Life-Jackets and Life-Belts Price in Austria - 2023

Life-Jackets and Life-Belts Price in Austria (CIF) - 2022

The average life-jackets and life-belts import price stood at $45,147 per ton in 2022, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2014 an increase of 25% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($76,593 per ton), while the price for Belgium ($14,669 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in Austria (FOB) - 2022

The average life-jackets and life-belts export price stood at $62,680 per ton in 2022, jumping by 19% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, life-jackets and life-belts export price increased by +72.4% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 34%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($96,692 per ton), while the average price for exports to the Czech Republic ($15,885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Life-Jackets and Life-Belts Imports in Austria

Life-jackets and life-belts imports into Austria reached 45 tons in 2022, surging by 11% against the year before. In general, imports, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by 12%.

In value terms, life-jackets and life-belts imports surged to $2M in 2022. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Life-Jackets and Life-Belts in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	78.3	46.6	389	643	101.8%
Germany	387	394	280	508	9.5%
Cambodia	0.1	N/A	N/A	263	1280.3%
China	211	190	185	94.1	-23.6%
Poland	21.8	36.9	63.4	91.8	61.5%
Netherlands	39.6	20.3	9.6	71.3	21.7%
Estonia	167	241	307	38.6	-38.6%
Belgium	4.4	6.1	14.9	24.2	76.5%
Italy	182	53.3	29.3	23.3	-49.6%
Sweden	70.7	32.7	5.5	6.8	-54.2%
Myanmar	93.9	N/A	N/A	N/A	0%
Others	499	124	248	250	-20.6%
Total	1,754	1,145	1,531	2,014	4.7%

Top Suppliers of Life-Jackets and Life-Belts to Austria in 2022:

Germany (13.5 tons)
Vietnam (11.2 tons)
Cambodia (7.3 tons)
China (3.8 tons)
Netherlands (1.9 tons)
Belgium (1.7 tons)
Poland (1.2 tons)
Estonia (0.9 tons)
Italy (0.4 tons)
Sweden (0.2 tons)

Life-Jackets and Life-Belts Exports in Austria

In 2022, shipments abroad of life-jackets and life-beltses decreased by -2.7% to 23 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 48%. As a result, the exports attained the peak of 23 tons, and then shrank in the following year.

In value terms, life-jackets and life-belts exports soared to $1.4M in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 99% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Life-Jackets and Life-Belts in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	361	271	337	264	-9.9%
Norway	1.4	0.1	6.7	135	358.6%
France	4.2	5.1	161	115	201.4%
Denmark	5.9	3.5	53.6	86.0	144.3%
Italy	4.3	0.9	71.2	84.9	170.3%
United Kingdom	7.2	5.8	76.1	82.0	125.0%
Switzerland	38.1	104	53.3	71.0	23.1%
Poland	2.9	3.0	44.5	59.3	173.5%
Spain	4.3	2.6	55.3	57.2	136.9%
Czech Republic	17.0	17.8	23.7	40.0	33.0%
Croatia	6.1	4.4	6.8	33.7	76.8%
Slovakia	19.4	19.0	20.5	32.1	18.3%
Hungary	18.7	21.4	26.5	29.0	15.7%
Others	79.6	160	293	332	61.0%
Total	570	619	1,229	1,420	35.6%