Report Austria - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Austria - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Austria: Silicone Market 2022

Silicone Market Size in Austria

The Austrian silicone market soared to $X in 2021, with an increase of 15% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +14.9% against 2018 indices. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in years to come.

Silicone Production in Austria

In value terms, silicone production shrank modestly to $X in 2021 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +48.1% against 2015 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 20% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then shrank modestly in the following year.

Silicone Exports

Exports from Austria

In 2021, shipments abroad of silicones (in primary forms) increased by 7.2% to X tons, rising for the third consecutive year after two years of decline. Overall, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 8%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, silicone exports surged to $X in 2021. In general, exports, however, saw a slight decline. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for silicone exports from Austria, with a 35% share of total exports. Moreover, silicone exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), threefold. The third position in this ranking was held by Hong Kong SAR (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to -9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+7.9% per year) and Hong Kong SAR (+119.5% per year).

In value terms, Germany ($X) remains the key foreign market for silicone exports from Austria, comprising 31% of total exports. The second position in the ranking was taken by Hungary ($X), with a 9.7% share of total exports. It was followed by the Czech Republic, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+6.5% per year) and the Czech Republic (-3.5% per year).

Export Prices by Country

The average silicone export price stood at $X per ton in 2021, surging by 19% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to Hong Kong SAR ($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 Slovakia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Silicone Imports

Imports into Austria

In 2021, overseas purchases of silicones (in primary forms) decreased by -12.7% to X tons for the first time since 2013, thus ending a seven-year rising trend. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 25% against the previous year. Imports peaked at X tons in 2020, and then dropped in the following year.

In value terms, silicone imports surged to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of silicone to Austria, with a 80% share of total imports. Moreover, silicone imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. The third position in this ranking was taken by the Netherlands (X tons), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+39.6% per year) and the Netherlands (+8.9% per year).

In value terms, Germany ($X) constituted the largest supplier of silicone to Austria, comprising 79% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 4.8% share of total imports. It was followed by France, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+11.6% per year) and France (+40.8% per year).

Import Prices by Country

The average silicone import price stood at $X per ton in 2021, rising by 54% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for China ($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 UK (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for silicones (in primary forms) in the world?
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The countries with the highest volumes of consumption in 2021 were China, Germany and South Korea, together comprising 35% of global consumption. The United States, India, Japan, Turkey, Indonesia, the UK, France, Brazil, Belgium and Canada lagged somewhat behind, together comprising a further 40%.
What are the largest producers of silicones (in primary forms) in the world?
+
The countries with the highest volumes of production in 2021 were China, Germany and the United States, with a combined 49% share of global production. These countries were followed by Japan, India, the UK, South Korea, France, Indonesia, Turkey, Thailand and Brazil, which together accounted for a further 40%.
What are the leading suppliers of silicones (in primary forms) to Austria?
+
In value terms, Germany constituted the largest supplier of silicone to Austria, comprising 79% of total imports. The second position in the ranking was held by the Netherlands, with a 4.8% share of total imports. It was followed by France, with a 3.6% share.
What are the leading importers of silicones (in primary forms) from Austria?
+
In value terms, Germany remains the key foreign market for silicone exports from Austria, comprising 31% of total exports. The second position in the ranking was held by Hungary, with a 9.7% share of total exports. It was followed by the Czech Republic, with a 5.9% share.
What is the average export price for silicones (in primary forms) in Austria?
+
The average silicone export price stood at $8,611 per ton in 2021, jumping by 19% against the previous year.
What is the average import price for silicones (in primary forms) in Austria?
+
In 2021, the average silicone import price amounted to $6,150 per ton, jumping by 54% against the previous year.

This report provides an in-depth analysis of the silicone market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20165700 - Silicones, in primary forms
Country coverage:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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