Austria: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Austria

The Austrian silicon dioxide market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Silicon Dioxide Production in Austria

In value terms, silicon dioxide production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production posted a prominent increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 147%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Silicon Dioxide Exports

Exports from Austria

In 2021, exports of silicon dioxide from Austria contracted to X tons, reducing by -6.9% against the previous year's figure. Over the period under review, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2016 when exports increased by 63% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, silicon dioxide exports dropped to $X in 2021. Overall, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2016 when exports increased by 58%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for silicon dioxide exports from Austria, with a 91% share of total exports. It was followed by Italy (X tons), with a 1.8% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-14.6% per year) and the Netherlands (+4.9% per year).

In value terms, Germany ($X) remains the key foreign market for silicon dioxide exports from Austria, comprising 71% of total exports. The second position in the ranking was held by Italy ($X), with a 4.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-2.7% per year) and the Netherlands (+7.3% per year).

Export Prices by Country

In 2021, the average silicon dioxide export price amounted to $X per ton, which is down by -3.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 when the average export price increased by 13%. As a result, the export price attained the peak level of $X per ton, and then declined modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($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 Italy (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.

Silicon Dioxide Imports

Imports into Austria

In 2021, imports of silicon dioxide into Austria surged to X tons, growing by 30% compared with 2020 figures. The total import volume increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 50%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, silicon dioxide imports soared to $X in 2021. The total import value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of silicon dioxide imports to Austria, with a combined 78% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +57.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of silicon dioxide to Austria, comprising 44% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total imports. It was followed by Belgium, with a 19% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+56.1% per year) and Belgium (+52.0% per year).

Import Prices by Country

In 2021, the average silicon dioxide import price amounted to $X per ton, picking up by 9.7% against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 43% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for France ($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 (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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