Austria: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Austria

The Austrian prepared additives for cements market dropped sharply to $X in 2022, with a decrease of -15.1% against the previous year. Over the period under review, consumption, however, showed a prominent increase. Prepared additives for cements consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Additives For Cements, Mortars Or Concretes in Austria

In value terms, prepared additives for cements production shrank rapidly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by 55% against the previous year. Prepared additives for cements production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Austria

In 2022, the amount of prepared additives for cements, mortars or concretes exported from Austria expanded markedly to X tons, with an increase of 14% against 2021. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 56% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, prepared additives for cements exports reached $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 12%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Slovenia (X tons) and Croatia (X tons) were the main destinations of prepared additives for cements exports from Austria, with a combined 60% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +7.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for prepared additives for cements, mortars or concretes exports from Austria, comprising 37% of total exports. The second position in the ranking was taken by Croatia ($X), with an 8.2% share of total exports. It was followed by Hungary, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (-1.5% per year) and Hungary (+3.8% per year).

Export Prices by Country

The average prepared additives for cements export price stood at $X per ton in 2022, dropping by -5.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Slovenia ($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 Switzerland (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Austria

Prepared additives for cements imports into Austria dropped slightly to X tons in 2022, remaining constant against the previous year's figure. The total import volume increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, prepared additives for cements imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Slovakia (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of prepared additives for cements imports to Austria, together comprising 64% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +67.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), South Korea ($X) and Slovakia ($X) constituted the largest prepared additives for cements suppliers to Austria, with a combined 69% share of total imports.

Slovakia, with a CAGR of +71.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 prepared additives for cements import price amounted to $X per ton, increasing by 17% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 51%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Switzerland ($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 Czech Republic (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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