Austria: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Austria

For the fourth consecutive year, the Austrian market for polyethylene terephthalate and other polyethylene terephthalate in primary forms recorded decline in sales value, which decreased by 0% to less than $X in 2022. Over the period under review, consumption recorded a abrupt downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Austria

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 5,574% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from Austria

In 2020, shipments abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by -0.8% to X tons, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 7.6% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2020, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted to $X in 2020. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 6.4% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2020, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Egypt (X tons) was the main destination for exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Austria, with a 82% share of total exports. Moreover, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Egypt exceeded the volume sent to the second major destination, Mexico (X tons), fivefold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Egypt was relatively modest.

In value terms, Egypt ($X) emerged as the key foreign market for polyethylene terephthalate and other polyethylene terephthalate in primary forms exports from Austria, comprising 83% of total exports. The second position in the ranking was held by Mexico ($X), with a 17% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Egypt was relatively modest.

Export Prices by Country

The average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2020, dropping by -5.1% against the previous year. In general, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of 7.3%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2020, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Mexico totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-8.1%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into Austria

In 2016, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms into Austria amounted to X tons, remaining relatively unchanged against the previous year. Over the period under review, imports, however, continue to indicate a mild reduction. The pace of growth was the most pronounced in 2014 with an increase of 2.3% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2016, the growth of imports of failed to regain momentum.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted to $X in 2016. In general, imports, however, saw a abrupt setback. The smallest decline of -0.3% was in 2013. Imports peaked at $X in 2012; however, from 2013 to 2016, imports remained at a lower figure.

Imports by Country

In 2016, Germany (X tons) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Austria, accounting for a 57% share of total imports. Moreover, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2016, the average annual rate of growth in terms of volume from Germany stood at +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+17.8% per year) and Italy (-23.7% per year).

In value terms, Germany ($X) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Austria, comprising 57% of total imports. The second position in the ranking was taken by Poland ($X), with a 13% share of total imports. It was followed by Italy, with a 9.2% share.

From 2012 to 2016, the average annual rate of growth in terms of value from Germany amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+7.3% per year) and Italy (-36.4% per year).

Import Prices by Country

The average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, dropping by -12.1% against the previous year. In general, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 0.3%. As a result, import price reached the peak level of $X per ton. From 2014 to 2016, the average import prices remained at a somewhat lower figure.

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 2016, the most notable rate of growth in terms of prices was attained by Serbia (-4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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