Austria: Odoriferous Substance Mixture Market Overview 2020

Odoriferous Substance Mixture Market Size in Austria

The revenue of the odoriferous substance mixture market in Austria amounted to $X in 2018, approximately mirroring the previous year. Over the period under review, odoriferous substance mixture consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Odoriferous substance mixture consumption peaked at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Odoriferous Substance Mixture Production in Austria

In value terms, odoriferous substance mixture production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, odoriferous substance mixture production reached its peak figure level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Odoriferous Substance Mixture Exports

Exports from Austria

In 2018, the amount of mixtures of odoriferous substances and their preparations exported from Austria stood at X tonnes, picking up by X% against the previous year. Overall, odoriferous substance mixture exports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, odoriferous substance mixture exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. In that year, odoriferous substance mixture exports attained their peak of $X, and then declined slightly in the following year.

Exports by Country

Germany (X tonnes) was the main destination for odoriferous substance mixture exports from Austria, accounting for a X% share of total exports. Moreover, odoriferous substance mixture exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tonnes), threefold. Italy (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate 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 Italy (+X% per year).

In value terms, Germany ($X), the Czech Republic ($X) and Switzerland ($X) appeared to be the largest markets for odoriferous substance mixture exported from Austria worldwide, together comprising X% of total exports. These countries were followed by Ukraine, Italy, Poland, Kazakhstan, the U.S., the Netherlands, Slovakia, Serbia and Georgia, which together accounted for a further X U.S. recorded the highest growth rate of exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average odoriferous substance mixture export price amounted to $X per tonne, declining by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports

Imports into Austria

Odoriferous substance mixture imports into Austria amounted to X tonnes in 2018, leveling off at the previous year. Over the period under review, odoriferous substance mixture imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Over the period under review, odoriferous substance mixture imports attained their peak figure at X tonnes in 2010; however, from 2011 to 2018, imports remained at a lower figure.

In value terms, odoriferous substance mixture imports stood at $X in 2018. Over the period under review, the total imports indicated a mild increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, odoriferous substance mixture imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

Germany (X tonnes), Ireland (X tonnes) and France (X tonnes) were the main suppliers of odoriferous substance mixture imports to Austria, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Ireland, while the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), Germany ($X) and Thailand ($X) were the largest odoriferous substance mixture suppliers to Austria, with a combined X% share of total imports.

Ireland recorded the highest growth rate of imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average odoriferous substance mixture import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the odoriferous substance mixture import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for mixtures of odoriferous substances and their preparations reached their peak figure at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Ireland ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ireland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform