Austria: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Austria

In 2022, the Austrian high-tenacity filament nylon yarn market increased by 27% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a prominent increase. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Austria

High-tenacity filament nylon yarn exports from Austria skyrocketed to X tons in 2022, growing by 34% on 2021. In general, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 2,445% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn exports soared to $X in 2022. Over the period under review, exports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,560% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X tons), Germany (X tons) and India (X kg) were the main destinations of high-tenacity filament nylon yarn exports from Austria, with a combined 96% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +91.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) emerged as the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Austria, comprising 54% of total exports. The second position in the ranking was taken by Germany ($X), with a 25% share of total exports. It was followed by the United States, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Hungary amounted to +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+85.2% per year) and the United States (+75.8% per year).

Export Prices by Country

In 2022, the average high-tenacity filament nylon yarn export price amounted to $X per ton, rising by 14% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 68%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Switzerland ($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 the United States (+27.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Austria

In 2022, supplies from abroad of high-tenacity filament yarn of nylon or other polyamides increased by 3.4% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% 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 +85.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 79% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament nylon yarn imports surged to $X in 2022. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 113%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and China (X tons) were the main suppliers of high-tenacity filament nylon yarn imports to Austria, together comprising 86% of total imports. Spain, Slovakia, Italy and the Netherlands lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +216.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the Czech Republic ($X) constituted the largest high-tenacity filament nylon yarn suppliers to Austria, with a combined 81% share of total imports. Spain, Slovakia, Italy and the Netherlands lagged somewhat behind, together comprising a further 17%.

Spain, with a CAGR of +240.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average high-tenacity filament nylon yarn import price stood at $X per ton in 2022, growing by 27% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, high-tenacity filament nylon yarn import price increased by +50.9% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Slovakia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :