Austria: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in Austria

In 2021, the Austrian market for unsaturated polyesters in primary forms decreased by -78.8% to $X, falling for the seventh consecutive year after three years of growth. Overall, consumption saw a sharp slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Unsaturated Polyesters In Primary Forms in Austria

In value terms, unsaturated polyesters in primary forms production reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 11%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Unsaturated Polyesters In Primary Forms

Exports from Austria

In 2021, overseas shipments of unsaturated polyesters in primary forms increased by 64% to X tons, rising for the second year in a row after seven years of decline. Over the period under review, exports saw a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 125% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, unsaturated polyesters in primary forms exports soared to $X in 2021. Overall, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2020 when exports increased by 86% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Egypt (X tons), Mexico (X tons) and Germany (X tons) were the main destinations of unsaturated polyesters in primary forms exports from Austria, together accounting for 39% of total exports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +451.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Germany ($X) and Mexico ($X) were the largest markets for unsaturated polyesters in primary forms exported from Austria worldwide, with a combined 33% share of total exports.

Mexico, with a CAGR of +337.2%, recorded the highest growth rate of the value of exports, in terms of 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 2021, the average export price for unsaturated polyesters in primary forms amounted to $X per ton, approximately reflecting the previous year. In general, the export price, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2016 an increase of 8.1% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Egypt ($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 Morocco (+48.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unsaturated Polyesters In Primary Forms

Imports into Austria

In 2021, supplies from abroad of unsaturated polyesters in primary forms increased by 26% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 111% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, unsaturated polyesters in primary forms imports skyrocketed to $X in 2021. In general, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 69%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest unsaturated polyesters in primary forms supplier to Austria, accounting for a 47% share of total imports. Moreover, unsaturated polyesters in primary forms imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by France (X tons), with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.3% per year) and France (+6.1% per year).

In value terms, Germany ($X) constituted the largest supplier of unsaturated polyesters in primary forms to Austria, comprising 57% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.5% per year) and the Netherlands (+29.0% per year).

Import Prices by Country

The average import price for unsaturated polyesters in primary forms stood at $X per ton in 2021, growing by 20% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in years to come.

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 ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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