Annual Report 2023

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Creating tomorrow’s solutions

Regions

WACKER’s operations are highly international. Of the Group’s €6.40 billion in sales (2022: €8.21 billion), 85.0 percent came from international business (2022: 85.7 percent). Germany accounted for 15.0 percent of sales in the reporting year.

Asia Posts Sales Decline

Sales declined in Asia in 2023, down 25.6 percent to €2.75 billion (2022: €3.69 billion). In Greater China, sales contracted significantly to €1.36 billion (2022: €2.45 billion). Asia accounted for 43.0 percent of Group sales (2022: 45.0 percent).

Europe Reports Downward Trend

WACKER’s business in Europe trended downward as well. Sales decreased to €2.30 billion (2022: €2.83 billion). That is a decline of 18.7 percent. The region delivered 35.9 percent of Group sales (2022: 34.5 percent).

External Sales by Customer Location

 

 

 

 

 

€ million

 

2023

 

2022

 

2021

 

2020

 

2019

 

 

 

 

 

 

 

 

 

 

 

Europe

 

2,300.0

 

2,830.3

 

2,370.7

 

1,927.2

 

2,004.0

The Americas

 

1,042.1

 

1,286.6

 

895.7

 

832.9

 

919.5

Asia

 

2,749.6

 

3,694.2

 

2,637.1

 

1,687.7

 

1,763.8

Other regions

 

310.5

 

398.2

 

304.0

 

244.4

 

240.3

Total sales

 

6,402.2

 

8,209.3

 

6,207.5

 

4,692.2

 

4,927.6

Lower Sales in the Americas

Sales in the Americas decreased by 19.0 percent to €1.04 billion (2022: €1.29 billion) and accounted for 16.3 percent of Group sales (2022: 15.7 percent).

External Sales by Group Company Location

 

 

 

 

 

€ million

 

2023

 

2022

 

2021

 

2020

 

2019

 

 

 

 

 

 

 

 

 

 

 

Europe

 

5,719.2

 

7,063.3

 

5,091.4

 

3,798.2

 

3,977.5

The Americas

 

1,470.6

 

1,659.0

 

1,166.9

 

1,134.6

 

1,249.7

Asia

 

1,308.6

 

1,656.2

 

1,235.9

 

918.2

 

980.5

Other regions

 

14.2

 

14.4

 

11.3

 

11.2

 

13.1

Consolidation

 

-2,110.4

 

-2,183.6

 

-1,298.0

 

-1,170.0

 

-1,293.2

Total sales

 

6,402.2

 

8,209.3

 

6,207.5

 

4,692.2

 

4,927.6

Sales Decline in Other Regions

Sales in the other regions of the world decreased by 22.0 percent to €310.5 million (2022: €398.2 million), accounting for 4.8 percent of Group sales (2022: 4.8 percent).