Austria - Baking Soda - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaking Soda Price in Austria - 2023
Contents:
- Baking Soda Price in Austria (CIF) - 2023
- Baking Soda Price in Austria (FOB) - 2022
- Baking Soda Imports in Austria
- Baking Soda Exports in Austria
Baking Soda Price in Austria (CIF) - 2023
In August 2023, the average baking soda import price amounted to $762 per ton, with an increase of 2.2% against the previous month. In general, import price indicated resilient growth from August 2022 to August 2023: its price increased at an average monthly rate of +5.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, baking soda import price increased by +49.2% against April 2023 indices. The most prominent rate of growth was recorded in May 2023 an increase of 18% month-to-month. The import price peaked in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,090 per ton), while the price for Bulgaria ($324 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Baking Soda Price in Austria (FOB) - 2022
In 2022, the average baking soda export price amounted to $610 per ton, which is down by -13.5% against the previous year. Overall, the export price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2015 an increase of 61%. As a result, the export price attained the peak level of $1,175 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($1,282 per ton), while the average price for exports to India ($50 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 Slovenia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Baking Soda Imports in Austria
In 2022, the amount of baking soda imported into Austria rose rapidly to 31K tons, with an increase of 14% on the previous year. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, baking soda imports skyrocketed to $14M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Baking Soda in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.8 | 2.2 | 2.6 | 4.7 | 80.4% |
| Bosnia and Herzegovina | 2.0 | 2.0 | 2.5 | 3.3 | 18.2% |
| Germany | 3.5 | 2.3 | 2.3 | 2.9 | -6.1% |
| Poland | 0.3 | 0.4 | 0.5 | 0.8 | 38.7% |
| Bulgaria | N/A | N/A | N/A | 0.7 | 0% |
| Italy | 0.6 | 0.6 | 1.1 | 0.6 | 0.0% |
| France | 0.6 | 0.9 | 0.3 | 0.3 | -20.6% |
| Others | 0.2 | 0.4 | 0.3 | 0.5 | 35.7% |
| Total | 8.1 | 8.8 | 9.5 | 13.6 | 18.9% |
Top Suppliers of Baking Soda to Austria in 2022:
- Belgium (11.2K tons)
- Bosnia and Herzegovina (8.4K tons)
- Germany (4.3K tons)
- Bulgaria (3.1K tons)
- Italy (2.0K tons)
- Poland (1.4K tons)
- France (0.5K tons)
Baking Soda Exports in Austria
After two years of decline, shipments abroad of baking soda increased by 28% to 646 tons in 2022. In general, exports, however, continue to indicate a abrupt slump.
In value terms, baking soda exports expanded notably to $394K in 2022. Over the period under review, exports, however, showed a abrupt curtailment.
| Export of Baking Soda in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 100 | 116 | 138 | 144 | 12.9% |
| Germany | 146 | 94.0 | 83.9 | 94.1 | -13.6% |
| Slovenia | 8.7 | 12.6 | 21.7 | 21.6 | 35.4% |
| Croatia | 1.5 | 1.8 | 4.6 | 19.4 | 134.7% |
| Italy | 116 | 5.2 | 7.0 | 13.8 | -50.8% |
| Bosnia and Herzegovina | 30.2 | 14.7 | N/A | 12.9 | -24.7% |
| Poland | 68.7 | 71.3 | 64.4 | 9.0 | -49.2% |
| India | N/A | N/A | N/A | 0.8 | 0% |
| Others | 57.6 | 89.4 | 35.8 | 78.8 | 11.0% |
| Total | 530 | 405 | 355 | 394 | -9.4% |
Top Export Markets for Baking Soda from Austria in 2022:
- Germany (383.0 tons)
- Hungary (112.3 tons)
- Bosnia and Herzegovina (40.2 tons)
- Slovenia (30.9 tons)
- Croatia (24.8 tons)
- India (16.4 tons)
- Poland (4.1 tons)
- Italy (4.0 tons)
This report provides an in-depth analysis of the baking soda market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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