Austria: Imines Market 2024

Imines Market Size in Austria

The Austrian imines market contracted to $X in 2021, declining by -3.7% against the previous year. Overall, consumption, however, saw buoyant growth. As a result, consumption attained the peak level of $X, and then contracted modestly in the following year.

Imines Production in Austria

In value terms, imines production reduced slightly to $X in 2021 estimated in export price. Overall, production, however, showed prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of 55%. Imines production peaked at $X in 2020, and then dropped slightly in the following year.

Imines Exports

Exports from Austria

In 2021, imines exports from Austria stood at X kg, remaining constant against the year before. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2019 with an increase of 325% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, imines exports soared to $X in 2021. In general, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 1,032%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Switzerland (X kg) and the United States (X kg) were the main destinations of imines exports from Austria. Moreover, imines exports in Switzerland exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of -42.8%).

In value terms, Switzerland ($X) remains the key foreign market for imines and their derivatives and salts thereof exports from Austria, comprising 82% of total exports. The second position in the ranking was held by the United States ($X), with an 8.3% share of total exports. It was followed by the Netherlands, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value to Switzerland stood at -41.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-71.5% per year) and the Netherlands (-72.8% per year).

Export Prices by Country

The average imines export price stood at $X per ton in 2021, increasing by 30% against the previous year. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 166%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Hungary ($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 South Africa (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imines Imports

Imports into Austria

In 2021, after three years of growth, there was significant decline in supplies from abroad of imines and their derivatives and salts thereof, when their volume decreased by -9.2% to X tons. Over the period under review, total imports indicated mild growth from 2012 to 2021: its volume 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, imports increased by +48.3% against 2015 indices. The most prominent rate of growth was recorded in 2019 with an increase of 22%. Imports peaked at X tons in 2020, and then shrank in the following year.

In value terms, imines imports skyrocketed to $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +101.4% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), South Korea (X tons) and Belgium (X tons) were the main suppliers of imines imports to Austria, together comprising 69% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +52.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of imines and their derivatives and salts thereof to Austria, comprising 46% of total imports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total imports. It was followed by South Korea, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+53.7% per year) and South Korea (+9.2% per year).

Import Prices by Country

In 2021, the average imines import price amounted to $X per ton, increasing by 51% against the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imines import price increased by +67.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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