Austria: Plastic Furniture Market 2024

Plastic Furniture Market Size in Austria

In 2021, the Austrian plastic furniture market increased by 21% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +76.9% against 2017 indices. Plastic furniture consumption peaked in 2021 and is expected to retain growth in the near future.

Plastic Furniture Production in Austria

In value terms, plastic furniture production reduced rapidly to $X in 2021 estimated in export price. Overall, production showed a slight slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 539%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Plastic Furniture Exports

Exports from Austria

In 2021, overseas shipments of furniture of plastic decreased by -25.4% to X units, falling for the third consecutive year after three years of growth. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by 16%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, plastic furniture exports dropped to $X in 2021. Overall, exports showed a noticeable shrinkage. The growth pace was the most rapid in 2017 when exports increased by 122% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for plastic furniture exports from Austria, accounting for a 42% share of total exports. Moreover, plastic furniture exports to Brazil exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was taken by Canada (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil stood at +46.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-25.1% per year) and Canada (+50.4% per year).

In value terms, Canada ($X) emerged as the key foreign market for plastic furniture exports from Austria, comprising 39% of total exports. The second position in the ranking was taken by Brazil ($X), with a 17% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Canada totaled +70.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+45.8% per year) and Germany (-15.2% per year).

Export Prices by Country

In 2021, the average plastic furniture export price amounted to $X per unit, increasing by 25% against the previous year. In general, the export price recorded a buoyant increase. The growth pace was the most rapid in 2017 an increase of 113%. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Canada ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Furniture Imports

Imports into Austria

In 2021, overseas purchases of furniture of plastic increased by 39% to X units, rising for the third consecutive year after two years of decline. In general, imports showed a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic furniture imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a slight reduction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest plastic furniture supplier to Austria, with a 52% share of total imports. Moreover, plastic furniture imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. China (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.6% per year) and China (-2.6% per year).

In value terms, Germany ($X) constituted the largest supplier of plastic furniture to Austria, comprising 64% of total imports. The second position in the ranking was taken by Italy ($X), with an 8% share of total imports. It was followed by China, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.7% per year) and China (-5.3% per year).

Import Prices by Country

The average plastic furniture import price stood at $X per unit in 2021, with a decrease of -5.6% against the previous year. In general, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Slovenia ($X per unit), while the price for Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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