Austria: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Austria

In 2022, the Austrian sulphides, dithionites and sulphoxylates market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption recorded a strong increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Austria

In value terms, sulphides, dithionites and sulphoxylates production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by 193%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Austria

After two years of growth, shipments abroad of sulphides, polysulphides, dithionites and sulphoxylates decreased by -7.5% to X tons in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 423% against the previous year. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, sulphides, dithionites and sulphoxylates exports rose rapidly to $X in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 585%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X tons), China (X tons) and Japan (X tons) were the main destinations of sulphides, dithionites and sulphoxylates exports from Austria, together comprising 41% of total exports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +336.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), South Korea ($X) and China ($X) were the largest markets for sulphides, dithionites and sulphoxylates exported from Austria worldwide, together comprising 41% of total exports. Italy, Japan, the United States, Spain, Mexico, the Czech Republic, Romania, France, India and the UK lagged somewhat behind, together comprising a further 53%.

The United States, with a CAGR of +484.1%, recorded the highest growth rate of 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

In 2022, the average sulphides, dithionites and sulphoxylates export price amounted to $X per ton, rising by 18% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 279%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Austria

In 2022, overseas purchases of sulphides, polysulphides, dithionites and sulphoxylates decreased by -9.6% to X tons, falling for the ninth consecutive year after two years of growth. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 2.8%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates imports surged to $X in 2022. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 71%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Bosnia and Herzegovina (X tons) were the main suppliers of sulphides, dithionites and sulphoxylates imports to Austria, together comprising 94% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +186.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of sulphides, polysulphides, dithionites and sulphoxylates to Austria, comprising 74% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by Italy, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Bosnia and Herzegovina stood at +175.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.0% per year) and Italy (+4.0% per year).

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, growing by 43% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The growth pace was the most rapid in 2017 an increase of 76%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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