Austria: Polyethylene Binder Market 2025

Polyethylene Binder Market Size in Austria

In 2022, the Austrian polyethylene binder market decreased by -1.5% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a noticeable shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Polyethylene Binder Production in Austria

In value terms, polyethylene binder production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a precipitous curtailment. Polyethylene binder production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Polyethylene Binder Exports

Exports from Austria

In 2022, exports of polyethylene or polypropylene binder or baler (agricultural) twines from Austria reached X tons, surging by 2.8% against the previous year's figure. In general, exports, however, recorded a dramatic slump. The growth pace was the most rapid in 2019 with an increase of 144%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, polyethylene binder exports declined remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2019 when exports increased by 243% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for polyethylene binder exports from Austria, with a 80% share of total exports. Moreover, polyethylene binder exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), sevenfold. The third position in this ranking was held by Hungary (X tons), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +30.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+121.8% per year) and Hungary (-1.0% per year).

In value terms, Germany ($X) remains the key foreign market for polyethylene or polypropylene binder or baler (agricultural) twines exports from Austria, comprising 78% of total exports. The second position in the ranking was held by Switzerland ($X), with a 10% share of total exports. It was followed by Hungary, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +35.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+109.6% per year) and Hungary (-3.3% per year).

Export Prices by Country

In 2022, the average polyethylene binder export price amounted to $X per ton, reducing by -19% against the previous year. Overall, the export price, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 155%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, 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 Romania ($X per ton), while the average price for exports to Switzerland ($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 Romania (+59.4%), while the prices for the other major destinations experienced more modest paces of growth.

Polyethylene Binder Imports

Imports into Austria

In 2022, overseas purchases of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -13.2% to X tons, falling for the third year in a row after three years of growth. Overall, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 69%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, polyethylene binder imports contracted to $X in 2022. In general, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 31%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of polyethylene binder to Austria, with a 65% share of total imports. Moreover, polyethylene binder imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. The third position in this ranking was held by Portugal (X tons), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+22.9% per year) and Portugal (-4.4% per year).

In value terms, Germany ($X) constituted the largest supplier of polyethylene or polypropylene binder or baler (agricultural) twines to Austria, comprising 67% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+21.4% per year) and the Netherlands (-8.3% per year).

Import Prices by Country

In 2022, the average polyethylene binder import price amounted to $X per ton, picking up by 6.9% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyethylene binder import price increased by +63.8% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 the Netherlands ($X per ton), while the price for Italy ($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 (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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