Austria: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Austria

In 2022, the Austrian market for self-adhesive plastic tape in rolls of a width under 20cm increased by 476% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Austria

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm surged to $X in 2022 estimated in export price. Over the period under review, production showed a prominent expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Austria

In 2022, the amount of self-adhesive plastic tape in rolls of a width under 20cm exported from Austria dropped to X tons, waning by -11.8% on the year before. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm fell modestly to $X in 2022. Over the period under review, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.2% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $X, and then declined modestly in the following year.

Exports by Country

Germany (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Austria, with a 48% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), fourfold. The third position in this ranking was taken by Hungary (X tons), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+2.6% per year) and Hungary (+3.7% per year).

In value terms, Germany ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Austria, comprising 37% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 16% share of total exports. It was followed by Hungary, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+10.7% per year) and Hungary (+7.4% per year).

Export Prices by Country

The average export price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, rising by 9% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for self-adhesive plastic tape in rolls of a width under 20cm increased by +79.4% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 13%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Greece ($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 Bosnia and Herzegovina (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Austria

After four years of growth, overseas purchases of self-adhesive plastic tape in rolls of a width under 20cm decreased by -28.9% to X tons in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.3% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by 50%. As a result, imports reached the peak of X tons, and then dropped notably in the following year.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm rose significantly to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under 20cm supplier to Austria, with a 59% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.1% per year) and Poland (+21.9% per year).

In value terms, Germany ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Austria, comprising 67% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by Switzerland, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.3% per year) and Switzerland (+6.6% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, picking up by 49% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached 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 Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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