Austria: Technical Textiles Market 2022

Technical Textiles Market Size in Austria

After four years of decline, the Austrian technical textiles market increased by 7.2% to $X in 2021. In general, consumption, however, saw a abrupt decrease. Technical textiles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Technical Textiles Production in Austria

In value terms, technical textiles production rose to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. Technical textiles production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Technical Textiles Exports

Exports from Austria

In 2021, overseas shipments of textile products and articles for technical uses increased by 20% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +5.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, technical textiles exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 12%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons) was the main destination for technical textiles exports from Austria, accounting for a 39% share of total exports. Moreover, technical textiles exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), sixfold. The Czech Republic (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+6.7% per year) and the Czech Republic (+4.9% per year).

In value terms, Germany ($X) remains the key foreign market for technical textiles exports from Austria, comprising 33% of total exports. The second position in the ranking was held by Italy ($X), with a 7.6% share of total exports. It was followed by France, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+3.4% per year) and France (+1.0% per year).

Export Prices by Country

In 2021, the average technical textiles export price amounted to $X per ton, dropping by -10.7% against the previous year. In general, the export price showed a perceptible setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Denmark ($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 the Czech Republic (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Technical Textiles Imports

Imports into Austria

Technical textiles imports into Austria skyrocketed to X tons in 2021, increasing by 28% against 2020. The total import volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, technical textiles imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest technical textiles supplier to Austria, with a 56% share of total imports. Moreover, technical textiles imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. Slovakia (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.3% per year) and Slovakia (+1.9% per year).

In value terms, Germany ($X) constituted the largest supplier of technical textiles to Austria, comprising 66% of total imports. The second position in the ranking was held by Slovakia ($X), with a 6% share of total imports. It was followed by Italy, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+1.5% per year) and Italy (+7.1% per year).

Import Prices by Country

In 2021, the average technical textiles import price amounted to $X per ton, falling by -10.2% against the previous year. In general, the import price saw a mild decrease. The pace of growth appeared the most rapid in 2020 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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