Regions
WACKER’s operations are highly international. Of the Group’s €4.69 billion in sales (2019: €4.93 billion), 83.3 percent came from international business (2019: 83.8 percent). Germany accounted for 16.7 percent.
Sales Decline in Asia
In 2020, WACKER’s sales in Asia decreased by 4.3 percent to €1.69 billion (2019: €1.76 billion). Sales in Greater China totaled €1.02 billion (2019: €1.05 billion), marginally lower than a year earlier. WACKER’s sales in Southeast Asia declined markedly. Asia accounted for 36.0 percent of Group sales (2019: 35.8 percent).
Business Also Weaker in Europe
WACKER’s business slowed in Europe. Sales decreased 3.8 percent to €1.93 billion (2019: €2.00 billion). The region delivered 41.1 percent of Group sales (2019: 40.7 percent).
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€ million |
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2020 |
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2019 |
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2018 |
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2017 |
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2016 |
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Europe |
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1,927.2 |
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2,004.0 |
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2,096.7 |
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1,970.4 |
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1,850.9 |
The Americas |
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832.9 |
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919.5 |
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878.2 |
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838.7 |
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825.6 |
Asia |
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1,687.7 |
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1,763.8 |
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1,756.9 |
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1,886.2 |
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1,751.6 |
Other regions |
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244.4 |
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240.3 |
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247.0 |
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228.9 |
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206.1 |
Total sales |
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4,692.2 |
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4,927.6 |
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4,978.8 |
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4,924.2 |
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4,634.2 |
Sales in the Americas Fall Significantly
Sales in the Americas declined 9.4 percent to €832.9 million (2019: €919.5 million) and accounted for 17.8 percent of Group sales (2019: 18.7 percent).
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€ million |
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2020 |
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2019 |
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2018 |
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2017 |
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2016 |
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Europe |
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3,798.2 |
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3,977.5 |
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4,018.3 |
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4,029.5 |
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3,825.2 |
The Americas |
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1,134.6 |
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1,249.7 |
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1,106.1 |
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1,167.7 |
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1,116.2 |
Asia |
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918.2 |
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980.5 |
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979.5 |
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859.5 |
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731.2 |
Other regions |
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11.2 |
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13.1 |
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13.0 |
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12.1 |
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10.4 |
Consolidation |
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-1,170.0 |
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-1,293.2 |
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-1,138.1 |
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-1,144.6 |
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-1,048.8 |
Total sales |
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4,692.2 |
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4,927.6 |
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4,978.8 |
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4,924.2 |
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4,634.2 |
Other Regions
Sales in the “other regions” of the world rose sightly, up 1.7 percent to €244.4 million (2019: €240.3 million).