Austria: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in Austria

The Austrian soap in different forms market shrank markedly to $X in 2021, which is down by -24.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +26.4% against 2019 indices. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Exports of Soap In Different Forms

Exports from Austria

In 2021, approx. X tons of soap in different forms were exported from Austria; picking up by 127% on the previous year. Overall, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, soap in different forms exports soared to $X in 2021. In general, total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +98.6% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons), Germany (X tons) and Slovenia (X tons) were the main destinations of soap in different forms exports from Austria, with a combined 65% share of total exports. Hungary, Switzerland, the Czech Republic, Italy, Slovakia and Bulgaria lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +13.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soap in different forms exported from Austria were Germany ($X), Romania ($X) and Switzerland ($X), with a combined 52% share of total exports.

Switzerland, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average soap in different forms export price stood at $X per ton in 2021, shrinking by -40.9% against the previous year. Over the period under review, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2020 an increase of 34%. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Romania ($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 Bulgaria (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Soap In Different Forms

Imports into Austria

In 2021, imports of soap in different forms into Austria reached X tons, growing by 1.9% on the previous year's figure. Overall, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.2% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, soap in different forms imports declined markedly to $X in 2021. Over the period under review, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +34.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 71% against the previous year. As a result, imports attained the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest soap in different forms supplier to Austria, accounting for a 77% share of total imports. Moreover, soap in different forms imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), eightfold. The third position in this ranking was taken by Poland (X tons), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+22.3% per year) and Poland (+45.3% per year).

In value terms, Germany ($X) constituted the largest supplier of soap in different forms to Austria, comprising 68% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by the UK, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+23.5% per year) and the UK (-4.5% per year).

Import Prices by Country

In 2021, the average soap in different forms import price amounted to $X per ton, declining by -22.9% against the previous year. Overall, the import price recorded a mild contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 28%. As a result, import price reached the peak level of $X per ton, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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