Austria: Acyclic Hydrocarbons Market 2022

Acyclic Hydrocarbons Market Size in Austria

The Austrian acyclic hydrocarbons market expanded notably to $X in 2020, picking up by X% against the previous year. In general, consumption, however, showed a abrupt decline. Acyclic hydrocarbons consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Acyclic Hydrocarbons Production in Austria

In value terms, acyclic hydrocarbons production reduced to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Acyclic Hydrocarbons Exports

Exports from Austria

In 2020, shipments abroad of acyclic hydrocarbons decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, acyclic hydrocarbons exports contracted sharply to $X in 2020. In general, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for acyclic hydrocarbons exports from Austria, accounting for a X% share of total exports. Moreover, acyclic hydrocarbons exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), fourfold. The third position in this ranking was occupied by Slovenia (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Slovenia (+X% per year).

In value terms, Germany ($X) emerged as the key foreign market for acyclic hydrocarbons exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Slovenia (+X% per year).

Export Prices by Country

In 2020, the average acyclic hydrocarbons export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Acyclic Hydrocarbons Imports

Imports into Austria

In 2020, overseas purchases of acyclic hydrocarbons increased by X% to X tons, rising for the fourth year in a row after three years of decline. In general, total imports indicated a moderate expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, acyclic hydrocarbons imports declined to $X in 2020. Overall, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Poland (X tons) constituted the largest supplier of acyclic hydrocarbons to Austria, with a X% share of total imports. Moreover, acyclic hydrocarbons imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Belgium (+X% per year).

In value terms, Poland ($X), Germany ($X) and Belgium ($X) were the largest acyclic hydrocarbons suppliers to Austria, with a combined X% share of total imports.

Among the main suppliers, Poland saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average acyclic hydrocarbons import price stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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