Austria: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Austria

The Austrian anti-freezing preparations market soared to $X in 2021, jumping by 15% against the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +90.6% against 2017 indices. Anti-freezing preparations consumption peaked in 2021 and is expected to retain growth in years to come.

Anti-Freezing Preparations Production in Austria

In value terms, anti-freezing preparations production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, showed strong growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 88% against the previous year. As a result, production reached the peak level of $X, and then dropped notably in the following year.

Anti-Freezing Preparations Exports

Exports from Austria

In 2021, overseas shipments of anti-freezing preparations and prepared de-icing fluids decreased by -2.8% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 21% against the previous year. 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, anti-freezing preparations exports stood at $X in 2021. In general, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 10%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Romania (X tons) and Slovakia (X tons) were the main destinations of anti-freezing preparations exports from Austria, together comprising 63% of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +8.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Romania ($X) and Italy ($X) constituted the largest markets for anti-freezing preparations exported from Austria worldwide, with a combined 51% share of total exports.

Romania, with a CAGR of +3.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average anti-freezing preparations export price amounted to $X per ton, rising by 9.9% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Croatia ($X per ton), while the average price for exports to Bulgaria ($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 (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Anti-Freezing Preparations Imports

Imports into Austria

In 2021, purchases abroad of anti-freezing preparations and prepared de-icing fluids increased by 23% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -18.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by 67%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, anti-freezing preparations imports skyrocketed to $X in 2021. Overall, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of anti-freezing preparations to Austria, accounting for a 76% share of total imports. Moreover, anti-freezing preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold. The third position in this ranking was taken by the Czech Republic (X tons), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+0.5% per year) and the Czech Republic (-6.1% per year).

In value terms, Germany ($X) constituted the largest supplier of anti-freezing preparations and prepared de-icing fluids to Austria, comprising 72% of total imports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total imports. It was followed by the Czech Republic, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.7% per year) and the Czech Republic (-2.2% per year).

Import Prices by Country

The average anti-freezing preparations import price stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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