Austria: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Austria

After two years of decline, the Austrian scouring pastes and powders market increased by 11% to $X in 2021. Overall, consumption, however, saw a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Scouring Pastes And Powders in Austria

In value terms, scouring pastes and powders production fell to $X in 2021 estimated in export price. Over the period under review, production, however, saw resilient growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 12% against the previous year. Scouring pastes and powders production peaked at $X in 2020, and then dropped in the following year.

Exports of Scouring Pastes And Powders

Exports from Austria

In 2021, approx. X tons of scouring pastes and powders were exported from Austria; with a decrease of -8.2% against 2020 figures. In general, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2018 when exports increased by 22% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, scouring pastes and powders exports reached $X in 2021. Over the period under review, exports, however, showed a mild increase. The pace of growth appeared the most rapid in 2013 with an increase of 75%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Serbia (X tons) were the main destinations of scouring pastes and powders exports from Austria, with a combined 60% share of total exports. These countries were followed by Hungary, Slovenia, Malaysia, Croatia, Switzerland, Mexico, Bosnia and Herzegovina, Montenegro, Bulgaria and Romania, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +169.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for scouring pastes and powders exports from Austria, comprising 40% of total exports. The second position in the ranking was taken by Mexico ($X), with a 13% share of total exports. It was followed by Malaysia, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+305.3% per year) and Malaysia (+200.1% per year).

Export Prices by Country

In 2021, the average scouring pastes and powders export price amounted to $X per ton, increasing by 9.6% against the previous year. In general, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, scouring pastes and powders export price increased by +84.3% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 60% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+51.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into Austria

In 2021, after two years of decline, there was significant growth in overseas purchases of scouring pastes and powders, when their volume increased by 8% to X tons. Overall, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 23%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, scouring pastes and powders imports rose rapidly to $X in 2021. In general, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2018 with an increase of 13% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Hungary (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of scouring pastes and powders imports to Austria, with a combined 91% share of total imports. Poland lagged somewhat behind, accounting for a further 6.2%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +68.4%), while purchases for the other leaders experienced a decline.

In value terms, the largest scouring pastes and powders suppliers to Austria were Germany ($X), Hungary ($X) and Poland ($X), with a combined 87% share of total imports.

Among the main suppliers, Poland, with a CAGR of +64.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average scouring pastes and powders import price amounted to $X per ton, remaining constant against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2020 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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