Transcript German Chemical Industry 2014 -Slides

Portrait of the German chemical and
pharmaceutical industry
Portrait of the German chemical industry
German chemical industry indicators
overview
1995
2000
2005
2010
2011
2012
2013
112,3
135,0
152,8
171,1
184,2
186,8
190,6
Production (change y/y in %)
2,1
2,4
4,7
11,3
2,1
-2,7
1,9
Employment (in 1000)
536
470
441
415
429
434
438
Exports (in billion Euro)
51,8
76,6
104,8
142,4
153,2
162,1
166,3*
Imports (in billion Euro)
32,3
52,7
73,4
101,6
111,3
111,4
109,4*
5,8
6,8
5,4
5,8
6,2
6,3
6,4*
29,5
46,0
41,0
56,3
57,7
57,2
-
5,3
7,1
7,9
8,3
9,0
9,7
10,5**
Sales (in billion Euro)
Fixed asset investments (in billion
Euro)
FDI (stocks in billion Euro)
R&D expenditure (in billion Euro)
sources: Statistisches Bundesamt, VCI
* estimation
** budget plan
* estimation, **plan
Chemical industry is knowledge based and capital-intensive
Economic key measures
Share of chemical industry in the manufacturing sector, 2013
24.1
average, calculated based on
sales
17.5
15.2
12.2
11.3
11.0
9.2
7.4
Sales
source: VCI
Employees Gross saleries Fixed asset
and wages investments
(2012)
R&D
Energy
expenditures consumption
(2012)
Exports
Imports
Basic chemicals: at the beginning of the value chain
Innovation
Basic
chemicals
Further
processing
industries
Manufacturing
of consumer
and investment
goods
The chemical industry manufactures a wide range of products
Production structure of the German chemical/pharmaceutical industry
Production value in percent, 2013
production value:
143,3 bn. euro
Phamaceuticals
20%
Detergents and
personal care
products
8%
Inorganic basic
chemicals
9%
Petrochemicals
19%
Polymers
20%
Fine & Specialty
products
24%
sources: Destatis, VCI
About 93 percent of chemical companies employ less than
500 persons
Size structure of the German chemical/pharmaceutical industry
Share of enterprises in percent, 2012
companies total:
2.057
> 500 staff
142 companies
6,9%
10 - 49 staff
50 - 499 staff
886 companies
43,1%
source: Destatis, VCI
SME total: ca. 93%
1.029 companies
50,0%
About 93 percent of chemical companies employ less than
500 persons
Size structure of the German chemical/pharmaceutical industry
Share of enterprises in percent, 2012
71.7
63.8
50.0
43.1
31.1
25.2
6.9
number of companies
10 - 49 staff
source: Destatis, VCI
5.2
3.1
staff
50 - 499 staff
sales
> 500 staff
The TOP 20 2013
The Top 20 Companies (2013)
Unternehmen
1 BASF SE
2 Bayer AG
3 Fresenius SE & Co. KGaA
4 Linde AG
5 Henkel AG & Co. KGaA
6 Boehringer Ingelheim
7 Evonik Industries AG
8 Merck KGaA
9 Lanxess AG
10 Beiersdorf AG
11 B. Braun Melsungen AG
12 Wacker Chemie AG
13 K+S AG
14 Stada Arzneimittel AG
15 Westfalen AG
16 Fuchs Petrolub AG
17 Symrise AG
18 Altana AG
19 SGL Carbon SE
20 DAW SE
source: Die Welt, 30. Juni 2014
8
Umsatz (Mio. Euro)
73.973
40.157
20.331
16.655
16.355
14.065
12.874
11.095
8.300
6.141
5.170
4.479
3.950
2.014
1.860
1.832
1.830
1.765
1.477
1.230
Beschäftigte
112.206
113.200
178.337
63.487
46.850
47.492
32.995
38.154
17.000
k.A.
48.264
16.009
14.421
9.154
1.371
3.846
6.105
5.741
6.284
5.480
Chemistry is one of Germany‘s key industries
Share in sales of the manufacturing sector, 2013
Production growth of the Top 5, 2003 – 2013 p.a.
(average growth rates, in %)
Electrical
engineering
21.0%
3.9
36.4%
Vehicle
construction
2.5
Mechanical
engineering
2.5
12.8%
11.0%
8.7%
Chemical
industry
10.1%
Vehicle
construction
Mechanical
engineering
Chemical
industry
Food
Electrical
engineering
Others
source: Destatis, VCI
Food
1.6
1.1
total
manufacturing:
2,0%
Chemistry is one of Germany‘s key industries
Share in sales of the manufacturing sector
2013
Vehicle
construction
21.0%
Others
36.4%
Mechanical
engineering
12.8%
Electrical
engineering
8.7%
source: Destatis, VCI
Food
10.1%
Chemical
industry
11.0%
Germany still ranking fourth worldwide
Top 10: chemical producers
Chemical sales, in bn Euro, 2013
1,291
Sales world total:
4,127 billion euro
652
208
China
United
States
Japan
source: Chemdata International ,VCI
196
Germany
144
South
Korea
114
100
83
80
66
France
India
Brazil
Italy
Switzerland
Germany is the biggest chemical producer in Europe
Chemical sales in the EU 28
Share in sales in percent, 2013
others
16%
Germany
26%
Ireland
5%
Belgium
6%
Total: 758 Billion Euro
Spain
7%
France
15%
United Kingdom
7%
Netherlands
7%
source: Chemdata International, VCI
12
Italy
11%
High growth rates in Asia
Top 10: production growth chemical/pharmaceutical industry
average annual growth rates 2008-2013
13.9
World: 4.0
1.7
0.4
-0.9
3.4
4.4
0.2
-0.5
-1.2
-4.3
CN
US
JP
source: Chemdata international, Feri, VCI
DE
KR
FR
BR
IT
IN
GB
Germany: world champion of chemical exports
TOP 10: Chemical exports
In bn Euro, 2012
160.5
146.5
102.7
86.8
77.4
75.2
64.9
Germany
USA
Belgium
source: Chemdata International ,VCI
China
Netherlands
France
United
Kingdom
63.3
Switzerland
58.6
57.4
Japan
Ireland
Europe is the most important region for the German chemical
industry
German chemical exports by regions
in percent, 2013
Asia
13.8%
Africa
1.7%
Oceania
0.8%
Latin America
3.1%
NAFTA
10.3%
EU 27
58.7%
other Europ.
Countries
11.6%
source: Destatis, VCI
Germany is benefiting from higher growth rates outside of the
EU
Growth rates of German chemical exports by regions
Annual average growth rates 2007-2013 in percent
13.1
9.9
7.4
7.0
World: 5.1%
2.4
Latin America
source: Destatis, VCI
Asia
NAFTA
EU 12
EU 15
Capital spending abroad is overtaking capital spending in
Germany
Capital spending of the German chemical industry
In Germany and abroad, in mn Euro
9000
8000
capital spending in Germany
7000
6000
5000
capital spending abroad
4000
3000
2000
1992
1994
source: Destatis, VCI
1996
1998
2000
2002
2004
2006
2008
2010
2012
German chemical industry invests abroad
FDI of the German chemical industry
FDI stocks, in bn Euro
70.0
60.0
57,2
50.0
40.0
30.0
20.0
10.0
1991
1993
1995
source: Deutsche Bundesbank, VCI
1997
1999
2001
2003
2005
2007
2009
2011
Europe is the most important target for foreign investment
FDI of the German chemical industry by regions
FDI stocks, in percent, 2012
Latin America
3.1%
Asia
17.1%
Africa
1.6%
EU 27
37.0%
NAFTA
27.4%
other European
Countries
13.7%
source: Deutsche Bundesbank, VCI
Production plants abroad gain importance
Key figures of German chemical companies
2012
in Germany
Number of companies
2.057
abroad
1.427
Sales (in billion Euro)
in Germany
187 Mrd. €
abroad
191 Mrd. €
Persons employed (in thousand)
in Germany
abroad
source: Deutsche Bundesbank, Destatis, VCI
434.300
390.000
Strategies for market development vary by regions
Chemical exports and sales by foreign subsidiaries
In bn Euro, 2012
95.8
exports
sales by foreign subsidiaries
62.0
58.0
41.6
22.3
18.4
16.3
11.1
EU 27
other European
Countries
source: Deutsche Bundesbank, Destatis, VCI
NAFTA
Asia
Germany is attractive for foreign investors
FDI of foreign companies in the German chemical industry
In bn. Euro
45.0
42,0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
1991
1993
1995
source: Deutsche Bundesbank, VCI
1997
1999
2001
2003
2005
2007
2009
2011
Industry invests in innovation
R&D expenditure of the German chemical and pharmaceutical industry
in billion Euro
12,000
10,507
10,000
9,743
9,048
9,034
8,000
6,717
R&D chemical industry
6,000
4,000
2,000
R&D pharmaceutical industry
0
1999
source: Stifterverband, VCI
2001
2003
2005
2007
* planned
2009
2011
2013*
Germany ist the forth biggest innovation location worldwide
TOP 10 and the EU: R&D expenditure of the chemical/pharmaceutical
industry, share of the countries in expenditure of the world*, 2012
36.0%
World total:
112,6 bn Euro
25.7%
16.9%
9.4%
6.9%
5.9%
4.1%
4.1%
1.9%
USA
EU-27
Japan
China
source: OECD, Eurostat, Chemdata International
24
Germany United France
Kingdom
Switzerland
* internal R&D expenditure
South
Korea
1.5%
1.5%
Belgium Denmark