Austria: Phenols Market 2024

Phenols Market Size in Austria

The Austrian phenols market dropped to $X in 2022, approximately mirroring the previous year. Over the period under review, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Phenols consumption peaked at $X in 2021, and then contracted modestly in the following year.

Phenols Production in Austria

In value terms, phenols production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Phenols production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Phenols Exports

Exports from Austria

Phenols exports from Austria dropped notably to X tons in 2022, with a decrease of X% against the year before. In general, exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, phenols exports soared to $X in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons), the UK (X tons) and France (X tons) were the main destinations of phenols exports from Austria, together comprising X% of total exports. Canada, the United States, Mexico, Bosnia and Herzegovina, Israel, the Czech Republic, Morocco, Poland and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Germany ($X) constituted the largest markets for phenols exported from Austria worldwide, with a combined X% share of total exports.

Among the main countries of destination, France, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average phenols export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price saw significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Phenols Imports

Imports into Austria

In 2022, supplies from abroad of phenols decreased by X% to X tons, falling for the second consecutive year after five years of growth. Over the period under review, imports saw a perceptible descent. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, phenols imports contracted modestly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main suppliers of phenols imports to Austria, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the largest phenols suppliers to Austria, with a combined X% share of total imports.

In terms of the main suppliers, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average phenols import price amounted to $X per ton, with an increase of X% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked in 2022 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 the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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