Austria: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in Austria

The Austrian potassium hydroxide market plummeted to $X in 2023, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a strong increase. As a result, consumption attained the peak level of $X, and then declined significantly in the following year.

Potassium Hydroxide Exports

Exports from Austria

In 2023, after three years of growth, there was significant decline in overseas shipments of potassium hydroxide (caustic potash), when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a mild expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, potassium hydroxide exports declined notably to $X in 2023. In general, exports, however, continue to indicate mild growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2022, and then reduced notably in the following year.

Exports by Country

Slovenia (X tons), the Czech Republic (X tons) and Germany (X tons) were the main destinations of potassium hydroxide exports from Austria, together accounting for X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), the Czech Republic ($X) and Germany ($X) constituted the largest markets for potassium hydroxide exported from Austria worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potassium hydroxide export price stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, 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 2023, 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 2023, imports of potassium hydroxide (caustic potash) into Austria contracted rapidly to X tons, waning by X% against the previous year. Over the period under review, imports, however, continue to indicate tangible growth. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, potassium hydroxide imports fell remarkably to $X in 2023. In general, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

The Czech Republic (X tons), France (X tons) and Germany (X tons) were the main suppliers of potassium hydroxide imports to Austria, with a combined X% share of total imports. Slovenia, Slovakia and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest potassium hydroxide suppliers to Austria were the Czech Republic ($X), France ($X) and Germany ($X), with a combined X% share of total imports. Slovenia, Italy and Slovakia lagged somewhat behind, together accounting for a further X%.

Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average potassium hydroxide import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2023: its price 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 2023 figures, potassium hydroxide import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The import price peaked in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform