Iron Oxide Pigments Market Overview in Austria
In value terms, iron oxide pigments production contracted slightly to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of % y-o-y. Iron oxide pigments production peaked at $ in 2015; however, from 2016 to 2019, production failed to regain the momentum.
The value of the iron oxide pigments market in Austria amounted to $ in 2019, therefore, remained relatively stable 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 showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the market value increased by % y-o-y. Iron oxide pigments consumption peaked at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.