Austria: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Austria

The Austrian double or complex silicates market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Exports of Double Or Complex Silicates

Exports from Austria

In 2021, overseas shipments of double or complex silicates increased by 30% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, faced a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 1,859%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, double or complex silicates exports surged to $X in 2021. Overall, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 315%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for double or complex silicates exports from Austria, accounting for a 75% share of total exports. Moreover, double or complex silicates exports to France exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was taken by Croatia (X tons), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1,137.3% per year) and Croatia (+35.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for double or complex silicates exports from Austria, comprising 63% of total exports. The second position in the ranking was taken by France ($X), with a 25% share of total exports. It was followed by Croatia, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +2,123.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-9.5% per year) and Croatia (+30.7% per year).

Export Prices by Country

In 2021, the average double or complex silicates export price amounted to $X per ton, picking up by 110% against the previous year. Overall, the export price saw a perceptible increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 119% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

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 the United States ($X per ton), while the average price for exports to Turkey ($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 United States (+77.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Double Or Complex Silicates

Imports into Austria

In 2021, approx. X tons of double or complex silicates were imported into Austria; standing approx. at the year before. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 19%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, double or complex silicates imports rose slightly to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 33%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Slovenia (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of double or complex silicates imports to Austria, with a combined 93% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +13.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest double or complex silicates suppliers to Austria were Slovenia ($X), the Netherlands ($X) and Germany ($X), together comprising 94% of total imports.

The Netherlands, with a CAGR of +11.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average double or complex silicates import price amounted to $X per ton, with an increase of 3.3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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