Austria: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Austria

The Austrian amine-function compounds market totaled $X in 2021, rising by 14% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +96.8% against 2013 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Amine-Function Compounds Exports

Exports from Austria

After three years of growth, shipments abroad of amine-function compounds decreased by -51.1% to X tons in 2021. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 41%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, amine-function compounds exports declined sharply to $X in 2021. Overall, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 199%. Over the period under review, the exports hit record highs at $X in 2020, and then reduced rapidly in the following year.

Exports by Country

China (X tons) was the main destination for amine-function compounds exports from Austria, accounting for a 36% share of total exports. Moreover, amine-function compounds exports to China exceeded the volume sent to the second major destination, the UK (X tons), twofold. Japan (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+43.5% per year) and Japan (+69.0% per year).

In value terms, Japan ($X) emerged as the key foreign market for amine-function compounds exports from Austria, comprising 40% of total exports. The second position in the ranking was held by China ($X), with an 11% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan amounted to +266.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-2.2% per year) and the UK (+17.0% per year).

Export Prices by Country

The average amine-function compounds export price stood at $X per ton in 2021, reducing by -75.1% against the previous year. Overall, the export price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 135%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to China ($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 the Czech Republic (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.

Amine-Function Compounds Imports

Imports into Austria

In 2021, after two years of growth, there was significant decline in purchases abroad of amine-function compounds, when their volume decreased by -5.8% to X tons. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, amine-function compounds imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 59%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest amine-function compounds supplier to Austria, with a 67% share of total imports. Moreover, amine-function compounds imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. India (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.9% per year) and India (+46.6% per year).

In value terms, China ($X) constituted the largest supplier of amine-function compounds to Austria, comprising 41% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by India, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.0% per year) and India (+31.5% per year).

Import Prices by Country

In 2021, the average amine-function compounds import price amounted to $X per ton, increasing by 26% against the previous year. Overall, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 61% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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