Austria: Market for Extruded Solid Rubber Rods And Profiles 2024

Market Size for Extruded Solid Rubber Rods And Profiles in Austria

For the third consecutive year, the Austrian extruded solid rubber rod market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Production of Extruded Solid Rubber Rods And Profiles in Austria

In value terms, extruded solid rubber rod production expanded notably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Extruded solid rubber rod production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Austria

In 2022, overseas shipments of extruded solid rubber rods and profiles decreased by X% to X tons, falling for the sixth consecutive year after three years of growth. Overall, exports saw a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, extruded solid rubber rod exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

France (X tons), the Czech Republic (X tons) and Germany (X tons) were the main destinations of extruded solid rubber rod exports from Austria, with a combined X% share of total exports. Hungary, Spain, Switzerland, Slovenia, Italy, Bosnia and Herzegovina, Belgium, Slovakia, Poland and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bosnia and Herzegovina (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for extruded solid rubber rod exported from Austria were the Czech Republic ($X), Germany ($X) and France ($X), together comprising X% of total exports. Hungary, Switzerland, Slovenia, Bosnia and Herzegovina, Slovakia, Italy, Poland, Belgium, Spain and Romania lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average extruded solid rubber rod export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, extruded solid rubber rod export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Spain ($X 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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into Austria

In 2022, the amount of extruded solid rubber rods and profiles imported into Austria stood at X tons, flattening at the previous year's figure. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, extruded solid rubber rod imports dropped slightly to $X in 2022. In general, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then dropped modestly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest extruded solid rubber rod supplier to Austria, accounting for a X% share of total imports. Moreover, extruded solid rubber rod imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Switzerland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Switzerland (X% per year).

In value terms, Germany ($X) constituted the largest supplier of extruded solid rubber rods and profiles to Austria, comprising X% of total imports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Italy (X% per year).

Import Prices by Country

The average extruded solid rubber rod import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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