Austria: Glass Fibre Mat Market 2023

Glass Fibre Mat Market Size in Austria

The Austrian glass fibre mat market dropped slightly to $X in 2022, waning by -1.8% against the previous year. In general, consumption, however, posted a resilient increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Glass Fibre Mat Production in Austria

In value terms, glass fibre mat production dropped to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 207%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Glass Fibre Mat Exports

Exports from Austria

In 2022, after two years of growth, there was significant decline in overseas shipments of glass fibre mats, when their volume decreased by -24.6% to X tons. In general, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 95%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, glass fibre mat exports dropped to $X in 2022. Overall, exports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs 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 glass fibre mat exports from Austria, accounting for a 27% share of total exports. Moreover, glass fibre mat exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled -15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-24.7% per year) and Italy (-13.7% per year).

In value terms, Germany ($X) remains the key foreign market for glass fibre mats exports from Austria, comprising 38% of total exports. The second position in the ranking was taken by Italy ($X), with an 8% share of total exports. It was followed by Hungary, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-5.0% per year) and Hungary (-5.3% per year).

Export Prices by Country

The average glass fibre mat export price stood at $X per ton in 2022, rising by 15% against the previous year. Over the period under review, the export price showed prominent growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 83%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Croatia ($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 Switzerland (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Mat Imports

Imports into Austria

In 2022, approx. X tons of glass fibre mats were imported into Austria; with an increase of 12% against the previous year's figure. Over the period under review, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2018 with an increase of 81% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, glass fibre mat imports amounted to $X in 2022. In general, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of glass fibre mat to Austria, with a 35% share of total imports. Moreover, glass fibre mat imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. France (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+8.7% per year) and France (+1.9% per year).

In value terms, Germany ($X) constituted the largest supplier of glass fibre mats to Austria, comprising 47% of total imports. The second position in the ranking was held by France ($X), with a 12% share of total imports. It was followed by Turkey, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.6% per year) and Turkey (+5.7% per year).

Import Prices by Country

In 2022, the average glass fibre mat import price amounted to $X per ton, falling by -10.4% against the previous year. Overall, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2019 an increase of 96%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($X per ton), while the price for Finland ($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 (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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