Procurement and Logistics (unaudited section)

In 2021, WACKER’s procurement volume increased to €3.9 billion (2020: €2.8 billion). The most important reasons for this were sharp increases in raw-material and energy costs, but also in volumes. At 62 percent, the procurement rate – raw materials, services and other materials as a percentage of sales – was at approximately the prior-year level (2020: 61 percent). At around 10,000, the number of suppliers was about 10 percent lower than the previous year due to ongoing consolidation.

The Group spent €2.5 billion to procure energy, raw materials and packaging, almost 40 percent more than the prior year (2020: €1.8 billion). Most of this increase stemmed from higher raw-material prices, with the rest being due to increased volumes.