Austria: Steatite Market 2021

Steatite Market Size in Austria

In 2019, the Austrian steatite market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a significant increase. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Steatite consumption peaked at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.

Steatite Production in Austria

In value terms, steatite production declined modestly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2019, production growth remained at a lower figure.

Steatite Exports

Exports from Austria

For the fourth year in a row, Austria recorded growth in shipments abroad of steatites, which increased by X% to X tons in 2019. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, steatite exports amounted to $X in 2019. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for steatite exports from Austria, with a X% share of total exports. Moreover, steatite exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), sixfold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Belgium (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Italy (-X% per year).

Export Prices by Country

In 2019, the average steatite export price amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2014 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was France ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Steatite Imports

Imports into Austria

Steatite imports into Austria expanded remarkably to X tons in 2019, with an increase of X% compared with the previous year. In general, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

In value terms, steatite imports dropped to $X in 2019. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

France (X tons), Slovakia (X tons) and Italy (X tons) were the main suppliers of steatite imports to Austria, with a combined X% share of total imports. These countries were followed by Pakistan, India, Belgium and Slovenia, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), France ($X) and Pakistan ($X) were the largest steatite suppliers to Austria, with a combined X% share of total imports. These countries were followed by India, Italy, Belgium and Slovenia, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average steatite import price stood at $X per ton in 2019, dropping by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The import price peaked at $X per ton in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Slovenia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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