Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria (CIF) - 2023
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria (CIF) - 2023

In August 2023, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $6,730 per ton, with an increase of 59% against the previous month. In general, the import price, however, continues to indicate a noticeable decrease. The growth pace was the most rapid in March 2023 an increase of 164% m-o-m. As a result, import price attained the peak level of $13,481 per ton. From April 2023 to August 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($11,192 per ton), while the price for Poland ($3,303 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 Slovakia (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $20,144 per ton, surging by 7.1% against the previous year. Over the period under review, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 104%. Over the period under review, the average export prices hit record highs at $21,738 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($31,507 per ton), while the average price for exports to Slovakia ($13,647 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 Iran (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria

In 2022, supplies from abroad of polymers, natural; alginic acid, its salts and esters, in primary formses was finally on the rise to reach 424 tons after two years of decline. In general, imports, however, saw a noticeable shrinkage.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $4.2M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Austria in 2022:

1. Netherlands (163.3 tons)
2. Germany (92.4 tons)
3. China (75.0 tons)
4. Poland (59.8 tons)
5. France (13.7 tons)
6. Slovakia (11.0 tons)
7. Switzerland (0.9 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Austria

In 2022, approx. 46 tons of polymers, natural; alginic acid, its salts and esters, in primary formses were exported from Austria; increasing by 10% on 2021 figures. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses soared to $917K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Austria in 2022:

1. Italy (14.5 tons)
2. Germany (13.8 tons)
3. Czech Republic (7.1 tons)
4. North Macedonia (3.9 tons)
5. Slovakia (3.0 tons)
6. Hungary (1.2 tons)
7. Bulgaria (0.8 tons)

Source: IndexBox Market Intelligence Platform