Austria: Acyclic Hydrocarbons Market 2024

Acyclic Hydrocarbons Market Size in Austria

The Austrian acyclic hydrocarbons market rose remarkably to $X in 2020, increasing by X% against the previous year. Over the period under review, consumption continues to indicate a noticeable decrease. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Acyclic Hydrocarbons Production in Austria

In value terms, acyclic hydrocarbons production shrank to $X in 2020 estimated in export price. Over the period under review, production continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Acyclic hydrocarbons production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

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Acyclic Hydrocarbons Exports

Exports from Austria

In 2020, shipments abroad of acyclic hydrocarbons decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a significant curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2020, the exports stood at a somewhat lower figure.

In value terms, acyclic hydrocarbons exports dropped remarkably to $X in 2020. Overall, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for acyclic hydrocarbons exports from Austria, accounting for a X% share of total exports. Moreover, acyclic hydrocarbons exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), fourfold. The third position in this ranking was held by Slovenia (X tons), with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Slovenia (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for acyclic hydrocarbons exports from Austria, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an X% share of total exports. It was followed by Slovenia, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Slovenia (X% per year).

Export Prices by Country

In 2020, the average acyclic hydrocarbons export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Acyclic Hydrocarbons Imports

Imports into Austria

In 2020, overseas purchases of acyclic hydrocarbons increased by X% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, total imports indicated modest growth from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, acyclic hydrocarbons imports dropped to $X in 2020. Overall, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, Poland (X tons) constituted the largest supplier of acyclic hydrocarbons to Austria, accounting for a X% share of total imports. Moreover, acyclic hydrocarbons imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, Poland ($X), Germany ($X) and Belgium ($X) were the largest acyclic hydrocarbons suppliers to Austria, together comprising X% of total imports.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average acyclic hydrocarbons import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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