Austria: Sails Market 2024

Sails Market Size in Austria

The Austrian sails market expanded sharply to $X in 2022, surging by 8.9% against the previous year. Overall, consumption posted a remarkable increase. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sails Production in Austria

In value terms, sails production expanded notably to $X in 2022 estimated in export price. Overall, production showed a perceptible increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 53% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Sails Exports

Exports from Austria

In 2022, sails exports from Austria fell rapidly to X tons, shrinking by -43.3% on 2021. In general, exports saw a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 149%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sails exports dropped significantly to $X in 2022. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 106% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X tons), the United States (X tons) and Germany (X kg) were the main destinations of sails exports from Austria, together accounting for 69% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +45.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), the United States ($X) and Germany ($X) constituted the largest markets for sails exported from Austria worldwide, together accounting for 63% of total exports.

The United States, with a CAGR of +45.7%, recorded the highest rates of growth with regard to 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

In 2022, the average sails export price amounted to $X per ton, with an increase of 43% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 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 Gibraltar ($X per ton), while the average price for exports to Greece ($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 Gibraltar (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sails Imports

Imports into Austria

In 2022, approx. X tons of sails were imported into Austria; with a decrease of -13.3% on the year before. Overall, imports, however, saw a strong expansion. The growth pace was the most rapid in 2015 with an increase of 363% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, sails imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of 411%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and China (X tons) were the main suppliers of sails imports to Austria, together comprising 63% of total imports. Sri Lanka, France, the Czech Republic, the Netherlands, Romania and Hong Kong SAR lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +148.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Sri Lanka ($X) and France ($X) were the largest sails suppliers to Austria, together comprising 62% of total imports. Poland, Germany, the Czech Republic, the Netherlands, Romania and Hong Kong SAR lagged somewhat behind, together accounting for a further 29%.

The Czech Republic, with a CAGR of +149.7%, saw 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

In 2022, the average sails import price amounted to $X per ton, with an increase of 42% against the previous year. Overall, the import price, however, saw a perceptible decline. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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