Austria: Woolen Fabric Market 2025

Woolen Fabric Market Size in Austria

In 2021, the Austrian woolen fabric market decreased by -30.3% to $X, falling for the third consecutive year after two years of growth. Overall, consumption continues to indicate a deep setback. Woolen fabric consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Woolen Fabric Production in Austria

In value terms, woolen fabric production dropped markedly to $X in 2021 estimated in export price. Overall, production saw a deep reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 8%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Woolen Fabric Exports

Exports from Austria

In 2021, overseas shipments of woven woolen fabrics decreased by -6.2% to X square meters, falling for the third consecutive year after two years of growth. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of 12% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, woolen fabric exports shrank to $X in 2021. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 25%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X square meters), Germany (X square meters) and Slovakia (X square meters) were the main destinations of woolen fabric exports from Austria, with a combined 57% share of total exports. These countries were followed by Hungary, Poland, Norway, Finland, Switzerland, Jordan, the Czech Republic, Romania, Canada and Portugal, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Jordan (with a CAGR of +24.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Hungary ($X) constituted the largest markets for woolen fabric exported from Austria worldwide, together comprising 51% of total exports. These countries were followed by Slovakia, Poland, Switzerland, Norway, Portugal, Romania, the Czech Republic, Finland, Canada and Jordan, which together accounted for a further 34%.

Portugal, with a CAGR of +28.9%, saw the highest growth rate of the value of exports, among 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 woolen fabric export price stood at $X per square meter in 2021, waning by -5.7% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 17%. As a result, the export price reached the peak level of $X per square meter. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per square meter), while the average price for exports to Jordan ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Fabric Imports

Imports into Austria

After two years of decline, supplies from abroad of woven woolen fabrics increased by 6.5% to X square meters in 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by 49% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, woolen fabric imports rose slightly to $X in 2021. Overall, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by 42%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X square meters) constituted the largest woolen fabric supplier to Austria, accounting for a 50% share of total imports. Moreover, woolen fabric imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X square meters), threefold. The third position in this ranking was held by Denmark (X square meters), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.1% per year) and Denmark (+32.1% per year).

In value terms, Italy ($X), Germany ($X) and Denmark ($X) were the largest woolen fabric suppliers to Austria, with a combined 74% share of total imports. Hungary, the UK, China, Lithuania and Bulgaria lagged somewhat behind, together comprising a further 17%.

Hungary, with a CAGR of +168.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average woolen fabric import price stood at $X per square meter in 2021, declining by -4.5% against the previous year. Overall, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 when the average import price increased by 9.6%. Over the period under review, average import prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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