Austria: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Austria

In 2021, the Austrian acid and mordant dye market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a pronounced descent. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Austria

In 2021, shipments abroad of acid and mordant dyes and preparations based thereon decreased by -18.8% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports showed a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by 18% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, acid and mordant dye exports rose markedly to $X in 2021. Overall, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2013 with an increase of 19%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons), Germany (X tons) and Poland (X tons) were the main destinations of acid and mordant dye exports from Austria, with a combined 42% share of total exports. These countries were followed by the Czech Republic, Slovenia, the UK, Spain, Uzbekistan, Estonia, Denmark, Portugal, Slovakia and Bulgaria, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +65.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Italy ($X) were the largest markets for acid and mordant dye exported from Austria worldwide, together accounting for 43% of total exports. These countries were followed by the UK, Slovenia, Estonia, Denmark, the Czech Republic, Slovakia, Spain, Bulgaria, Uzbekistan and Portugal, which together accounted for a further 42%.

In terms of the main countries of destination, Estonia, with a CAGR of +66.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average acid and mordant dye export price stood at $X per ton in 2021, increasing by 32% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Austria

In 2021, after two years of decline, there was significant growth in supplies from abroad of acid and mordant dyes and preparations based thereon, when their volume increased by 7.1% to X tons. In general, imports, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2017 when imports increased by 45%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, acid and mordant dye imports expanded rapidly to $X in 2021. Overall, imports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 32%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of acid and mordant dye to Austria, accounting for a 58% share of total imports. Moreover, acid and mordant dye imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-0.9% per year) and the Netherlands (-16.6% per year).

In value terms, the largest acid and mordant dye suppliers to Austria were Germany ($X), Switzerland ($X) and Italy ($X), with a combined 80% share of total imports. These countries were followed by the Netherlands, India and France, which together accounted for a further 16%.

France, with a CAGR of +18.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acid and mordant dye import price stood at $X per ton in 2021, growing by 7.1% against the previous year. Overall, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acid and mordant dye import price decreased by -0.6% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 72% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, among the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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