Austria: Lactam Market 2025

Lactam Market Size in Austria

The Austrian lactam market expanded sharply to $X in 2021, picking up by 13% against the previous year. Overall, consumption posted a strong expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Lactam Production in Austria

In value terms, lactam production soared to $X in 2021 estimated in export price. Over the period under review, production saw a strong expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 62%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Lactam Exports

Exports from Austria

In 2021, shipments abroad of lactams from heterocyclic compounds increased by 12% to X tons, rising for the fourth year in a row after two years of decline. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 431%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, lactam exports skyrocketed to $X in 2021. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 1,390% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Switzerland (X tons) was the main destination for lactam exports from Austria, accounting for a 93% share of total exports. It was followed by Turkey (X tons), with a 2.9% share of total exports. Romania (X tons) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Switzerland amounted to +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+524.8% per year) and Romania (+121.8% per year).

In value terms, Switzerland ($X) remains the key foreign market for lactams from heterocyclic compounds exports from Austria, comprising 95% of total exports. The second position in the ranking was held by Romania ($X), with a 1.5% share of total exports. It was followed by Turkey, with a 0.7% share.

From 2012 to 2021, the average annual growth rate of value to Switzerland totaled +38.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+136.4% per year) and Turkey (+316.2% per year).

Export Prices by Country

The average lactam export price stood at $X per ton in 2021, surging by 4.5% against the previous year. In general, the export price posted a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 560%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Turkey ($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 UK (+83.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lactam Imports

Imports into Austria

In 2021, overseas purchases of lactams from heterocyclic compounds decreased by -24.6% to X tons, falling for the second year in a row after three years of growth. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 44% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, lactam imports declined to $X in 2021. Overall, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 41% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest lactam supplier to Austria, with a 70% share of total imports. Moreover, lactam imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), sevenfold. The third position in this ranking was taken by China (X tons), with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-11.0% per year) and China (+0.9% per year).

In value terms, Germany ($X) constituted the largest supplier of lactams from heterocyclic compounds to Austria, comprising 67% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by Taiwan (Chinese), with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.0% per year) and Taiwan (Chinese) (0.0% per year).

Import Prices by Country

The average lactam import price stood at $X per ton in 2021, growing by 22% against the previous year. In general, the import price showed a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 70% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

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 China ($X per ton), while the price for the Czech Republic ($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 (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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