Austria: Modelling Pastes Market 2024

Modelling Pastes Market Size in Austria

The Austrian modelling pastes market expanded modestly to $X in 2021, with an increase of 4.4% against the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +16.7% against 2019 indices. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Modelling Pastes Production in Austria

In value terms, modelling pastes production contracted dramatically to $X in 2021 estimated in export price. Overall, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 259%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Modelling Pastes Exports

Exports from Austria

For the eighth year in a row, Austria recorded growth in shipments abroad of modelling pastes, dental wax and dental impression compounds, which increased by 5% to X tons in 2021. Overall, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 47%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, modelling pastes exports surged to $X in 2021. In general, total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.5% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Germany (X tons) and the Czech Republic (X tons) were the main destinations of modelling pastes exports from Austria, with a combined 63% share of total exports. These countries were followed by Hungary, the Netherlands, Croatia, France, Slovakia, Australia, Cyprus, Romania, the UK and Slovenia, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +125.8%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest markets for modelling pastes exported from Austria worldwide, with a combined 71% share of total exports. Australia, France, the UK, Hungary, the Czech Republic, Croatia, Romania, Slovenia, Slovakia and Cyprus lagged somewhat behind, together comprising a further 16%.

Australia, with a CAGR of +120.5%, recorded the highest growth rate of the value of exports, in terms of 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 2021, the average modelling pastes export price amounted to $X per ton, growing by 25% against the previous year. In general, the export price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. 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.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Cyprus ($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 Romania (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into Austria

Modelling pastes imports into Austria rose to X tons in 2021, surging by 1.8% on the previous year. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -4.8% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 30% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, modelling pastes imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest modelling pastes supplier to Austria, with a 70% share of total imports. Moreover, modelling pastes imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), tenfold. The third position in this ranking was held by Italy (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.4% per year) and Italy (+29.6% per year).

In value terms, Germany ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Austria, comprising 73% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 5.6% share of total imports. It was followed by Italy, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+18.6% per year) and Italy (+28.9% per year).

Import Prices by Country

In 2021, the average modelling pastes import price amounted to $X per ton, rising by 15% against the previous year. Overall, the import price, however, saw a slight decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Slovakia ($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 (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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