Earlier Report Observations
The carbon dioxide market in Austria opened the period with a volume of 175.8 thousand tons in 2018. Consumption fell to 161.5 thousand tons the following year, even though increased steel production after a blast furnace revision boosted industrial CO2 availability. The COVID-19 pandemic in 2020 reduced economic activity and transport emissions, impacting CO2 demand across sectors.
By 2022, market volume had recovered to 169.0 thousand tons. This occurred against a backdrop of the war in Ukraine, which disrupted energy markets and drove inflation, while technological shifts like growing electric vehicle adoption altered emission patterns. Despite overall greenhouse gas emissions declining, the market for captured CO2 showed resilience.
From 2023 onward, binding emission caps under the Climate Protection Act (KSG) and international climate commitments accelerated CO2 reduction efforts. Milder weather and a slight economic contraction further contributed to lower consumption, with the market volume dropping to 149.9 thousand tons in 2023 and 141.4 thousand tons in 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2019, 2022-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2019, 2022-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2019, 2022-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2019, 2022-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Austria
- 5.1.1. In kind, 2018-2019, 2022-2024, K t
- 5.1.2. In value, 2018-2019, 2022-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Austria
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Austria in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Austria by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Austria in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Austria by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Austria, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Austria by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Austria in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Austria by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Austria in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Austria by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Austria, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Austria by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Austria in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Austria by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Austria in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Austria by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Austria, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Austria by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Austria in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Austria by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Austria in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Austria by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Austria, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Austria by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production carbon dioxide in Austria
In value, 2017-2020, K $ US
In 2019, Austria's carbon dioxide output was valued at 11 562 thousand US dollars, representing a 3.0% increase from the previous year.
Annual dynamics of production in Austria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 3.0% | n/a | - |
In kind, 2017-2020, K t
In 2019, Austria produced 168.4 thousand tonnes of carbon dioxide, marking a 3.5% gain compared to 2018.
Annual dynamics of production in Austria in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 3.5% | n/a | - |
Exports carbon dioxide from Austria
Exports in kind, t
In 2020, Austria exported 46 488 tonnes of carbon dioxide, a 15.3% decline from 2019. Between 2017 and 2020, exports decreased by 15.1%, equivalent to an annualized rate of 5.3%. The lowest export volume was recorded in 2018 at 46 230 tonnes, while the highest was in 2019 at 54 855 tonnes. The largest decline occurred in 2018 with a 15.6% drop, and the largest increase was in 2019 with an 18.7% rise.
Annual dynamics of product's exports from Austria in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.6%) | 18.7% | (15.3%) | (5.3%) |
From 2017 to 2020, Germany (27.5% of exports in kind), Switzerland (19.9%), and Czechia (17.3%) remained the top destinations for Austria's carbon dioxide exports, together accounting for 64.7% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Austria in kind, 2017-2020
Exports in value, K $ US
Austria's carbon dioxide exports increased for the third consecutive year. In 2020, exports reached 21 638 thousand US dollars, up 21.5% from 2019. Over the 2017-2020 period, exports grew by 92.6%, with a compound annual growth rate (CAGR) of 24.4%.
Annual dynamics of product's exports from Austria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 17.7% | 34.7% | 21.5% | 24.4% |
Between 2017 and 2020, Germany (32.9% of exports in value terms), the United States (20.1%), and Switzerland (6.3%) formed the main cluster of markets for Austria's carbon dioxide exports, together representing 59.3% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Austria in value, 2017-2020
Imports carbon dioxide to Austria
Imports in kind, t
The market showed volatility during the observed period. The lowest import volume was recorded in 2017, while the highest was in 2018, with a peak-to-trough ratio of 2.7 times. In 2020, Austria imported 54 013 tonnes of carbon dioxide, a solid 12.8% increase from 2019. The maximum volume was 59 227 tonnes in 2018. The largest decline occurred in 2019 with a 19.1% drop, and the largest increase was in 2018 with a 165.5% surge.
Annual dynamics of product's imports to Austria in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 165.5% | (19.1%) | 12.8% | 34.3% |
From 2017 to 2020, two countries—Hungary and Germany—concentrated most of Austria's carbon dioxide imports in kind, while other markets had smaller individual shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Austria in kind, 2017-2020
Imports in value, K $ US
Austria's carbon dioxide import volume increased for the third consecutive year. In 2020, imports totaled 19 146 thousand US dollars, a 38.3% rise compared to 2019. Over the 2017-2020 period, imports grew by 248.2%, with a compound annual growth rate (CAGR) of 51.6%.
Annual dynamics of product's imports to Austria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 32.0% | 90.8% | 38.3% | 51.6% |
Between 2017 and 2020, Germany and Hungary dominated Austria's carbon dioxide imports in value terms, together accounting for 83.8% of total flows, with other destinations contributing smaller individual amounts.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Austria in value, 2017-2020
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