Austria: Cushion Cover Market 2024

Cushion Cover Market Size in Austria

The Austrian cushion cover market totaled $X in 2021, picking up by 12% against the previous year. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Cushion cover consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Cushion Cover Production in Austria

In value terms, cushion cover production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Cushion Cover Exports

Exports from Austria

In 2021, overseas shipments of furnishing articles for car seats decreased by -1.3% to X tons for the first time since 2018, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by 29% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cushion cover exports dropped to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 24% against the previous year. The exports peaked at $X in 2020, and then shrank in the following year.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Italy (X tons) were the main destinations of cushion cover exports from Austria, with a combined 58% share of total exports. These countries were followed by Poland, Romania, Hungary, France, Switzerland, Greece, Slovakia and Croatia, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +28.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for furnishing articles for car seats exports from Austria, comprising 43% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 12% share of total exports. It was followed by Switzerland, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+15.0% per year) and Switzerland (-3.0% per year).

Export Prices by Country

In 2021, the average cushion cover export price amounted to $X per ton, with a decrease of -4.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 16% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($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 Switzerland (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cushion Cover Imports

Imports into Austria

Cushion cover imports into Austria rose remarkably to X tons in 2021, picking up by 5.2% on the previous year. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, cushion cover imports amounted to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 27% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and Turkey (X tons) were the main suppliers of cushion cover imports to Austria, together comprising 73% of total imports. These countries were followed by Italy, Pakistan, Slovakia, Poland, Belgium, India, the Netherlands, Spain and Vietnam, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +37.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of furnishing articles for car seats to Austria, comprising 49% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by Poland, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.9% per year) and Poland (-1.6% per year).

Import Prices by Country

The average cushion cover import price stood at $X per ton in 2021, increasing by 3.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 5.3%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform