Austria: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in Austria

For the fourth year in a row, the Austrian organo-inorganic compounds market recorded growth in sales value, which increased by 22% to $X in 2021. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +104.6% against 2017 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Organo-Inorganic Compounds Exports

Exports from Austria

In 2021, approx. X tons of organo-inorganic compounds (excluding organo-sulphur compounds) were exported from Austria; increasing by 7.4% compared with 2020. Overall, total exports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -13.6% against 2017 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 51%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, organo-inorganic compounds exports surged to $X in 2021. Over the period under review, exports saw a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 203%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), Russia (X tons) and Hungary (X tons) were the main destinations of organo-inorganic compounds exports from Austria, together accounting for 86% of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +81.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for organo-inorganic compounds exported from Austria were Hungary ($X), Germany ($X) and Russia ($X), together comprising 87% of total exports.

Among the main countries of destination, Hungary, with a CAGR of +114.2%, recorded the highest growth rate of the value of exports, 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 organo-inorganic compounds export price amounted to $X per ton, rising by 23% against the previous year. In general, the export price saw a notable expansion. The growth pace was the most rapid in 2017 an increase of 109%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, 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 Kazakhstan ($X per ton), while the average price for exports to Iran ($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 Kazakhstan (+34.1%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports into Austria

In 2021, the amount of organo-inorganic compounds (excluding organo-sulphur compounds) imported into Austria totaled X tons, remaining relatively unchanged against the previous year. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 39% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, organo-inorganic compounds imports surged to $X in 2021. Overall, imports recorded a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 73% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of organo-inorganic compounds imports to Austria, together accounting for 81% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +36.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of organo-inorganic compounds (excluding organo-sulphur compounds) to Austria, comprising 57% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +45.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.4% per year) and Belgium (-3.1% per year).

Import Prices by Country

The average organo-inorganic compounds import price stood at $X per ton in 2021, growing by 33% against the previous year. Over the period under review, the import price showed resilient growth. The growth pace was the most rapid in 2020 an increase of 51%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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