Austria: Blanket Market 2024

Blanket Market Size in Austria

The Austrian blanket market was finally on the rise to reach $X in 2022, after three years of decline. The market value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Blanket consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Blanket Production in Austria

In value terms, blanket production reduced markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 26%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Blanket Exports

Exports from Austria

In 2022, overseas shipments of blankets and traveling rugs (except electric blankets) increased by 25% to X tons, rising for the third year in a row after three years of decline. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, blanket exports reached $X in 2022. The total export value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 22% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Poland (X tons) and Slovakia (X tons) were the main destinations of blanket exports from Austria.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +40.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for blankets and traveling rugs (except electric blankets) exports from Austria, comprising 46% of total exports. The second position in the ranking was taken by Poland ($X), with a 14% share of total exports. It was followed by Switzerland, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+29.8% per year) and Switzerland (-3.9% per year).

Export Prices by Country

In 2022, the average blanket export price amounted to $X per ton, falling by -12.8% against the previous year. Overall, the export price showed a noticeable reduction. The growth pace was the most rapid in 2017 when the average export price increased by 16% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Blanket Imports

Imports into Austria

Blanket imports into Austria soared to X tons in 2022, rising by 44% on the year before. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 47% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, blanket imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013 with an increase of 36%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Slovakia (X tons) were the main suppliers of blanket imports to Austria.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +68.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Slovakia ($X) appeared to be the largest blanket suppliers to Austria, with a combined 82% share of total imports. Poland, Turkey, India, Hungary and Thailand lagged somewhat behind, together accounting for a further 11%.

Poland, with a CAGR of +27.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average blanket import price stood at $X per ton in 2022, waning by -24.5% against the previous year. In general, the import price recorded a mild contraction. The pace of growth was the most pronounced in 2021 an increase of 56%. As a result, import price attained the peak level of $X per ton, and then declined rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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