Austria: Festive Articles Market 2024

Festive Articles Market Size in Austria

In 2022, after two years of decline, there was significant growth in the Austrian festive articles market, when its value increased by X% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Festive Articles Exports

Exports from Austria

In 2022, shipments abroad of festive or carnival articles increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, festive articles exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for festive articles exports from Austria, with a X% share of total exports. Moreover, festive articles exports to Germany exceeded the volume sent to the second major destination, Croatia (X tons), sixfold. Slovenia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Slovenia (X% per year).

In value terms, Germany ($X) remains the key foreign market for festive or carnival articles exports from Austria, comprising X% of total exports. The second position in the ranking was held by Croatia ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average festive articles export price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

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Festive Articles Imports

Imports into Austria

In 2022, after two years of decline, there was significant growth in purchases abroad of festive or carnival articles, when their volume increased by X% to X tons. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, festive articles imports amounted to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest festive articles supplier to Austria, with a X% share of total imports. Moreover, festive articles imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Slovakia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X) constituted the largest supplier of festive or carnival articles to Austria, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Slovakia, with a X% share.

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

Import Prices by Country

The average festive articles import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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