Austria: Soap Market 2024

Soap Market Size in Austria

The Austrian soap market dropped to $X in 2021, which is down by -5.5% against the previous year. The market value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Soap Production in Austria

In value terms, soap production fell dramatically to $X in 2021 estimated in export price. Overall, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 58%. As a result, production reached the peak level of $X, and then shrank notably in the following year.

Soap Exports

Exports from Austria

In 2021, overseas shipments of soap increased by 13% to X tons, rising for the third year in a row after two years of decline. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 97%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, soap exports amounted to $X in 2021. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 72% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Germany (X tons) was the main destination for soap exports from Austria, with a 54% share of total exports. Moreover, soap exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), sixfold. Hungary (X tons) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +24.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+25.6% per year) and Hungary (+6.9% per year).

In value terms, Germany ($X) remains the key foreign market for soap exports from Austria, comprising 52% of total exports. The second position in the ranking was taken by Italy ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+20.8% per year) and the Netherlands (+41.6% per year).

Export Prices by Country

The average soap export price stood at $X per ton in 2021, shrinking by -9.6% against the previous year. Overall, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, soap export price increased by +12.3% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 43%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Romania ($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 the Netherlands (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Soap Imports

Imports into Austria

In 2021, the amount of soap imported into Austria expanded significantly to X tons, with an increase of 5.1% compared with 2020 figures. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.2% against 2013 indices. The pace of growth was the most pronounced in 2020 when imports increased by 21% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, soap imports rose notably to $X in 2021. In general, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +44.8% against 2014 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest soap supplier to Austria, accounting for a 63% share of total imports. Moreover, soap imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), sixfold. The Czech Republic (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+26.9% per year) and the Czech Republic (+6.0% per year).

In value terms, Germany ($X) constituted the largest supplier of soap to Austria, comprising 57% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 13% share of total imports. It was followed by the Czech Republic, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+19.2% per year) and the Czech Republic (+8.2% per year).

Import Prices by Country

The average soap import price stood at $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 7%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Turkey ($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 Netherlands (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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