Austria: Fluoropolymers Market 2024

Fluoropolymers Market Size in Austria

The Austrian fluoropolymers market surged to $X in 2021, picking up by 70% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Fluoropolymers consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Fluoropolymers Production in Austria

In value terms, fluoropolymers production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild curtailment. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Fluoropolymers Exports

Exports from Austria

In 2021, the amount of fluoropolymers exported from Austria surged to X tons, increasing by 74% against the year before. Over the period under review, exports recorded a noticeable expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 223%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, fluoropolymers exports soared to $X in 2021. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 260% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for fluoropolymers exports from Austria, accounting for a 78% share of total exports. Moreover, fluoropolymers exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), tenfold. Italy (X tons) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+12.0% per year) and Italy (+40.6% per year).

In value terms, Germany ($X) remains the key foreign market for fluoropolymers exports from Austria, comprising 70% of total exports. The second position in the ranking was held by Hungary ($X), with an 8.2% share of total exports. It was followed by Italy, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +13.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+17.6% per year) and Italy (+49.2% per year).

Export Prices by Country

In 2021, the average fluoropolymers export price amounted to $X per ton, rising by 58% against the previous year. Over the period under review, the export price showed a pronounced expansion. The most prominent rate of growth was recorded in 2013 an increase of 100%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to France ($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 (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fluoropolymers Imports

Imports into Austria

In 2021, fluoropolymers imports into Austria expanded slightly to X tons, picking up by 2% against the year before. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +25.7% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, fluoropolymers imports skyrocketed to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of fluoropolymers to Austria, accounting for a 53% share of total imports. Moreover, fluoropolymers imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.5% per year) and the Netherlands (+4.2% per year).

In value terms, France ($X) constituted the largest supplier of fluoropolymers to Austria, comprising 51% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.8% per year) and Belgium (+25.5% per year).

Import Prices by Country

In 2021, the average fluoropolymers import price amounted to $X per ton, jumping by 62% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, 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 Belgium ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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