Austria: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in Austria

For the third consecutive year, the Austrian plastic ornamental articles market recorded growth in sales value, which increased by 1.9% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Plastic Ornamental Articles Exports

Exports from Austria

In 2022, the amount of statuettes and other ornamental articles of plastic exported from Austria contracted to X tons, waning by -6.4% compared with 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, plastic ornamental articles exports expanded modestly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Romania (X tons) and Slovakia (X tons) were the main destinations of plastic ornamental articles exports from Austria, with a combined 42% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +17.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for statuettes and other ornamental articles of plastic exports from Austria, comprising 29% of total exports. The second position in the ranking was taken by Poland ($X), with an 8.5% share of total exports. It was followed by Slovakia, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+8.2% per year) and Slovakia (+9.4% per year).

Export Prices by Country

In 2022, the average plastic ornamental articles export price amounted to $X per ton, surging by 9.4% against the previous year. Overall, the export price, however, recorded a slight setback. The growth pace was the most rapid in 2016 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Romania ($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 Germany (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Ornamental Articles Imports

Imports into Austria

In 2022, approx. X tons of statuettes and other ornamental articles of plastic were imported into Austria; waning by -8.7% compared with the previous year's figure. Over the period under review, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2019 with an increase of 8.7% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, plastic ornamental articles imports rose modestly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of plastic ornamental articles imports to Austria, with a combined 82% share of total imports. Slovakia, Belgium, France and Poland lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +45.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic ornamental articles suppliers to Austria were Germany ($X), China ($X) and the Netherlands ($X), with a combined 80% share of total imports. Slovakia, Poland, France and Belgium lagged somewhat behind, together accounting for a further 12%.

Slovakia, with a CAGR of +42.6%, saw the highest growth rate of 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 plastic ornamental articles import price amounted to $X per ton, picking up by 13% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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