Austria: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in Austria

For the third consecutive year, the Austrian worked flat glass market recorded growth in sales value, which increased by 14% to $X in 2021. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +36.8% against 2014 indices. Worked flat glass consumption peaked in 2021 and is expected to retain growth in the near future.

Worked Flat Glass Production in Austria

In value terms, worked flat glass production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild descent. Worked flat glass production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Worked Flat Glass Exports

Exports from Austria

In 2021, shipments abroad of worked flat glass increased by 7.5% to X tons, rising for the third consecutive year after five years of decline. Over the period under review, exports enjoyed notable growth. The most prominent rate of growth was recorded in 2013 with an increase of 131%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, worked flat glass exports expanded remarkably to $X in 2021. In general, exports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2013 with an increase of 441% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), Switzerland (X tons) and Canada (X tons) were the main destinations of worked flat glass exports from Austria, with a combined 55% share of total exports. These countries were followed by France, the Czech Republic, Australia, the UK, Mexico, Spain, New Zealand, Romania and Russia, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +102.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for worked flat glass exports from Austria, comprising 32% of total exports. The second position in the ranking was held by Switzerland ($X), with a 15% share of total exports. It was followed by Canada, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-8.1% per year) and Canada (+19.6% per year).

Export Prices by Country

The average worked flat glass export price stood at $X per ton in 2021, flattening at the previous year. In general, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2013 an increase of 134% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Canada ($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 Romania (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Flat Glass Imports

Imports into Austria

After two years of growth, overseas purchases of worked flat glass decreased by -7.7% to X tons in 2021. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +4.5% 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 +80.7% against 2018 indices. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, worked flat glass imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of worked flat glass imports to Austria, together comprising 88% of total imports. France, Spain, the Czech Republic, Belgium and Turkey lagged somewhat behind, together comprising a further 9.5%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +108.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of worked flat glass to Austria, comprising 46% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports. It was followed by France, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.9% per year) and France (+109.8% per year).

Import Prices by Country

In 2021, the average worked flat glass import price amounted to $X per ton, rising by 18% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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