Regions
Q3 2022
Sales at companies located in Europe rose by 14.5% compared with the third quarter of 2021. This was largely attributable to significantly higher prices in almost all segments, but especially in the Materials, Chemicals and Nutrition & Care segments. Slightly positive currency effects contributed to sales growth. Significantly lower volumes had an offsetting effect. This was primarily driven by the decline in sales volumes in the Materials and Chemicals segments.
In North America, sales rose by 9.9% in euros compared with the prior-year quarter. In local currency terms, however, sales decreased by 6.0%. Sales performance was supported by higher prices in almost all segments. This more than compensated for lower precious metal prices in the Surface Technologies segment. Sales growth in the region was considerably dampened by the decline in volumes, especially in the Surface Technologies segment.
Compared with the prior-year period, sales in the Asia Pacific region rose by 3.2% in euros. In local currency terms, sales were 5.3% below the level of the prior-year quarter. In Greater China, sales decreased by 4.4% in euros to €2,985 million. Portfolio effects in the Surface Technologies segment from the acquisition of a majority shareholding in BASF Shanshan Battery Materials had a positive impact on sales. By contrast, Asia Pacific sales were reduced by lower volumes, especially in the Chemicals segment. Sales development was also dampened by lower prices, mainly due to lower precious metal prices in the Surface Technologies segment, and lower prices in the Chemicals segment.
In the region South America, Africa, Middle East, sales rose by 32.4% in euros and by 15.9% in local currency terms compared with the third quarter of 2021. This was partly due to higher prices, especially in the Agricultural Solutions segment, and partly to positive currency effects. Slightly lower volumes overall had an offsetting effect.
|
Sales |
Sales |
||||
|---|---|---|---|---|---|---|
Q3 |
2022 |
2021 |
+/– |
2022 |
2021 |
+/– |
Europe |
8,759 |
7,651 |
14.5% |
8,306 |
7,343 |
13.1% |
of which Germany |
3,904 |
3,159 |
23.6% |
2,467 |
1,677 |
47.1% |
North America |
5,841 |
5,313 |
9.9% |
5,684 |
5,127 |
10.9% |
Asia Pacific |
5,405 |
5,238 |
3.2% |
5,517 |
5,412 |
1.9% |
of which Greater China |
2,985 |
3,121 |
–4.4% |
2,910 |
3,157 |
–7.8% |
South America, Africa, Middle East |
1,942 |
1,467 |
32.4% |
2,440 |
1,787 |
36.5% |
BASF Group |
21,946 |
19,669 |
11.6% |
21,946 |
19,669 |
11.6% |
|
|
|
|
|
|
|
January–September |
|
|
|
|
|
|
Europe |
28,359 |
23,853 |
18.9% |
26,932 |
22,905 |
17.6% |
of which Germany |
11,925 |
9,545 |
24.9% |
6,807 |
5,394 |
26.2% |
North America |
19,042 |
16,842 |
13.1% |
18,679 |
16,196 |
15.3% |
Asia Pacific |
16,399 |
14,980 |
9.5% |
16,761 |
15,450 |
8.5% |
of which Greater China |
9,156 |
8,653 |
5.8% |
8,956 |
8,724 |
2.7% |
South America, Africa, Middle East |
4,203 |
3,147 |
33.6% |
5,631 |
4,271 |
31.8% |
BASF Group |
68,003 |
58,822 |
15.6% |
68,003 |
58,822 |
15.6% |