Market research

Oxygen 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 Austrian oxygen market volume showed considerable movement between 2018 and 2024, declining moderately to 740 million cubic meters in 2019 before a sharp expansion to 883 million cubic meters in 2021. This peak was followed by a gradual contraction over the next three years, with the market settling at 746 million cubic meters in 2024.

Industrial activity influenced specific demand segments during the period. For example, in 2019, higher steel production following a blast furnace revision in the iron and steel industry supported oxygen consumption for related processes, even as the total market volume experienced a slight dip.

In value terms, the market trajectory differed significantly, with a pronounced surge to $148.7 million in 2023 driven by substantial price increases, contrasting with the declining physical volumes observed from 2022 onward.

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, M m³
  2. 5.1.2. In value, 2018-2024, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, M m³
  2. 5.2.2. In value, 2018-2024, M $ 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 oxygen in Austria

In value, 2017-2020, K $ US

After a two-year decline, Austria's oxygen production volume increased. In 2020, Austria's oxygen output was valued at 75 402 K $ US, marking a 4.5% increase compared to 2019. The lowest value was recorded in 2019 at 72 139 K $ US, which also saw the largest decline of 3.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.6%)	(3.9%)	4.5%	(0.0%)

Source: SHEV.io

In kind, 2017-2020, M m³

Following a two-year drop, Austria's oxygen production volume increased. In 2020, Austria produced 761.7 M m³ of oxygen, up 1.1% year-over-year. Between 2017 and 2020, production decreased by 15.2%, equating to an annualized rate of 5.3%. The lowest value was recorded in 2019 at 753.7 M m³, while the largest decline occurred in 2018 at 13.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.1%)	(3.4%)	1.1%	(5.3%)

Source: SHEV.io

Exports oxygen from Austria

Exports in kind, K m³

Oxygen exports from Austria declined for the third consecutive year. In 2020, exports stood at 33 037 K m³, representing a 0.6% drop from the previous year. Between 2017 and 2020, exports decreased by 35.9%, with an annualized rate of 13.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.3%)	(31.2%)	(0.6%)	(13.8%)

Source: SHEV.io

From 2017 to 2020, Germany, Slovakia, and Slovenia formed the main cluster of markets for Austria's oxygen exports in kind. Germany accounted for 33.4% of exports, Slovakia for 31.2%, and Slovenia for 11.5%, collectively representing 76.1% of total export flows.

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

Oxygen exports from Austria declined for the second consecutive year. In 2020, exports totaled 5 064 K $ US, a decrease of 3.0% from the previous year. Over the period 2017-2020, exports decreased by 14.4%, with a compound annual growth rate of 5.1%. The highest value was recorded in 2018 at 6 202 K $ US, which also saw the largest increase of 4.8%. The largest decline occurred in 2019 at 15.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.8%	(15.8%)	(3.0%)	(5.1%)

Source: SHEV.io

From 2017 to 2020, Germany, Slovakia, and Slovenia continued to lead as the top buyers of Austrian oxygen in value terms. Germany accounted for 46.6% of exports, Slovakia for 20.7%, and Slovenia for 11.0%, jointly representing 78.2% of total export value.

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 oxygen to Austria

Imports in kind, K m³

After a two-year advance, Austria's volume of oxygen imports declined. In 2020, Austria imported 15 028 K m³ of oxygen, showing a 24.5% drop from the previous year. Between 2017 and 2020, imports decreased by 8.9%, with an annualized rate of 3.1%. The highest value was recorded in 2019 at 19 908 K m³, which also saw the largest increase of 11.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.0%	11.8%	(24.5%)	(3.1%)

Source: SHEV.io

From 2017 to 2020, Germany remained the key source for oxygen imports to Austria, accounting for 74.9% of total imports in kind, while other destinations played a much smaller role.

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 oxygen imports declined. In 2020, imports totaled 2 653 K $ US, a decline of 9.9% compared to the previous year. Between 2017 and 2020, imports increased by 11.1%, with an annualized rate of 3.6%. The highest value was recorded in 2019 at 2 946 K $ US, while the largest increase occurred in 2018 at 17.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.2%	5.3%	(9.9%)	3.6%

Source: SHEV.io

Throughout 2017 to 2020, Germany was the main supplier of oxygen to Austria in value terms, taking 77.1% of total imports, while other partners had relatively modest shares.

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