Austria: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2024

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Austria

The Austrian market for hormones, prostaglandins, thromboxanes and leukotrienes soared to $X in 2021, picking up by 113% against the previous year. In general, consumption continues to indicate significant growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Austria

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production surged to $X in 2021 estimated in export price. Overall, production enjoyed resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 144%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Austria

In 2021, shipments abroad of hormones, prostaglandins, thromboxanes and leukotrienes decreased by -34.9% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of 369%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports dropped sharply to $X in 2021. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2017 when exports increased by 289% 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

France (X tons) was the main destination for hormones, prostaglandins, thromboxanes and leukotrienes exports from Austria, accounting for a 88% share of total exports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes exports to France exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to France totaled -20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.5% per year) and Switzerland (+10.7% per year).

In value terms, France ($X) remains the key foreign market for hormones, prostaglandins, thromboxanes and leukotrienes exports from Austria, comprising 81% of total exports. The second position in the ranking was held by Germany ($X), with a 4.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+14.5% per year) and Switzerland (-10.4% per year).

Export Prices by Country

The average export price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2021, which is down by -68.4% against the previous year. Overall, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 1,207%. As a result, the export price attained the peak level of $X per kg. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per kg), while the average price for exports to France ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Austria

In 2021, overseas purchases of hormones, prostaglandins, thromboxanes and leukotrienes increased by 242% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports surged to $X in 2021. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2017 when imports increased by 20%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Switzerland (X tons) constituted the largest hormones, prostaglandins, thromboxanes and leukotrienes supplier to Austria, accounting for a 73% share of total imports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes imports from Switzerland exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold. France (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Switzerland amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.2% per year) and France (+50.7% per year).

In value terms, Switzerland ($X) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to Austria, comprising 86% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports. It was followed by France, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Switzerland totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.3% per year) and France (+3.8% per year).

Import Prices by Country

The average import price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2021, declining by -65.5% against the previous year. Overall, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per kg. From 2018 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, the country with the highest price was Switzerland ($X per kg), while the price for France ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (-4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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