Austria: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Austria

The Austrian bituminous mixtures market amounted to $X in 2021, with an increase of 13% against the previous year. Overall, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% 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 +60.6% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in years to come.

Bituminous Mixtures Production in Austria

In value terms, bituminous mixtures production soared to $X in 2021 estimated in export price. In general, the total production indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.8% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 25% against the previous year. Bituminous mixtures production peaked in 2021 and is expected to retain growth in the immediate term.

Bituminous Mixtures Exports

Exports from Austria

In 2021, after two years of decline, there was significant growth in shipments abroad of bituminous mixtures, when their volume increased by 15% to X tons. In general, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 47% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, bituminous mixtures exports soared to $X in 2021. Overall, exports, however, saw a mild contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Switzerland (X tons) and Slovenia (X tons) were the main destinations of bituminous mixtures exports from Austria, together comprising 57% of total exports. Italy, the UK, France, Belgium, Hungary and Slovakia lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +17.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bituminous mixtures exported from Austria were Germany ($X), the UK ($X) and Switzerland ($X), together accounting for 54% of total exports.

Among the main countries of destination, the UK, with a CAGR of +14.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bituminous mixtures export price stood at $X per ton in 2021, surging by 13% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 43%. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($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 Slovenia (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Bituminous Mixtures Imports

Imports into Austria

In 2021, purchases abroad of bituminous mixtures increased by 34% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +10.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 75%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, bituminous mixtures imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern 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) was the main bituminous mixtures supplier to Austria, with a approx. 97% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +10.0%.

In value terms, Germany ($X) constituted the largest supplier of bituminous mixtures to Austria.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +4.9%.

Import Prices by Country

In 2021, the average bituminous mixtures import price amounted to $X per ton, increasing by 3.2% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -4.6% per year.

Source: IndexBox Platform

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