Austria: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2023

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Austria

The Austrian non-woven glass fibre articles market rose slightly to $X in 2021, increasing by 4.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a strong increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the near future.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Austria

In 2021, the amount of non-woven glass fibre webs, felts, mattresses and boards exported from Austria dropped to X tons, reducing by -9.3% against 2020 figures. Overall, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2015 with an increase of 227% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, non-woven glass fibre articles exports surged to $X in 2021. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 352% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for non-woven glass fibre articles exports from Austria, with a 53% share of total exports. Moreover, non-woven glass fibre articles exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. Italy (X tons) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+85.2% per year) and Italy (+3.4% per year).

In value terms, Germany ($X) remains the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Austria, comprising 67% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.8% share of total exports. It was followed by France, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+41.5% per year) and France (+2.0% per year).

Export Prices by Country

The average non-woven glass fibre articles export price stood at $X per ton in 2021, picking up by 28% against the previous year. In general, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-woven glass fibre articles export price increased by +58.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 38% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Austria

After two years of decline, purchases abroad of non-woven glass fibre webs, felts, mattresses and boards increased by 5.4% to X tons in 2021. In general, imports showed resilient growth. The growth pace was the most rapid in 2016 with an increase of 152% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, non-woven glass fibre articles imports stood at $X in 2021. Over the period under review, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when imports increased by 118%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and Poland (X tons) were the main suppliers of non-woven glass fibre articles imports to Austria, together accounting for 64% of total imports. Switzerland, Slovenia, the UK and Turkey lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +153.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Slovenia ($X) constituted the largest non-woven glass fibre articles suppliers to Austria, with a combined 50% share of total imports. Poland, Switzerland, the UK and Turkey lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, Turkey, with a CAGR of +145.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-woven glass fibre articles import price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 6.4% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Slovenia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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