Austria: Acyclic Hydrocarbons Derivatives Market 2024

Acyclic Hydrocarbons Derivatives Market Size in Austria

In 2021, after three years of growth, there was significant decline in the Austrian acyclic hydrocarbons derivatives market, when its value decreased by -11.3% to $X. Overall, consumption enjoyed a prominent expansion. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Acyclic Hydrocarbons Derivatives Production in Austria

In value terms, acyclic hydrocarbons derivatives production declined to $X in 2021 estimated in export price. Overall, production saw a prominent increase. The growth pace was the most rapid in 2019 when the production volume increased by 43%. Over the period under review, production hit record highs at $X in 2020, and then declined in the following year.

Acyclic Hydrocarbons Derivatives Exports

Exports from Austria

In 2021, exports of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons from Austria stood at X tons, growing by 2.3% on the previous year. In general, exports enjoyed a notable expansion. The pace of growth was the most pronounced in 2020 when exports increased by 100%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, acyclic hydrocarbons derivatives exports surged to $X in 2021. Overall, exports showed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 146% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The Czech Republic (X tons) was the main destination for acyclic hydrocarbons derivatives exports from Austria, accounting for a 62% share of total exports. Moreover, acyclic hydrocarbons derivatives exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was held by Slovakia (X tons), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic stood at +36.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.3% per year) and Slovakia (+61.1% per year).

In value terms, the Czech Republic ($X), Germany ($X) and Slovakia ($X) constituted the largest markets for acyclic hydrocarbons derivatives exported from Austria worldwide, with a combined 84% share of total exports. The Netherlands, Switzerland, Russia, Hungary, Saudi Arabia, Italy and Poland lagged somewhat behind, together comprising a further 9.1%.

Russia, with a CAGR of +81.3%, recorded the highest growth rate of the value of exports, among 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

The average acyclic hydrocarbons derivatives export price stood at $X per ton in 2021, with an increase of 41% against the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 72% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Slovakia ($X per ton), while the average price for exports to Russia ($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 Germany (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Acyclic Hydrocarbons Derivatives Imports

Imports into Austria

In 2021, supplies from abroad of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons decreased by -7% to X tons, falling for the third year in a row after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of 28%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, acyclic hydrocarbons derivatives imports fell dramatically to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 66%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of acyclic hydrocarbons derivatives to Austria, accounting for a 57% share of total imports. Moreover, acyclic hydrocarbons derivatives imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-6.9% per year) and Poland (+133.5% per year).

In value terms, Germany ($X) constituted the largest supplier of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons to Austria, comprising 58% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 23% share of total imports. It was followed by Poland, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+7.3% per year) and Poland (+143.5% per year).

Import Prices by Country

The average acyclic hydrocarbons derivatives import price stood at $X per ton in 2021, which is down by -14.9% against the previous year. Overall, the import price, however, recorded a prominent expansion. The growth pace was the most rapid in 2020 an increase of 44% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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