Austria: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in Austria

In 2022, the Austrian potassium hydroxide market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption showed a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Potassium Hydroxide Exports

Exports from Austria

In 2022, overseas shipments of potassium hydroxide (caustic potash) increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, potassium hydroxide exports soared to $X in 2022. Over the period under review, exports posted perceptible growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Slovenia (X tons) was the main destination for potassium hydroxide exports from Austria, with a X% share of total exports. Moreover, potassium hydroxide exports to Slovenia exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Croatia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Croatia (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for potassium hydroxide (caustic potash) exports from Austria, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Croatia (X% per year).

Export Prices by Country

In 2022, the average potassium hydroxide export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price recorded noticeable growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Potassium Hydroxide Imports

Imports into Austria

In 2022, overseas purchases of potassium hydroxide (caustic potash) were finally on the rise to reach X tons after two years of decline. In general, imports posted a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide imports soared to $X in 2022. Over the period under review, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest potassium hydroxide supplier to Austria, accounting for a X% share of total imports. Moreover, potassium hydroxide imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Slovenia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Slovenia (X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of potassium hydroxide (caustic potash) to Austria, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by Slovenia, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Slovenia (X% per year).

Import Prices by Country

The average potassium hydroxide import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, 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 France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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