Austria: Market for Caustic Soda in the Solid Form 2024

Market Size for Caustic Soda in the Solid Form in Austria

The Austrian market for caustic soda in the solid form declined rapidly to $X in 2021, with a decrease of -34.7% against the previous year. Overall, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level of $X, and then declined rapidly in the following year.

Production of Caustic Soda in the Solid Form in Austria

In value terms, production of caustic soda in the solid form amounted to less than $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern.

Exports of Caustic Soda in the Solid Form

Exports from Austria

In 2021, overseas shipments of caustic soda in the solid form decreased by 0% to X tons, falling for the second year in a row after four years of growth. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 17%. Over the period under review, the exports of caustic soda in solid form attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of caustic soda in the solid form totaled $X in 2021. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 32%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for exports of caustic soda in the solid form from Austria, with a 59% share of total exports. Moreover, exports of caustic soda in the solid form to Italy exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by Bosnia and Herzegovina (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.8% per year) and Bosnia and Herzegovina (-1.3% per year).

It was followed by Bosnia and Herzegovina, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.2% per year) and Bosnia and Herzegovina (-2.2% per year).

Export Prices by Country

In 2021, the average export price for caustic soda in the solid form amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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 Slovenia ($X per ton), while the average price for exports to Poland ($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 Slovenia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in the Solid Form

Imports into Austria

Imports of caustic soda in the solid form into Austria reduced rapidly to X tons in 2021, waning by -34.2% on the previous year. In general, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2015 when imports increased by 58% against the previous year. Over the period under review, imports of caustic soda in solid form hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of caustic soda in the solid form shrank modestly to $X in 2021. Overall, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -25.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 36%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), Germany (X tons) and France (X tons) were the main suppliers of imports of caustic soda in the solid form to Austria, with a combined 80% share of total imports. These countries were followed by the Netherlands, Poland, the Czech Republic, Slovenia and Belgium, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +20.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of caustic soda in the solid form to Austria, comprising 52% of total imports. The second position in the ranking was taken by Russia ($X), with a 17% share of total imports. It was followed by France, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+13.5% per year) and France (-1.7% per year).

Import Prices by Country

In 2021, the average import price for caustic soda in the solid form amounted to $X per ton, rising by 48% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the average import price increased by 65%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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 ($X per ton), while the price for Russia ($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 (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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