Austria: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Austria

After two years of decline, the Austrian trichloroethylene and tetrachloroethylene market increased by 35% to $X in 2021. In general, consumption saw a perceptible increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Austria

In 2021, the amount of trichloroethylene and tetrachloroethylene (perchloroethylene) exported from Austria expanded rapidly to X tons, picking up by 5.6% against 2020 figures. In general, exports, however, saw a deep reduction. The growth pace was the most rapid in 2013 when exports increased by 685%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, trichloroethylene and tetrachloroethylene exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 268%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary (X tons), Slovenia (X tons) and Switzerland (X tons) were the main destinations of trichloroethylene and tetrachloroethylene exports from Austria, together accounting for 78% of total exports. Romania, Italy, Bulgaria, Greece and Slovakia lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +35.2%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) emerged as the key foreign market for trichloroethylene and tetrachloroethylene (perchloroethylene) exports from Austria, comprising 45% of total exports. The second position in the ranking was held by Hungary ($X), with a 15% share of total exports. It was followed by Switzerland, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value to Slovenia totaled +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+35.0% per year) and Switzerland (-0.5% per year).

Export Prices by Country

The average trichloroethylene and tetrachloroethylene export price stood at $X per ton in 2021, picking up by 13% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 207% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Hungary ($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 Bulgaria (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Trichloroethylene And Tetrachloroethylene Imports

Imports into Austria

In 2021, after four years of decline, there was significant growth in purchases abroad of trichloroethylene and tetrachloroethylene (perchloroethylene), when their volume increased by 8.6% to X tons. In general, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2014 when imports increased by 185% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene imports skyrocketed to $X in 2021. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by 158% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of trichloroethylene and tetrachloroethylene to Austria, with a 83% share of total imports. Moreover, trichloroethylene and tetrachloroethylene imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-21.6% per year) and the Czech Republic (-28.8% per year).

In value terms, Germany ($X) constituted the largest supplier of trichloroethylene and tetrachloroethylene (perchloroethylene) to Austria, comprising 92% of total imports. The second position in the ranking was taken by Italy ($X), with a 3.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.4% per year) and the Czech Republic (-23.4% per year).

Import Prices by Country

In 2021, the average trichloroethylene and tetrachloroethylene import price amounted to $X per ton, jumping by 43% against the previous year. Over the period under review, the import price saw a strong expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 131%. The import price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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