Results of the Raw Materials Study 2023 in cooperation with Handelsblatt

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Around 100 corporate and procurement decision-makers shared their opinions and current approaches to raw materials management in procurement with us this year. The result: High raw material and energy prices will continue to burden companies in 2023. The supply shortage for many raw materials has eased faster than expected, and despite declining sales volumes, the pressure from personnel shortages remains high. Companies see nearshoring and friendshoring as resilient options, but with expected implementation difficulties.

Download results presentation

 

The findings from the survey of over 90 participants:

  • High raw material and energy prices will continue to burden companies in 2023:
    The immediate risk of further sharp price increases is assessed as low, but prices remain at a high level.
  • Companies have taken measures to counteract high prices: Price agreements with price escalation clauses for raw material costs with suppliers (e.g. index-linked) continue to be the most popular price model (78%). However, longer term fixed price agreements (incl. raw material cost) have regained in importance (+17%p).
  • The supply situation has eased considerably for many raw materials:
    Reduced availability is now a burden for only 28% of companies. The participants expect significantly fewer supply problems – except for oil/gas, rare earths, electricity and lithium. Hardly any measures are still being taken to ensure security of supply. 39% expect the Raw Materials Act to improve the supply of raw materials in the medium to long term.
  • Declining sales volumes reduce procurement requirements:
    43% of the companies surveyed state that declining sales volumes have a significant impact on their business results. This increases the importance of optimizing inventories. An easing of the acute shortage of personnel seems possible.
  • Nearshoring and friendshoring options are gaining importance for resilience reasons:
    The geographic footprint for near- or friendshoring focuses on the EU and Western partners.

 

Here you can download the study free of charge:
To receive the results presentation, fill out the contact form. You will then receive the entire study by mail.