Austria: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Austria

The Austrian market for drawn glass and blown glass fell modestly to $X in 2021, standing approx. at the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Drawn Glass And Blown Glass in Austria

In value terms, drawn glass and blown glass production shrank to $X in 2021 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +8.1% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 99% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

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Exports of Drawn Glass And Blown Glass

Exports from Austria

Drawn glass and blown glass exports from Austria dropped dramatically to X square meters in 2021, declining by -29% compared with the year before. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by 252%. The exports peaked at X square meters in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, drawn glass and blown glass exports fell to $X in 2021. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 when exports increased by 258%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X square meters), Italy (X square meters) and the Czech Republic (X square meters) were the main destinations of drawn glass and blown glass exports from Austria, with a combined 80% share of total exports. Switzerland, Bulgaria, the Netherlands and Slovenia lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +49.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for drawn glass and blown glass exported from Austria were Italy ($X), Germany ($X) and Switzerland ($X), together accounting for 86% of total exports.

Switzerland, with a CAGR of +44.8%, saw the highest growth rate of 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 2021, the average export price for drawn glass and blown glass amounted to $X per square meter, surging by 31% against the previous year. Overall, the export price showed a prominent increase. The pace of growth was the most pronounced in 2020 an increase of 81% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Slovenia ($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 the United Arab Emirates (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawn Glass And Blown Glass

Imports into Austria

In 2021, imports of drawn glass and blown glass into Austria surged to X square meters, rising by 46% against 2020 figures. In general, imports, however, saw a deep downturn. Imports peaked at X square meters in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, drawn glass and blown glass imports surged to $X in 2021. Overall, imports, however, continue to indicate a noticeable curtailment. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X square meters), Bulgaria (X square meters) and Poland (X square meters) were the main suppliers of drawn glass and blown glass imports to Austria, together comprising 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of -5.4%), while purchases for the other leaders experienced a decline.

In value terms, Bulgaria ($X), Germany ($X) and Poland ($X) appeared to be the largest drawn glass and blown glass suppliers to Austria, together accounting for 94% of total imports.

Bulgaria, with a CAGR of +5.0%, recorded 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 a decline.

Import Prices by Country

In 2021, the average import price for drawn glass and blown glass amounted to $X per square meter, dropping by -3.5% against the previous year. Overall, the import price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 37% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per square meter), while the price for Germany ($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 Poland (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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