Austria: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Austria

The Austrian market for prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021, rising by 16% against the previous year. Over the period under review, consumption, however, recorded a mild contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Austria

In value terms, production of prefabricated buildings of plastics, concrete or aluminium rose remarkably to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Austria

In 2021, after two years of decline, there was significant growth in overseas shipments of prefabricated buildings of plastics, concrete or aluminium, when their volume increased by 14% to X tons. In general, exports, however, recorded a mild setback. Over the period under review, the exports of attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021. Overall, total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +26.8% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from Austria, with a 79% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to Germany exceeded the volume sent to the second major destination, France (X tons), fivefold. The third position in this ranking was taken by the UK (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+18.0% per year) and the UK (+13.2% per year).

In value terms, Germany ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from Austria, comprising 60% of total exports. The second position in the ranking was held by Switzerland ($X), with an 11% share of total exports. It was followed by France, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-3.5% per year) and France (+13.9% per year).

Export Prices by Country

In 2021, the average export price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, increasing by 12% against the previous year. Overall, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 67% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the UK ($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 Italy (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Austria

In 2021, the amount of prefabricated buildings of plastics, concrete or aluminium imported into Austria contracted to X tons, shrinking by -6.3% against the previous year's figure. In general, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 when imports increased by 21% against the previous year. Over the period under review, imports of hit record highs at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. Overall, total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.6% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Austria, accounting for a 52% share of total imports. Moreover, imports of prefabricated buildings of plastics, concrete or aluminium from Germany exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), threefold. Croatia (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (-1.1% per year) and Croatia (+2.9% per year).

In value terms, Germany ($X), Slovenia ($X) and Croatia ($X) appeared to be the largest prefabricated buildings of plastics, concrete or aluminium suppliers to Austria, together accounting for 50% of total imports. These countries were followed by the Netherlands, the Czech Republic, China, Hungary, Russia and Slovakia, which together accounted for a further 29%.

Russia, with a CAGR of +78.0%, recorded the highest rates of growth with regard to 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 import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, jumping by 53% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for prefabricated buildings of plastics, concrete or aluminium increased by +110.4% against 2018 indices. As a result, import price attained 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 Hungary ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform