Austria: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Austria

The Austrian paper bag machine market shrank to $X.6B in 2022, which is down by X% against the previous year. In general, consumption, however, recorded strong growth. As a result, consumption reached the peak level of $X.1B. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Paper Bag Machine Production in Austria

In value terms, paper bag machine production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X.9B. From 2019 to 2022, production growth remained at a somewhat lower figure.

Paper Bag Machine Exports

Exports from Austria

In 2022, shipments abroad of machines for making bags, sacks or envelopes of paper or paperboard decreased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a abrupt decrease. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, paper bag machine exports stood at $X in 2022. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2019 when exports increased by X,899% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for paper bag machine exports from Austria, accounting for a X% share of total exports. Moreover, paper bag machine exports to the Czech Republic exceeded the volume sent to the second major destination, Poland (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic stood at X%.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled X%.

Export Prices by Country

The average paper bag machine export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a dramatic contraction. The pace of growth appeared the most rapid in 2019 an increase of X,723%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to the Czech Republic totaled $X per unit.

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.

Paper Bag Machine Imports

Imports into Austria

In 2022, approx. X units of machines for making bags, sacks or envelopes of paper or paperboard were imported into Austria; dropping by X% against the previous year's figure. Over the period under review, imports, however, showed a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper bag machine imports fell rapidly to $X in 2022. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of paper bag machine imports to Austria, with a combined X% share of total imports. Moreover, paper bag machine imports in Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic, twofold.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to Austria, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the average paper bag machine import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 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 ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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