Austria: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Austria

In 2022, the Austrian benzoyl peroxide and chloride market increased by 28% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +12.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +47.4% against 2020 indices. Benzoyl peroxide and chloride consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Austria

In 2022, overseas shipments of benzoyl peroxide and benzoyl chloride increased by 7.1% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 66%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, benzoyl peroxide and chloride exports surged to $X in 2022. In general, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 114% 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

Germany (X tons) was the main destination for benzoyl peroxide and chloride exports from Austria, accounting for a 41% share of total exports. Moreover, benzoyl peroxide and chloride exports to Germany exceeded the volume sent to the second major destination, Bulgaria (X tons), twofold. Finland (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-4.7% per year) and Finland (+11.1% per year).

In value terms, Germany ($X) emerged as the key foreign market for benzoyl peroxide and benzoyl chloride exports from Austria, comprising 55% of total exports. The second position in the ranking was taken by Finland ($X), with a 14% share of total exports. It was followed by Slovenia, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+14.7% per year) and Slovenia (-13.6% per year).

Export Prices by Country

In 2022, the average benzoyl peroxide and chloride export price amounted to $X per ton, increasing by 31% against the previous year. Over the period under review, the export price posted a resilient increase. 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: amid the top suppliers, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Austria

In 2022, the amount of benzoyl peroxide and benzoyl chloride imported into Austria declined to X tons, approximately reflecting the previous year. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 21%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, benzoyl peroxide and chloride imports surged to $X in 2022. In general, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Poland (X tons) and the Netherlands (X tons) were the main suppliers of benzoyl peroxide and chloride imports to Austria, together accounting for 84% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +56.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest benzoyl peroxide and chloride suppliers to Austria were Germany ($X), Poland ($X) and the Netherlands ($X), with a combined 83% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +56.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average benzoyl peroxide and chloride import price amounted to $X per ton, jumping by 40% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, benzoyl peroxide and chloride import price increased by +37.3% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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