Austria: Propylene Oxide Market 2025

Propylene Oxide Market Size in Austria

The Austrian propylene oxide market skyrocketed to $X in 2021, surging by 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a strong expansion. Propylene oxide consumption peaked in 2021 and is likely to continue growth in years to come.

Propylene Oxide Exports

Exports from Austria

In 2021, exports of methyloxirane (propylene oxide) from Austria surged to X kg, jumping by 257% compared with 2020 figures. Over the period under review, exports, however, faced a abrupt descent. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, propylene oxide exports soared to $X in 2021. In general, exports, however, showed a abrupt decline. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X kg) was the main destination for propylene oxide exports from Austria, with a 80% share of total exports. Moreover, propylene oxide exports to Russia exceeded the volume sent to the second major destination, Romania (X kg), fivefold.

From 2013 to 2021, the average annual growth rate of volume to Russia stood at +69.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+4.4% per year) and Slovenia (-16.3% per year).

In value terms, Russia ($X) remains the key foreign market for methyloxirane (propylene oxide) exports from Austria, comprising 80% of total exports. The second position in the ranking was taken by Romania ($X), with a 17% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of value to Russia amounted to +141.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+37.4% per year) and Slovenia (+54.9% per year).

Export Prices by Country

In 2021, the average propylene oxide export price amounted to $X per ton, with an increase of 42% against the previous year. In general, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 184%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+91.3%), while the prices for the other major destinations experienced more modest paces of growth.

Propylene Oxide Imports

Imports into Austria

In 2021, the amount of methyloxirane (propylene oxide) imported into Austria reached X tons, surging by 3.6% compared with 2020 figures. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 48% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, propylene oxide imports soared to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 37% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, the Netherlands (X tons) was the main supplier of propylene oxide to Austria, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at +10.7%.

In value terms, the Netherlands ($X) constituted the largest supplier of methyloxirane (propylene oxide) to Austria.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +9.3%.

Import Prices by Country

The average propylene oxide import price stood at $X per ton in 2021, increasing by 22% against the previous year. Over the period under review, the import price, however, showed a slight setback. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -1.2% per year.

Source: IndexBox Platform

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