Procurement and Logistics (unaudited section)

In 2022, WACKER’s procurement volume rose to €5.5 billion (2021: €3.9 billion). The increase was mainly due to substantially higher raw-material and energy prices, with the quantities procured having risen only marginally. At 68 percent, the procurement rate – expenditures for raw materials, services and other materials as a percentage of sales – was clearly above the prior-year level (2021: 62 percent). The number of suppliers, at around 10,000, was on par with the prior year.

The Group spent €3.9 billion to procure energy, raw materials and packaging, roughly 50 percent more than in the previous year (2021: €2.6 billion). About two-thirds of this increase stemmed from higher raw-material prices, the rest being due to higher energy prices.