Report Update Nov 1, 2024

Austria - O-Acetylsalicylic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Austria: O-Acetylsalicylic Acid Market 2024

O-Acetylsalicylic Acid Market Size in Austria

The Austrian o-acetylsalicylic acid market declined slightly to $X in 2021, approximately equating 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, however, enjoyed resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

O-Acetylsalicylic Acid Exports

Exports from Austria

In 2021, after two years of growth, there was significant decline in overseas shipments of o-acetylsalicylic acid, its salts and esters, when their volume decreased by -93.9% to X tons. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 13,358%. As a result, the exports reached the peak of X tons, and then fell notably in the following year.

In value terms, o-acetylsalicylic acid exports contracted dramatically to $X in 2021. Over the period under review, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 13,418%. As a result, the exports attained the peak of $X, and then fell significantly in the following year.

Exports by Country

France (X tons) was the main destination for o-acetylsalicylic acid exports from Austria, accounting for a 82% share of total exports. Moreover, o-acetylsalicylic acid exports to France exceeded the volume sent to the second major destination, Russia (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +1,335.3%.

In value terms, France ($X) emerged as the key foreign market for o-acetylsalicylic acid, its salts and esters exports from Austria, comprising 85% of total exports. The second position in the ranking was taken by Russia ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France stood at +1,511.3%.

Export Prices by Country

In 2021, the average o-acetylsalicylic acid export price amounted to $X per ton, falling by -78.4% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 69% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Russia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.3%), while the prices for the other major destinations experienced a decline.

O-Acetylsalicylic Acid Imports

Imports into Austria

O-acetylsalicylic acid imports into Austria reduced rapidly to X tons in 2021, with a decrease of -26.4% against 2020 figures. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 66%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, o-acetylsalicylic acid imports fell to $X in 2021. In general, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2018 when imports increased by 85%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest o-acetylsalicylic acid supplier to Austria, accounting for a 75% share of total imports. Moreover, o-acetylsalicylic acid imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from France stood at +7.7%.

In value terms, the largest o-acetylsalicylic acid suppliers to Austria were Germany ($X) and France ($X).

Germany, with a CAGR of +11.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average o-acetylsalicylic acid import price stood at $X per ton in 2021, rising by 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid consumption in 2020 were the United States, China and Russia, together comprising 36% of global consumption. Thailand, Italy, Germany, South Africa, Kenya, Mexico, Ukraine, Brazil, Argentina and Belarus lagged somewhat behind, together comprising a further 35%.

What are the largest producers of o-acetylsalicylic acid, its salts and esters in the world?

The countries with the highest volumes of o-acetylsalicylic acid production in 2020 were China, Spain and Thailand, with a combined 96% share of global production. Ecuador lagged somewhat behind, accounting for a further 1.6%.

What are the leading suppliers of o-acetylsalicylic acid, its salts and esters to Austria?

In value terms, France and Germany constituted the largest o-acetylsalicylic acid suppliers to Austria.

What are the leading importers of o-acetylsalicylic acid, its salts and esters from Austria?

In value terms, Germany remains the key foreign market for o-acetylsalicylic acid exports from Austria, comprising 92% of total exports. The second position in the ranking was occupied by Ukraine, with a 6.2% share of total exports.

What is the average export price for o-acetylsalicylic acid, its salts and esters in Austria?

In 2020, the average o-acetylsalicylic acid export price amounted to $6,994 per ton, growing by 3.8% against the previous year.

What is the average import price for o-acetylsalicylic acid, its salts and esters in Austria?

The average o-acetylsalicylic acid import price stood at $7,861 per ton in 2020, declining by -14.8% against the previous year.

This report provides an in-depth analysis of the o-acetylsalicylic acid market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21101050 - O-acetylsalicylic acid, its salts and esters

Country coverage:

Austria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Austria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023