Report Update Nov 1, 2024

Austria - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights

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Austria: Market for Glass Fibres And Glass Wool 2024

Market Size for Glass Fibres And Glass Wool in Austria

In 2022, the Austrian glass fibres and wool market increased by 21% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a prominent expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Exports of Glass Fibres And Glass Wool

Exports from Austria

Glass fibres and wool exports from Austria skyrocketed to X tons in 2022, rising by 144% compared with 2021 figures. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass fibres and wool exports surged to $X in 2022. In general, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for glass fibres and wool exports from Austria, with a 27% share of total exports. Moreover, glass fibres and wool exports to Germany exceeded the volume sent to the second major destination, Croatia (X tons), twofold. The third position in this ranking was taken by Bulgaria (X tons), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+31.7% per year) and Bulgaria (+39.4% per year).

In value terms, Germany ($X) emerged as the key foreign market for glass fibres and glass wool exports from Austria, comprising 34% of total exports. The second position in the ranking was taken by the United States ($X), with a 9% share of total exports. It was followed by Croatia, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +23.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+12.0% per year) and Croatia (+29.4% per year).

Export Prices by Country

The average glass fibres and wool export price stood at $X per ton in 2022, increasing by 13% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 55%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Ukraine ($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 (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres And Glass Wool

Imports into Austria

In 2022, overseas purchases of glass fibres and glass wool increased by 22% to X tons, rising for the second year in a row after two years of decline. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, glass fibres and wool imports skyrocketed to $X in 2022. Overall, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest glass fibres and wool supplier to Austria, with a 61% share of total imports. Moreover, glass fibres and wool imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), eightfold. China (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+20.8% per year) and China (+38.1% per year).

In value terms, Germany ($X) constituted the largest supplier of glass fibres and glass wool to Austria, comprising 52% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports. It was followed by the Czech Republic, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+35.1% per year) and the Czech Republic (+37.6% per year).

Import Prices by Country

In 2022, the average glass fibres and wool import price amounted to $X per ton, jumping by 40% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibres and glass wool in the world?

The countries with the highest volumes of in 2021 were China, the UK and India, together accounting for 38% of global consumption. These countries were followed by the United States, Japan, Belgium, Russia, France, Mexico, Germany, Turkey, South Korea and Finland, which together accounted for a further 33%.

What are the largest producers of glass fibres and glass wool in the world?

The country with the largest volume of glass fibres and wool production was China, comprising approx. 25% of total volume. Moreover, glass fibres and wool production in China exceeded the figures recorded by the second-largest producer, the UK, twofold. India ranked third in terms of total production with a 7.3% share.

What are the leading suppliers of glass fibres and glass wool to Austria?

In value terms, Germany constituted the largest supplier of glass fibres and wool to Austria, comprising 81% of total imports. The second position in the ranking was occupied by Italy, with a 3.2% share of total imports. It was followed by Slovenia, with a 2.5% share.

What are the leading importers of glass fibres and glass wool from Austria?

In value terms, the Czech Republic, Germany and the United States were the largest markets for glass fibres and wool exported from Austria worldwide, with a combined 42% share of total exports. Hungary, the UK, Switzerland, Bosnia and Herzegovina, Egypt, Italy, France, Ukraine, Romania and Slovenia lagged somewhat behind, together accounting for a further 33%.

What is the average export price for glass fibres and glass wool in Austria?

The average glass fibres and wool export price stood at $14,564 per ton in 2021, picking up by 12% against the previous year.

What is the average import price for glass fibres and glass wool in Austria?

The average glass fibres and wool import price stood at $6,049 per ton in 2021, rising by 1.8% against the previous year.

This report provides an in-depth analysis of the market for glass fibres and wool in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)

Country coverage:

Austria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Austria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023