Austria - Footwear - Market Analysis, Forecast, Size, Trends And Insights

Austria: Footwear Market Overview 2020

Footwear Market Size in Austria

The revenue of the footwear market in Austria amounted to $X in 2018, rising by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Footwear consumption peaked at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Footwear Production in Austria

In value terms, footwear production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, footwear production reached its peak level and is likely to continue its growth in the immediate term.

Footwear Exports

Exports from Austria

In 2018, the footwear exports from Austria stood at X pairs, declining by -X% against the previous year. Over the period under review, footwear exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Exports peaked at X pairs in 2017, and then declined slightly in the following year.

In value terms, footwear exports amounted to $X in 2018. Over the period under review, footwear exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

Germany (X pairs) was the main destination for footwear exports from Austria, with a X% share of total exports. Moreover, footwear exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X pairs), fourfold. Italy (X pairs) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Italy (-X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Switzerland (-X% per year).

Export Prices by Country

In 2018, the average footwear export price amounted to $X per pair, rising by X% against the previous year. Overall, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of X% year-to-year. In that year, the average export prices for footwear reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per pair), while the average price for exports to the Czech Republic ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced mixed trend patterns.

Footwear Imports

Imports into Austria

In 2018, approx. X pairs of footwear were imported into Austria; reducing by -X% against the previous year. In general, footwear imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X pairs in 2017, and then declined slightly in the following year.

In value terms, footwear imports totaled $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, footwear imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

China (X pairs), Slovakia (X pairs) and Germany (X pairs) were the main suppliers of footwear imports to Austria, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Slovakia, while the other leaders experienced a decline.

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

From 2007 to 2018, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the average footwear import price amounted to $X per pair, rising by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. In that year, the average import prices for footwear reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per pair), while the price for Hungary ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform