Austria: Safety Glass Market 2024

Safety Glass Market Size in Austria

The Austrian safety glass market dropped markedly to $X in 2022, with a decrease of -23.9% against the previous year. In general, consumption continues to indicate a slight shrinkage. As a result, consumption reached the peak level of $X, and then declined remarkably in the following year.

Safety Glass Production in Austria

In value terms, safety glass production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable decline. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Safety Glass Exports

Exports from Austria

In 2022, approx. X square meters of safety glass were exported from Austria; declining by -7.3% compared with the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 26%. The exports peaked at X square meters in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, safety glass exports shrank to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Germany (X square meters), Switzerland (X square meters) and Italy (X square meters) were the main destinations of safety glass exports from Austria, together accounting for 71% of total exports. The Czech Republic, Slovakia, Slovenia and France lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +14.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for safety glass exported from Austria were Germany ($X), Switzerland ($X) and Italy ($X), together comprising 69% of total exports. These countries were followed by the Czech Republic, Slovenia, Slovakia and France, which together accounted for a further 16%.

Slovakia, with a CAGR of +5.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average safety glass export price stood at $X per square meter in 2022, reducing by -3% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. The export price peaked at $X per square meter in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per square meter), while the average price for exports to France ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Safety Glass Imports

Imports into Austria

In 2022, safety glass imports into Austria contracted rapidly to X square meters, declining by -20.7% against 2021 figures. In general, imports saw a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 6.8%. Over the period under review, imports attained the peak figure at X square meters in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, safety glass imports shrank markedly to $X in 2022. Overall, imports continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, Germany (X square meters) constituted the largest safety glass supplier to Austria, with a 44% share of total imports. Moreover, safety glass imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X square meters), fourfold. Italy (X square meters) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.3% per year) and Italy (-7.0% per year).

In value terms, Germany ($X) constituted the largest supplier of safety glass to Austria, comprising 38% of total imports. The second position in the ranking was held by Poland ($X), with an 18% share of total imports. It was followed by Italy, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.2% per year) and Italy (-8.6% per year).

Import Prices by Country

In 2022, the average safety glass import price amounted to $X per square meter, with a decrease of -9.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 14%. Over the period under review, average import prices hit record highs at $X per square meter in 2021, and then fell in the following year.

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 Belgium ($X per square meter), while the price for Vietnam ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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