Austria: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Austria

In 2022, after five years of growth, there was significant decline in the Austrian phosphinates and phosphonates market, when its value decreased by -7.3% to $X. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +83.2% against 2016 indices. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Phosphinates And Phosphonates Production in Austria

In value terms, phosphinates and phosphonates production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 81%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Phosphinates And Phosphonates Exports

Exports from Austria

In 2022, exports of phosphinates (hypophosphites) and phosphonates (phosphites) from Austria plummeted to X tons, shrinking by -32.4% compared with 2021. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 138%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, phosphinates and phosphonates exports contracted markedly to $X in 2022. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 66%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Russia (X tons) and Hungary (X kg) were the main destinations of phosphinates and phosphonates exports from Austria, together accounting for 96% of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +44.4%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for phosphinates and phosphonates exported from Austria were Russia ($X), Germany ($X) and Hungary ($X), with a combined 97% share of total exports.

In terms of the main countries of destination, Russia, with a CAGR of +73.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average phosphinates and phosphonates export price amounted to $X per ton, growing by 14% against the previous year. Overall, the export price enjoyed prominent growth. The growth pace was the most rapid in 2020 an increase of 117%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Turkey ($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 Russia (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphinates And Phosphonates Imports

Imports into Austria

In 2022, the amount of phosphinates (hypophosphites) and phosphonates (phosphites) imported into Austria declined to X tons, waning by -5.4% on 2021. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, phosphinates and phosphonates imports declined to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of phosphinates and phosphonates imports to Austria, together accounting for 97% of total imports. France, Slovenia and the UK lagged somewhat behind, together comprising a further 3.2%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +12.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of phosphinates (hypophosphites) and phosphonates (phosphites) to Austria, comprising 78% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by Italy, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (0.0% per year) and Italy (+2.5% per year).

Import Prices by Country

The average phosphinates and phosphonates import price stood at $X per ton in 2022, falling by -7.8% against the previous year. Overall, the import price, however, saw a strong expansion. The growth pace was the most rapid in 2013 when the average import price increased by 56%. The import price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :