Austria: Articles Of Peat Market 2024

Articles Of Peat Market Size in Austria

The Austrian articles of peat market fell modestly to $X in 2022, declining by -1.6% against the previous year. In general, consumption, however, continues to indicate a buoyant increase. Articles of peat consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Articles Of Peat Production in Austria

In value terms, articles of peat production shrank modestly to $X in 2022 estimated in export price. In general, production, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2016 with an increase of 76% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Articles Of Peat Exports

Exports from Austria

In 2022, shipments abroad of articles of peat decreased by -2.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 27%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, articles of peat exports rose notably to $X in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Slovenia (X tons) was the main destination for articles of peat exports from Austria, accounting for a 37% share of total exports. Moreover, articles of peat exports to Slovenia exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia stood at +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-26.6% per year) and Italy (+5.6% per year).

In value terms, Slovenia ($X) remains the key foreign market for articles of peat exports from Austria, comprising 36% of total exports. The second position in the ranking was held by Italy ($X), with a 17% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia stood at +24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+23.8% per year) and Germany (-20.6% per year).

Export Prices by Country

The average articles of peat export price stood at $X per ton in 2022, growing by 11% against the previous year. Over the period under review, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 34%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Peat Imports

Imports into Austria

In 2022, supplies from abroad of articles of peat decreased by -30.7% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, imports saw a pronounced downturn. The pace of growth was the most pronounced in 2017 with an increase of 418% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of peat imports contracted modestly to $X in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2017 when imports increased by 86% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main articles of peat supplier to Austria, with a 92% share of total imports. Moreover, articles of peat imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The Netherlands (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.4% per year) and the Netherlands (+12.3% per year).

In value terms, Germany ($X) constituted the largest supplier of articles of peat to Austria, comprising 73% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 14% share of total imports. It was followed by China, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+21.3% per year) and China (-4.6% per year).

Import Prices by Country

In 2022, the average articles of peat import price amounted to $X per ton, growing by 40% against the previous year. Overall, the import price, however, recorded a deep slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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