Austria: Marble And Travertine Market 2022

Marble And Travertine Market Size in Austria

After three years of decline, the Austrian marble and travertine market increased by 130% to $X in 2021. Over the period under review, consumption, however, continues to indicate a abrupt decrease. Marble and travertine consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Marble And Travertine Production in Austria

In value terms, marble and travertine production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt setback. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Marble And Travertine Exports

Exports from Austria

In 2021, exports of marble and travertine from Austria shrank to X tons, which is down by -5.2% on the year before. Over the period under review, exports, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2013 with an increase of 130%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, marble and travertine exports dropped slightly to $X in 2021. In general, exports, however, recorded a mild increase. The most prominent rate of growth was recorded in 2013 when exports increased by 116% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for marble and travertine exports from Austria, with a 83% share of total exports. Moreover, marble and travertine exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +4.4%.

In value terms, Germany ($X) remains the key foreign market for marble and travertine exports from Austria, comprising 80% of total exports. The second position in the ranking was held by Switzerland ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +2.3%.

Export Prices by Country

In 2021, the average marble and travertine export price amounted to $X per ton, picking up by 4.7% against the previous year. In general, the export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2018 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+1.1%).

Marble And Travertine Imports

Imports into Austria

In 2021, marble and travertine imports into Austria surged to X tons, jumping by 110% compared with the year before. In general, imports saw a perceptible increase. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, marble and travertine imports skyrocketed to $X in 2021. Over the period under review, imports recorded a moderate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 109%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest marble and travertine supplier to Austria, accounting for a 56% share of total imports. Moreover, marble and travertine imports from Germany exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Bosnia and Herzegovina (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+48.7% per year) and Bosnia and Herzegovina (+65.3% per year).

In value terms, the largest marble and travertine suppliers to Austria were Germany ($X), India ($X) and Italy ($X), with a combined 83% share of total imports. These countries were followed by Bosnia and Herzegovina, Turkey and Liechtenstein, which together accounted for a further 11%.

In terms of the main suppliers, Bosnia and Herzegovina, with a CAGR of +59.4%, recorded the highest growth rate of 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

In 2021, the average marble and travertine import price amounted to $X per ton, which is down by -8.8% against the previous year. Over the period under review, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2013 an increase of 63% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while the price for Liechtenstein ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Liechtenstein (+47.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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