Austria: Lysine Market 2024

Lysine Market Size in Austria

In 2022, the Austrian lysine market increased by 18% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.4% against 2019 indices. Lysine consumption peaked in 2022 and is expected to retain growth in the immediate term.

Lysine Exports

Exports from Austria

In 2022, lysine exports from Austria surged to X tons, rising by 217% compared with 2021. In general, exports continue to indicate a pronounced increase. The most prominent rate of growth was recorded in 2019 when exports increased by 630% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, lysine exports skyrocketed to $X in 2022. Overall, exports recorded mild growth. The growth pace was the most rapid in 2017 with an increase of 1,359% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons), Germany (X tons) and Slovenia (X tons) were the main destinations of lysine exports from Austria, with a combined 94% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +108.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lysine exported from Austria were Germany ($X), the Netherlands ($X) and Slovenia ($X), with a combined 87% share of total exports.

The Netherlands, with a CAGR of +54.0%, saw 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

In 2022, the average lysine export price amounted to $X per ton, dropping by -38% against the previous year. In general, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 353% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Lysine Imports

Imports into Austria

In 2022, purchases abroad of lysine and its esters, and salts thereof decreased by -0.5% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 32%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, lysine imports soared to $X in 2022. Overall, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Lithuania (X tons) were the main suppliers of lysine imports to Austria, with a combined 76% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +34.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Lithuania ($X) were the largest lysine suppliers to Austria, together accounting for 77% of total imports.

Lithuania, with a CAGR of +31.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average lysine import price amounted to $X per ton, jumping by 25% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 35%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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