Austria: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Austria

In 2022, after two years of growth, there was significant decline in the Austrian reel cutting slitter market, when its value decreased by -56.7% to $X. Over the period under review, consumption, however, showed temperate growth. Over the period under review, the market reached the peak level at $X in 2021, and then shrank remarkably in the following year.

Reel Cutting Slitter Exports

Exports from Austria

In 2022, after two years of decline, there was significant growth in overseas shipments of combined reel slitting and re-reeling cutting machines for paper and paperboard, when their volume increased by 79% to X units. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, reel cutting slitter exports soared to $X in 2022. In general, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 252%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X units), Brazil (X units) and Germany (X units) were the main destinations of reel cutting slitter exports from Austria, with a combined 57% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +68.5%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) emerged as the key foreign market for combined reel slitting and re-reeling cutting machines for paper and paperboard exports from Austria, comprising 35% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by Turkey, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil stood at +102.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-13.0% per year) and Turkey (+25.6% per year).

Export Prices by Country

The average reel cutting slitter export price stood at $X per unit in 2022, rising by 11% against the previous year. Overall, the export price showed a slight increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 182%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Turkey ($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 Brazil (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports into Austria

In 2022, approx. X units of combined reel slitting and re-reeling cutting machines for paper and paperboard were imported into Austria; shrinking by -37% compared with the year before. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 113% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, reel cutting slitter imports contracted remarkably to $X in 2022. Over the period under review, imports, however, recorded a notable increase. The most prominent rate of growth was recorded in 2021 with an increase of 130%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Spain (X units) and the UK (X units) were the main suppliers of reel cutting slitter imports to Austria, together comprising 79% of total imports. China, Poland, Italy, Switzerland and the Czech Republic lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +60.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and the UK ($X) constituted the largest reel cutting slitter suppliers to Austria, together accounting for 81% of total imports. These countries were followed by Switzerland, Poland, Italy, China and the Czech Republic, which together accounted for a further 14%.

In terms of the main suppliers, Poland, with a CAGR of +215.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average reel cutting slitter import price stood at $X per unit in 2022, rising by 21% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, reel cutting slitter import price increased by +34.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+79.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :