Austria: Melamine Resins Market 2024

Melamine Resins Market Size in Austria

The Austrian melamine resins market contracted to $X in 2021, almost unchanged from the previous year. Overall, consumption, however, recorded prominent growth. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Melamine Resins Production in Austria

In value terms, melamine resins production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 39%. Melamine resins production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Melamine Resins Exports

Exports from Austria

In 2019, shipments abroad of melamine resins in primary forms increased by 0.9% to X tons, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of +4.2% from 2012 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by 31%. The exports peaked in 2019 and are expected to retain growth in the near future.

In value terms, melamine resins exports fell to $X in 2019. The total export value increased at an average annual rate of +3.4% from 2012 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by 37% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018, and then shrank in the following year.

Exports by Country

Germany (X tons) was the main destination for melamine resins exports from Austria, accounting for a 91% share of total exports. It was followed by Hungary (X tons), with a 3% share of total exports. The third position in this ranking was taken by the Czech Republic (X tons), with a 1.6% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Germany amounted to +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-0.2% per year) and the Czech Republic (+27.7% per year).

In value terms, Germany ($X) remains the key foreign market for melamine resins in primary forms exports from Austria, comprising 86% of total exports. The second position in the ranking was taken by Hungary ($X), with a 3.3% share of total exports. It was followed by the United States, with a 2.9% share.

From 2012 to 2019, the average annual growth rate of value to Germany totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-1.3% per year) and the United States (+10.7% per year).

Export Prices by Country

The average melamine resins export price stood at $X per ton in 2019, dropping by -8.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 19%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2019, the average export prices remained at a lower figure.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Melamine Resins Imports

Imports into Austria

In 2021, the amount of melamine resins in primary forms imported into Austria contracted remarkably to X tons, dropping by -15.4% compared with 2020 figures. In general, imports saw a noticeable reduction. The growth pace was the most rapid in 2016 with an increase of 20%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, melamine resins imports soared to $X in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Sweden (X tons) and Slovenia (X tons) were the main suppliers of melamine resins imports to Austria, together comprising 93% of total imports. These countries were followed by Hungary and Italy, which together accounted for a further 3.6%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +136.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of melamine resins in primary forms to Austria, comprising 58% of total imports. The second position in the ranking was taken by Sweden ($X), with a 28% share of total imports. It was followed by Slovenia, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+14.3% per year) and Slovenia (+1.7% per year).

Import Prices by Country

The average melamine resins import price stood at $X per ton in 2021, rising by 45% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, melamine resins import price increased by +36.7% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Slovenia ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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