Austria: Cadmium Market 2022

Cadmium Market Size in Austria

The Austrian cadmium market dropped remarkably to $X in 2021, waning by -47.5% against the previous year. Overall, consumption, however, posted significant growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Cadmium Production in Austria

In value terms, cadmium production dropped slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 13% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Cadmium Exports

Exports from Austria

Cadmium exports from Austria soared to X tons in 2021, picking up by 853% against the previous year. Overall, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 2,025% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cadmium exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Liechtenstein (X tons) was the main destination for cadmium exports from Austria, accounting for a 93% share of total exports. Moreover, cadmium exports to Liechtenstein exceeded the volume sent to the second major destination, Estonia (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Liechtenstein was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+16.4% per year) and Germany (+33.0% per year).

In value terms, Liechtenstein ($X) emerged as the key foreign market for cadmium exports from Austria, comprising 93% of total exports. The second position in the ranking was held by Estonia ($X), with a 4.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Liechtenstein was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+39.1% per year) and Germany (+33.7% per year).

Export Prices by Country

The average cadmium export price stood at $X per ton in 2021, increasing by 42% against the previous year. Overall, the export price showed a tangible expansion. The most prominent rate of growth was recorded in 2013 an increase of 301%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Estonia ($X per ton), while the average price for exports to Germany ($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 Estonia (+19.4%).

Cadmium Imports

Imports into Austria

In 2021, overseas purchases of cadmium and articles thereof decreased by -36.6% to X kg for the first time since 2016, thus ending a four-year rising trend. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 7,432%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, cadmium imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 4,660%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Switzerland (X kg) constituted the largest supplier of cadmium to Austria, with a 83% share of total imports. Moreover, cadmium imports from Switzerland exceeded the figures recorded by the second-largest supplier, France (X kg), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Switzerland stood at +65.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+36.5% per year) and Germany (+2.5% per year).

In value terms, Switzerland ($X), Germany ($X) and France ($X) constituted the largest cadmium suppliers to Austria.

Switzerland, with a CAGR of +72.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cadmium import price stood at $X per ton in 2021, rising by 293% against the previous year. In general, the import price enjoyed a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: 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 the United States (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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