Austria: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2024

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Austria

In 2022, the Austrian market for blankets and travelling rugs of synthetic fibres increased by 2.3% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +15.8% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Austria

In value terms, travelling rugs of synthetic fibre production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 658%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Austria

In 2022, the amount of blankets and travelling rugs of synthetic fibres exported from Austria surged to X units, picking up by 51% against 2021. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, travelling rugs of synthetic fibre exports soared to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X units) was the main destination for travelling rugs of synthetic fibre exports from Austria, with a 36% share of total exports. Moreover, travelling rugs of synthetic fibre exports to Poland exceeded the volume sent to the second major destination, Germany (X units), threefold. The Czech Republic (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland totaled +38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.1% per year) and the Czech Republic (+5.8% per year).

In value terms, the largest markets for travelling rugs of synthetic fibre exported from Austria were Poland ($X), Germany ($X) and the Czech Republic ($X), with a combined 56% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +31.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2022, leveling off at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 11% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Poland ($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 Switzerland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Austria

In 2022, purchases abroad of blankets and travelling rugs of synthetic fibres was finally on the rise to reach X units after four years of decline. The total import volume increased at an average annual rate of +4.6% 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 imports increased by 32%. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, travelling rugs of synthetic fibre imports soared to $X in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 45% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Germany (X units) and Slovakia (X units) were the main suppliers of travelling rugs of synthetic fibre imports to Austria, with a combined 88% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +293.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest travelling rugs of synthetic fibre suppliers to Austria were Germany ($X), China ($X) and Slovakia ($X), with a combined 85% share of total imports.

Slovakia, with a CAGR of +289.3%, saw the highest growth rate of 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 import price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2022, which is down by -6.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 14%. Over the period under review, average import prices hit record highs at $X per unit 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 the Czech Republic ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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