Austria: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Austria

The Austrian market for nets of twine, cordage, rope or textile materials stood at $X in 2023, increasing by X% against the previous year. Overall, consumption, however, continues to indicate resilient growth. Twine, cordage or textile net consumption peaked in 2023 and is expected to retain growth in the immediate term.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Austria

In value terms, twine, cordage or textile net production contracted to $X in 2023 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Austria

In 2023, after three years of growth, there was significant decline in overseas shipments of nets of twine, cordage, rope or textile materials, when their volume decreased by X% to X tons. In general, exports saw a slight decrease. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, the exports attained the peak of X tons, and then declined sharply in the following year.

In value terms, twine, cordage or textile net exports fell to $X in 2023. Overall, total exports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then fell in the following year.

Exports by Country

Germany (X tons) was the main destination for twine, cordage or textile net exports from Austria, accounting for a X% share of total exports. Moreover, twine, cordage or textile net exports to Germany exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Italy (X% per year).

In value terms, Germany ($X), Switzerland ($X) and Spain ($X) were the largest markets for twine, cordage or textile net exported from Austria worldwide, together accounting for X% of total exports. Italy, New Zealand, the UK, the United States, France, Liechtenstein, Slovakia, Slovenia, Hungary and Poland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Liechtenstein, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, jumping by X% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, twine, cordage or textile net export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2023 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Austria

In 2023, purchases abroad of nets of twine, cordage, rope or textile materials decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, total imports indicated temperate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, twine, cordage or textile net imports contracted markedly to $X in 2023. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2022, and then declined markedly in the following year.

Imports by Country

In 2023, Germany (X tons) constituted the largest twine, cordage or textile net supplier to Austria, with a X% share of total imports. Moreover, twine, cordage or textile net imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, Germany ($X) constituted the largest supplier of nets of twine, cordage, rope or textile materials to Austria, comprising X% of total imports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (X% per year) and Romania (X% per year).

Import Prices by Country

In 2023, the average import price for nets of twine, cordage, rope or textile materials amounted to $X per ton, surging by X% against the previous year. In general, import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, twine, cordage or textile net import price increased by X% against 2019 indices. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, average import prices reached the peak figure in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform