BASF's revenue 2022-2023, by segment

Published by Statista Research Department, Mar 11, 2024
BASF's revenue in the Chemicals segment amounted to approximately 10.4 billion euros in 2023. All of the company's seven segments reported a decrease in revenue when compared to the previous year. BASF is the leading diversified chemical company worldwide and is headquartered in Ludwigshafen, Germany.

Revenue of BASF in 2022 and 2023, by segment (in million euros)

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Release date

February 2024

Region

Worldwide

Survey time period

2022 and 2023

Supplementary notes

Several former segments of BASF have been restructured in recent years, outlined as follows:
Since 2013, Plastics are no longer listed as a separate BASF segment.
On September 27, 2018, BASF and LetterOne merged their oil and gas businesses in a joint venture. The new joint venture operates under the name Wintershall DEA. Since the agreement was signed, BASF no longer reports on its oil and gas business as a separate Oil & Gas segment.
In 2019, the Functional Materials & Solutions segment was divided into the Materials and Surface Technologies segments.
The Performance Products segment was divided in the Nutrition & Care and Industrial Solutions segments in 2019.

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