Austria: Glass Fibre Fabrics Market Overview 2021

Glass Fibre Fabrics Market Size in Austria

The Austrian glass fibre fabrics market rose notably to $X in 2020, with an increase of X% against the previous year. In general, consumption, however, showed a slight slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Glass Fibre Fabrics Production in Austria

In value terms, glass fibre fabrics production shrank to $X in 2020 estimated in export prices. In general, production continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Glass Fibre Fabrics Exports

Exports from Austria

In 2020, after two years of growth, there was significant decline in shipments abroad of glass fibre fabrics, when their volume decreased by -X% to X tonnes. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, glass fibre fabrics exports dropped notably to $X in 2020. Over the period under review, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

France (X tonnes), Germany (X tonnes) and Bulgaria (X tonnes) were the main destinations of glass fibre fabrics exports from Austria, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass fibre fabrics exported from Austria were Germany ($X), France ($X) and Bulgaria ($X), together comprising X% of total exports.

Bulgaria recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average glass fibre fabrics export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to Romania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina, while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Fabrics Imports

Imports into Austria

In 2020, the amount of glass fibre fabrics imported into Austria reduced to X tonnes, waning by -X% compared with 2019 figures. In general, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, glass fibre fabrics imports contracted markedly to $X in 2020. Over the period under review, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tonnes), the Czech Republic (X tonnes) and Egypt (X tonnes) were the main suppliers of glass fibre fabrics imports to Austria, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Egypt (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Czech Republic ($X) appeared to be the largest glass fibre fabrics suppliers to Austria, together accounting for X% of total imports. These countries were followed by Egypt, China, Tunisia, Italy, Taiwan (Chinese), Croatia, Slovakia, Hungary and Poland, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average glass fibre fabrics import price amounted to $X per tonne, declining by -X% against the previous year. In general, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per tonne), while the price for Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibre fabrics in the world?

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The country with the largest volume of glass fibre fabrics consumption was China (674K tonnes), accounting for 27% of total volume. Moreover, glass fibre fabrics consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (312K tonnes), twofold. The third position in this ranking was occupied by India (266K tonnes), with a 11% share.

What are the largest producers of glass fibre fabrics in the world?

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The country with the largest volume of glass fibre fabrics production was China (822K tonnes), accounting for 32% of total volume. Moreover, glass fibre fabrics production in China exceeded the figures recorded by the second-largest producer, the U.S. (307K tonnes), threefold. The third position in this ranking was occupied by India (260K tonnes), with a 10% share.

What are the leading suppliers of glass fibre fabrics to Austria?

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In value terms, Germany ($14M), France ($13M) and the Czech Republic ($6.1M) appeared to be the largest glass fibre fabrics suppliers to Austria, with a combined 60% share of total imports. These countries were followed by Egypt, China, Tunisia, Italy, Taiwan (Chinese), Croatia, Slovakia, Hungary and Poland, which together accounted for a further 31%.

What are the leading importers of glass fibre fabrics from Austria?

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In value terms, the largest markets for glass fibre fabrics exported from Austria were Germany ($9.3M), France ($6.4M) and Bulgaria ($1.8M), with a combined 66% share of total exports.

What is the average export price for glass fibre fabrics in Austria?

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The average glass fibre fabrics export price stood at $10,367 per tonne in 2020, with an increase of 34% against the previous year.

What is the average import price for glass fibre fabrics in Austria?

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The average glass fibre fabrics import price stood at $3,721 per tonne in 2020, reducing by -13.4% against the previous year.