Austria: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Austria

The Austrian glass in the mass market declined to $X in 2022, waning by -6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a buoyant expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Glass in The Mass

Exports from Austria

Glass in the mass exports from Austria totaled X tons in 2022, picking up by 2.6% against 2021 figures. In general, exports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 95%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, glass in the mass exports fell to $X in 2022. Over the period under review, exports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of 79%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for glass in the mass exports from Austria, accounting for a 61% share of total exports. Moreover, glass in the mass exports to Germany exceeded the volume sent to the second major destination, Croatia (X tons), twofold. Italy (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+0.7% per year) and Italy (-12.2% per year).

In value terms, Germany ($X) remains the key foreign market for glass in the mass exports from Austria, comprising 63% of total exports. The second position in the ranking was held by Croatia ($X), with a 17% share of total exports. It was followed by Italy, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (-7.6% per year) and Italy (-8.8% per year).

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, dropping by -2.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 14%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 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 Italy ($X per ton), while the average price for exports to Croatia ($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 Italy (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass in The Mass

Imports into Austria

In 2022, approx. X tons of glass in the mass were imported into Austria; approximately mirroring the year before. Overall, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.2% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 14% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, glass in the mass imports shrank to $X in 2022. In general, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.8% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by 21% against the previous year. Over the period under review, glass in mass imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Slovenia (X tons), Switzerland (X tons) and Croatia (X tons) were the main suppliers of glass in the mass imports to Austria, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +34.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass in the mass suppliers to Austria were Germany ($X), Switzerland ($X) and Slovenia ($X), together comprising 82% of total imports.

In terms of the main suppliers, Switzerland, with a CAGR of +33.8%, 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 glass in the mass import price stood at $X per ton in 2022, declining by -7.4% against the previous year. Overall, the import price continues to indicate a mild slump. The growth pace was the most rapid in 2021 when the average import price increased by 14%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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