Market research

Argon market in Austria

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The physical volume of the argon market in Austria showed considerable variability from 2018 to 2024. After beginning the period at 26.5 million m³, consumption fell to 20.5 million m³ in 2020, recovered strongly to 27.0 million m³ in 2021, then contracted sharply to 12.4 million m³ in 2022. A recovery phase followed, with volume reaching 20.5 million m³ by 2024.

In monetary terms, the market's value demonstrated robust growth, rising from 15.8 million USD in 2018 to 28.9 million USD in 2023, reflecting significant price increases. The market value stabilized near this level in 2024. The expansion in physical volume that year was propelled by rising industrial demand for high-purity argon, particularly from the semiconductor and electronics manufacturing sectors, alongside the broader integration of Industry 4.0 technologies that utilize controlled inert atmospheres.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Austria
  1. 5.1.1. In kind, 2018-2024, K m³
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K m³
  2. 5.2.2. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's exports from Austria in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's exports in kind from Austria by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Austria in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Austria by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/K m³
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Austria, 2018-2024, $ US/K m³
    2. 6.1.4.2. Dynamics of average price of product's exports from Austria by countries, 2018-2024, $ US/K m³
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's exports from Austria in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's exports in kind from Austria by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Austria in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Austria by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/K m³
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Austria, 2018-2024, $ US/K m³
    2. 6.2.4.2. Dynamics of average price of product's exports from Austria by countries, 2018-2024, $ US/K m³
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's imports to Austria in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's imports in kind to Austria by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Austria in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Austria by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/K m³
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Austria, 2018-2024, $ US/K m³
    2. 7.1.4.2. Dynamics of average price of product's imports to Austria by countries, 2018-2024, $ US/K m³
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's imports to Austria in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's imports in kind to Austria by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Austria in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Austria by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/K m³
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Austria, 2018-2024, $ US/K m³
    2. 7.2.4.2. Dynamics of average price of product's imports to Austria by countries, 2018-2024, $ US/K m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production argon in Austria

In value, 2017-2020, K $ US

In 2020, Austria's argon production was valued at 21 456 thousand US dollars, representing an 11.9% increase compared to 2019. The minimum value was recorded in 2019 at 19 178 thousand US dollars, which saw the largest decline of 5.1%. Over the period from 2018 to 2020, production grew by 6.1%, equivalent to an annualized rate of 2.0%.

Annual dynamics of production in Austria in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(5.1%)	11.9%	-

Source: SHEV.io

In kind, 2017-2020, K m³

In 2020, Austria produced 27 880 thousand cubic meters of argon, showing a slight gain of 3.0% from the previous year. The minimum volume was recorded in 2019 at 27 063 thousand cubic meters, which experienced the largest decline of 7.6%. From 2018 to 2020, production decreased by 4.8%, with a compound annual growth rate of 1.6%.

Annual dynamics of production in Austria in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(7.6%)	3.0%	-

Source: SHEV.io

Exports argon from Austria

Exports in kind, K m³

The market exhibited volatility during these years, with a 1.8-fold difference between the minimum in 2017 and the maximum in 2020. In 2020, argon deliveries from Austria amounted to 10 346 thousand cubic meters, marking a significant rise of 71.2% from 2019. The largest decline was recorded in 2019 at 3.3%.

Annual dynamics of product's exports from Austria in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.2%	(3.3%)	71.2%	21.4%

Source: SHEV.io

From 2017 to 2020, Germany, the United States, and Italy were the largest buyers of Austrian argon in kind, accounting for 21.9%, 19.2%, and 16.4% of exports, respectively. Together, they formed 57.5% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Austria in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

After a two-year decrease, argon exports from Austria increased in 2020, reaching 8 365 thousand US dollars, which represents a steep gain of 68.3% from the previous year. The minimum value was recorded in 2019 at 4 970 thousand US dollars, which saw the largest decline of 21.4%. Over the period from 2017 to 2020, exports grew by 27.6%, with a compound annual growth rate of 8.5%.

Annual dynamics of product's exports from Austria in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.6%)	(21.4%)	68.3%	8.5%

Source: SHEV.io

Throughout 2017 to 2020, Germany, Italy, and the United States remained the main markets for Austrian argon exports in value terms, with shares of 25.6%, 20.5%, and 14.6%, respectively. Collectively, they accounted for 60.7% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Austria in value, 2017-2020

Source: SHEV.io

Imports argon to Austria

Imports in kind, K m³

After a two-year increase, foreign argon supplies to Austria declined in 2020, reaching 2 867 thousand cubic meters, which marks a dramatic decline of 26.0% year-over-year. The maximum volume was recorded in 2019 at 3 872 thousand cubic meters, while the largest increase occurred in 2018 at 25.7%. From 2017 to 2020, imports grew by 5.4%, with a compound annual growth rate of 1.8%.

Annual dynamics of product's imports to Austria in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	25.7%	13.3%	(26.0%)	1.8%

Source: SHEV.io

From 2017 to 2020, Germany remained the primary source for Austria's argon imports in kind, accounting for 82.7% of total flows. The remaining share was distributed across various smaller markets.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Austria in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year gain, Austria's volume of argon imports declined in 2020, totaling 1 977 thousand US dollars, reflecting a moderate fall of 5.1% compared to 2019. The maximum value was recorded in 2019 at 2 084 thousand US dollars, while the largest increase occurred in 2018 at 22.9%. Over the period from 2017 to 2020, imports increased by 29.3%, with a compound annual growth rate of 8.9%.

Annual dynamics of product's imports to Austria in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	22.9%	10.9%	(5.1%)	8.9%

Source: SHEV.io

Throughout 2017 to 2020, the partner structure for Austria's argon imports in value terms was centered on Germany, which held a share of 81.7% of total flows. Other markets formed a less significant portion of the import perimeter.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Austria in value, 2017-2020

Source: SHEV.io