Austria: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Austria

The Austrian sodium triphosphate market stood at $X in 2021, standing approx. at 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). Over the period under review, consumption saw a deep reduction. Sodium triphosphate consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Sodium Triphosphate Exports

Exports from Austria

In 2021, sodium triphosphate exports from Austria shrank to X tons, remaining stable against 2020. In general, exports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 46%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, sodium triphosphate exports surged to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X tons) was the main destination for sodium triphosphate exports from Austria, accounting for a 37% share of total exports. Moreover, sodium triphosphate exports to South Africa exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Croatia (X tons), with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume to South Africa stood at +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-6.8% per year) and Croatia (+41.8% per year).

In value terms, South Africa ($X) remains the key foreign market for sodium triphosphate exports from Austria, comprising 37% of total exports. The second position in the ranking was taken by Germany ($X), with a 16% share of total exports. It was followed by Serbia, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to South Africa stood at +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.7% per year) and Serbia (+2.9% per year).

Export Prices by Country

The average sodium triphosphate export price stood at $X per ton in 2021, increasing by 28% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 30%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Serbia ($X per ton), while the average price for exports to Poland ($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 Serbia (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Triphosphate Imports

Imports into Austria

In 2021, supplies from abroad of sodium triphosphate (sodium tripolyphosphates) decreased by -7% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2019 with an increase of 16%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, sodium triphosphate imports expanded modestly to $X in 2021. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 21% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest sodium triphosphate supplier to Austria, accounting for a 57% share of total imports. Moreover, sodium triphosphate imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+1.5% per year) and Belgium (+0.7% per year).

In value terms, Germany ($X) constituted the largest supplier of sodium triphosphate to Austria, comprising 57% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 26% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+2.4% per year) and Belgium (+1.4% per year).

Import Prices by Country

The average sodium triphosphate import price stood at $X per ton in 2021, rising by 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 21% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for China ($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 (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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