Austria: Fireworks Market 2024

Fireworks Market Size in Austria

After two years of decline, the Austrian fireworks market increased by X% to $X in 2022. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Fireworks consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Fireworks Production in Austria

In value terms, fireworks production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild slump. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Fireworks Exports

Exports from Austria

In 2022, shipments abroad of fireworks decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, fireworks exports shrank to $X in 2022. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for fireworks exports from Austria, with a X% share of total exports. Moreover, fireworks exports to Germany exceeded the volume sent to the second major destination, Slovenia (X tons), twofold. Denmark (X tons) ranked third in terms of total exports with a 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: Slovenia (X% per year) and Denmark (X% per year).

In value terms, Germany ($X) remains the key foreign market for fireworks exports from Austria, comprising X% of total exports. The second position in the ranking was held by Slovenia ($X), with a X% share of total exports. It was followed by Denmark, with an X% share.

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

Export Prices by Country

The average fireworks export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, export price indicated prominent 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, fireworks export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Denmark ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fireworks Imports

Imports into Austria

In 2022, purchases abroad of fireworks increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt descent. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fireworks imports skyrocketed to $X in 2022. Overall, imports, however, saw a pronounced downturn. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest fireworks supplier to Austria, with a X% share of total imports. Moreover, fireworks imports from China exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), fivefold. Germany (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 China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of fireworks to Austria, comprising X% of total imports. The second position in the ranking was taken by Slovenia ($X), with an X% share of total imports. It was followed by Germany, with an X% share.

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

Import Prices by Country

In 2022, the average fireworks import price amounted to $X per ton, leveling off at the previous year. Over the period under review, import price indicated a temperate increase 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, fireworks import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted modestly in the following year.

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 Switzerland ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform