Austria: Narrow Woven Fabric Market 2025

Narrow Woven Fabric Market Size in Austria

For the third year in a row, the Austrian narrow woven fabric market recorded decline in sales value, which decreased by -3.6% to $X in 2021. In general, consumption recorded a noticeable curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Narrow Woven Fabric Production in Austria

In value terms, narrow woven fabric production rose notably to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 9.4%. Narrow woven fabric production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Narrow Woven Fabric Exports

Exports from Austria

After two years of decline, shipments abroad of narrow woven fabrics increased by 22% to X tons in 2021. In general, exports, however, recorded a mild reduction. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, narrow woven fabric exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a slight reduction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for narrow woven fabric exports from Austria, with a 25% share of total exports. Moreover, narrow woven fabric exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+20.3% per year) and Turkey (+8.4% per year).

In value terms, Germany ($X) remains the key foreign market for narrow woven fabrics exports from Austria, comprising 25% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an 8% share of total exports. It was followed by Hungary, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+2.0% per year) and Hungary (+3.5% per year).

Export Prices by Country

The average narrow woven fabric export price stood at $X per ton in 2021, picking up by 5.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9.1%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Narrow Woven Fabric Imports

Imports into Austria

In 2021, purchases abroad of narrow woven fabrics decreased by -7.4% to X tons, falling for the fifth consecutive year after two years of growth. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 49%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, narrow woven fabric imports expanded rapidly to $X in 2021. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 23%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest narrow woven fabric supplier to Austria, accounting for a 46% share of total imports. Moreover, narrow woven fabric imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.0% per year) and Italy (-2.5% per year).

In value terms, Germany ($X) constituted the largest supplier of narrow woven fabrics to Austria, comprising 53% of total imports. The second position in the ranking was held by France ($X), with an 8.4% share of total imports. It was followed by Italy, with an 8% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+2.1% per year) and Italy (+0.8% per year).

Import Prices by Country

The average narrow woven fabric import price stood at $X per ton in 2021, rising by 16% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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