Austria: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Austria

In 2022, after two years of growth, there was significant decline in the Austrian man-made filament fabric market, when its value decreased by X% to $X. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value 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. Man-made filament fabric consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Man-Made Filament Fabric Production in Austria

In value terms, man-made filament fabric production plummeted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a modest expansion from 2012 to 2022: its value 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. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Man-made filament fabric production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Man-Made Filament Fabric Exports

Exports from Austria

In 2022, overseas shipments of woven fabrics of man-made filaments and staple fibers increased by X% to X square meters, rising for the third consecutive year after two years of decline. Overall, exports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, man-made filament fabric exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X square meters) was the main destination for man-made filament fabric exports from Austria, accounting for a X% share of total exports. Moreover, man-made filament fabric exports to Germany exceeded the volume sent to the second major destination, Italy (X square meters), more than tenfold. The Netherlands (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) remains the key foreign market for woven fabrics of man-made filaments and staple fibers exports from Austria, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with an X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average man-made filament fabric export price amounted to $X per square meter, reducing by X% against the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per square meter), while the average price for exports to Germany ($X per square meter) was amongst the lowest.

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

Man-Made Filament Fabric Imports

Imports into Austria

In 2022, overseas purchases of woven fabrics of man-made filaments and staple fibers increased by X% to X square meters, rising for the third consecutive year after two years of decline. In general, imports saw strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, man-made filament fabric imports skyrocketed to $X in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X square meters), Germany (X square meters) and the Czech Republic (X square meters) were the main suppliers of man-made filament fabric imports to Austria, with a combined X% share of total imports. Italy, Slovakia, Belgium, Turkey, Spain, North Macedonia, South Korea, France, Switzerland and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to Austria, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Italy, 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: China (X% per year) and Italy (X% per year).

Import Prices by Country

The average man-made filament fabric import price stood at $X per square meter in 2022, growing by X% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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