment.

International context

The impact of the international market cannot be ignored. In a global context that is constantly changing due to geopolitical tensions and economic uncertainties, we are also observing developments outside of Germany. For example, the offers University of Chicago Press Publications that comply with the standards of the General Product Safety Regulation (GPSR) and are therefore important for international business. These requirements could also be relevant for raw material exporters and importers in Saxony-Anhalt.

This shows the interconnectedness and relevance of the regional economy in the global trading environment. To remain viable, companies may need to find new ways to successfully market their products not only locally but also internationally.

In summary, it can be said that, despite challenging conditions, Saxony-Anhalt continues to play an important role in the raw materials sector, both as an exporter and as an importer. The coming years will show how market conditions develop and which strategies will be successful.