Austria: Aromatic Monoamines Market 2024

Aromatic Monoamines Market Size in Austria

The Austrian aromatic monoamines market surged to $X in 2021, growing by 152% 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 enjoyed significant growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Aromatic Monoamines Exports

Exports from Austria

In 2021, approx. X tons of other aromatic monoamines and their derivatives, salts thereof were exported from Austria; jumping by 46% on the previous year's figure. Over the period under review, exports recorded a modest expansion. The growth pace was the most rapid in 2013 when exports increased by 101% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, aromatic monoamines exports surged to $X in 2021. In general, exports recorded a prominent expansion. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for aromatic monoamines exports from Austria, accounting for a 51% share of total exports. Moreover, aromatic monoamines exports to Sweden exceeded the volume sent to the second major destination, Hungary (X tons), twofold. The third position in this ranking was held by China (X kg), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+23.8% per year) and China (+9.5% per year).

In value terms, Sweden ($X) emerged as the key foreign market for other aromatic monoamines and their derivatives, salts thereof exports from Austria, comprising 92% of total exports. The second position in the ranking was taken by Hungary ($X), with a 2.8% share of total exports. It was followed by China, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+11.6% per year) and China (+9.4% per year).

Export Prices by Country

The average aromatic monoamines export price stood at $X per ton in 2021, with an increase of 355% against the previous year. In general, the export price posted a temperate expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Germany ($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 Iran (+5.3%), while the prices for the other major destinations experienced a decline.

Aromatic Monoamines Imports

Imports into Austria

Aromatic monoamines imports into Austria surged to X tons in 2021, with an increase of 137% compared with 2020 figures. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 164%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, aromatic monoamines imports surged to $X in 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,355% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Denmark (X tons), the Netherlands (X tons) and Switzerland (X tons) were the main suppliers of aromatic monoamines imports to Austria, with a combined 88% share of total imports. These countries were followed by the Czech Republic, Belgium, Germany and China, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +93.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of other aromatic monoamines and their derivatives, salts thereof to Austria, comprising 77% of total imports. The second position in the ranking was held by Denmark ($X), with a 9.4% share of total imports. It was followed by the Netherlands, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from Switzerland amounted to +35.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+9.4% per year) and the Netherlands (+83.7% per year).

Import Prices by Country

In 2021, the average aromatic monoamines import price amounted to $X per ton, jumping by 24% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth was the most pronounced in 2017 an increase of 450%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Denmark ($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 (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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