Austria: Worked Wax Articles Market 2024

Worked Wax Articles Market Size in Austria

The Austrian worked wax articles market expanded remarkably to $X in 2022, increasing by X% 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). In general, consumption, however, recorded a abrupt descent. Worked wax articles consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Worked Wax Articles Exports

Exports from Austria

In 2022, the amount of worked articles of wax exported from Austria reduced remarkably to X units, shrinking by X% on the previous year. In general, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, worked wax articles exports fell significantly to $X in 2022. Overall, exports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units), Bahrain (X units) and Germany (X units) were the main destinations of worked wax articles exports from Austria, together comprising X% of total exports. Norway, Oman, Slovenia and Italy lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X) remains the key foreign market for worked articles of wax exports from Austria, comprising X% of total exports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total exports. It was followed by Italy, with a 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 Italy (X% per year).

Export Prices by Country

In 2022, the average worked wax articles export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price enjoyed a measured expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 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 Slovenia ($X per unit), while the average price for exports to Bahrain (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Worked Wax Articles Imports

Imports into Austria

In 2022, approx. X units of worked articles of wax were imported into Austria; growing by X% against 2021. Overall, imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, worked wax articles imports soared to $X in 2022. In general, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Greece (X units), Belgium (X units) and Spain (X units) were the main suppliers of worked wax articles imports to Austria, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest worked wax articles suppliers to Austria were Germany ($X), Belgium ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average worked wax articles import price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, import price indicated resilient 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. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Greece (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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