Austria: Salt Market 2022

Salt Market Size in Austria

The Austrian salt market rose rapidly to $X in 2021, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.

Salt Production in Austria

In value terms, salt production reduced to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Salt production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Salt Exports

Exports from Austria

After two years of growth, overseas shipments of salt and pure sodium chloride decreased by -X% to X tonnes in 2021. Overall, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tonnes in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, salt exports dropped markedly to $X in 2021. In general, exports, however, recorded a slight slump. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2020, and then contracted remarkably in the following year.

Exports by Country

Slovakia (X tonnes) was the main destination for salt exports from Austria, accounting for a X% share of total exports. Moreover, salt exports to Slovakia exceeded the volume sent to the second major destination, Italy (X tonnes), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Slovakia stood at +X%.

In value terms, Slovakia ($X) remains the key foreign market for salt exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia amounted to +X%.

Export Prices by Country

The average salt export price stood at $X per tonne in 2021, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($X per tonne), while the average price for exports to Slovakia stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (-X%).

Salt Imports

Imports into Austria

In 2021, approx. X tonnes of salt and pure sodium chloride were imported into Austria; jumping by X% compared with the year before. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, salt imports skyrocketed to $X in 2021. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Germany (X tonnes) constituted the largest salt supplier to Austria, accounting for a X% share of total imports. Moreover, salt imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tonnes), sixfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with an X% share.

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

In value terms, Germany ($X) constituted the largest supplier of salt to Austria, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and France (+X% per year).

Import Prices by Country

In 2021, the average salt import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price, however, recorded a mild increase. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per tonne. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform