Growth in German pellet exports

German pellet exports rose by 13% in the second half of 2014 to 352,936 t after a reduction of a roughly a third had been recorded at the middle of the year. Provisional figures from the federal statistics office Destatis show that exports to Italy were raised sharply by roughly 80% to 96,635 t whereas deliveries to Austria as the principal recipient fell by 14% to 94,532 t. In the second half of the year, German pellets imports fell 40% short of the previous year’s level at 211,883 t; the shortfall was still around 32% in the first half-year until the end of June. In spite of the increase in the second half-year, exports in 2014 as a whole fell by 13% to 627,740 t. A reduction of 32% arose in imports to 370,704 t. Owing to massive discrepancies between the provisional and final figures for 2013, however, the rates of change for 2014/2013 must be viewed with considerable reservations.

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