Price for Poly(Lactic Acid); in Primary Forms in Austria - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Austria (CIF) - 2023
  2. Price for Poly(Lactic Acid); in Primary Forms in Austria (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Austria
  4. Exports of Poly(Lactic Acid); in Primary Forms in Austria

Price for Poly(Lactic Acid); in Primary Forms in Austria (CIF) - 2023

The average import price for poly(lactic acid); in primary formses stood at $3,482 per ton in May 2023, reducing by -10.6% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 85% month-to-month. As a result, import price reached the peak level of $6,831 per ton. From December 2022 to May 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Belgium ($5,269 per ton), while the price for the Netherlands ($3,366 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poly(Lactic Acid); in Primary Forms in Austria (FOB) - 2022

In 2022, the average export price for poly(lactic acid); in primary formses amounted to $4,613 per ton, with a decrease of -39.6% against the previous year. Overall, the export price recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 an increase of 91%. The export price peaked at $10,328 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($8,771 per ton), while the average price for exports to the United States ($742 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 the United States (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Poly(Lactic Acid); in Primary Forms in Austria

In 2022, approx. 1.4K tons of poly(lactic acid); in primary formses were imported into Austria; jumping by 156% against the year before. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, poly(lactic acid); in primary forms imports skyrocketed to $5.5M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Poly(Lactic Acid); in Primary Forms in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,2733537084,06847.3%
Germany16766185565557.7%
United States1374.910151855.8%
Belgium0.9292448241544.6%
Others35.57.120.510.9-32.5%
Total1,6131,3182,1335,49250.4%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Austria in 2022:

  1. Netherlands (1166.2 tons)
  2. Germany (149.2 tons)
  3. Belgium (67.4 tons)
  4. United States (55.5 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Austria

In 2022, shipments abroad of poly(lactic acid); in primary formses was finally on the rise to reach 13 tons after two years of decline. Overall, exports, however, saw a sharp setback.

In value terms, poly(lactic acid); in primary forms exports reduced to $59K in 2022. Over the period under review, exports, however, saw a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year.

Export of Poly(Lactic Acid); in Primary Forms in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary12.09.322.815.79.4%
Iran60.5N/AN/A14.2-38.3%
Czech Republic4.35.313.212.342.0%
AlbaniaN/AN/AN/A5.80%
SwitzerlandN/A0.4N/A3.3187.2%
Italy0.3N/A5.42.294.3%
Germany9.62.70.71.0-52.9%
Belgium49.327.27.8N/A-60.2%
Sweden13.0N/AN/AN/A0%
United States76.4N/A0.5N/A-91.9%
Others8.28.215.35.0-15.2%
Total23453.065.859.5-36.6%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Austria in 2022:

  1. United States (undefined tons)
  2. Iran (5.3 tons)
  3. Hungary (3.3 tons)
  4. Czech Republic (1.4 tons)
  5. Albania (1.3 tons)
  6. Switzerland (0.5 tons)
  7. Italy (0.4 tons)
  8. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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