Austria: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Austria

In 2022, after two years of growth, there was significant decline in the Austrian diethylene glycol and digol market, when its value decreased by X% to $X. Over the period under review, consumption saw a deep downturn. Diethylene glycol and digol consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports from Austria

After two years of decline, shipments abroad of X-oxydiethanol (diethylene glycol, digol) increased by X% to X tons in 2022. Over the period under review, exports recorded a strong increase. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, diethylene glycol and digol exports soared to $X in 2022. In general, exports continue to indicate a strong increase. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) was the main destination for diethylene glycol and digol exports from Austria, accounting for a X% share of total exports. Moreover, diethylene glycol and digol exports to Uzbekistan exceeded the volume sent to the second major destination, Germany (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uzbekistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Slovenia (X% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for X-oxydiethanol (diethylene glycol, digol) exports from Austria, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Uzbekistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Slovenia (X% per year).

Export Prices by Country

The average diethylene glycol and digol export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Slovenia ($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 Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports into Austria

In 2022, approx. X tons of X-oxydiethanol (diethylene glycol, digol) were imported into Austria; with a decrease of X% against the previous year. Over the period under review, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, diethylene glycol and digol imports shrank significantly to $X in 2022. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest diethylene glycol and digol supplier to Austria, accounting for a X% share of total imports. Moreover, diethylene glycol and digol imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to Austria, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average diethylene glycol and digol import price amounted to $X per ton, waning by X% against the previous year. In general, the import price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Italy ($X per ton), while the price for Belgium ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform