Rubber gaskets, washers and seals market in Austria

Earlier Report Observations

The market volume for rubber gaskets, washers and seals in Austria experienced significant fluctuations between 2018 and 2024. After starting at 5 817 t in 2018, it declined to 5 336 t in 2019 and fell sharply to 3 916 t in 2020. A recovery began in 2021, with the market growing to 4 283 t, then further to 4 431 t in 2022, 4 940 t in 2023, and reaching 5 047 t in 2024.

The market expansion in 2024 was supported by capacity investments and rising demand from key industrial sectors. Semperit AG Holding expanded production lines for rubber hoses, conveyor belts, and molded parts at its Vienna plant to meet demand from industrial machinery. Simultaneously, Freudenberg Sealing Technologies introduced a new generation of conductive seals for electric drive shafts to prevent bearing damage from electrostatic discharge in electric vehicles. These developments, coupled with growing demand from the automotive and electronics industries, contributed to increased domestic production and market volume.

Production rubber gaskets, washers and seals in Austria

In value, 2017-2020, K $ US

Austria's production of rubber gaskets, washers and seals declined for the second year in a row. In 2020, output was valued at 68 749 thousand US dollars, down 2.2% from the previous year. Over the 2017-2020 period, production grew by 3%, with an average annual growth rate of 1.0%. The highest value was recorded in 2018 at 72 444 thousand US dollars, which represented an 8.5% increase. The largest decline occurred in 2019, when production fell by 2.9%.

Annual dynamics of production in Austria in value, 2017-2020, K $ US

In kind, 2017-2020, t

Austria's production volume of rubber gaskets, washers and seals fell for the third consecutive year. In 2020, the country produced 1 007 tonnes, marking a 5.7% decrease compared to 2019. Over the 2017-2020 period, production dropped significantly by 70.5%, with an average annual decline of 33.4%.

Annual dynamics of production in Austria in kind, 2017-2020, t

Exports rubber gaskets, washers and seals from Austria

Exports in kind, t

After two years of growth, Austria's export volumes of rubber gaskets, washers and seals declined in 2020. The country exported 6 467 tonnes that year, which was 8.0% lower than in 2019. Over the 2017-2020 period, exports increased by 8.3%, with an average annual growth rate of 2.7%. The peak was reached in 2019 with 7 027 tonnes, representing a 13.5% increase from the previous year.

Annual dynamics of product's exports from Austria in kind, 2017-2020, t

From 2017 to 2020, Germany, Poland, and France remained the top buyers of rubber gaskets, washers and seals from Austria. Germany accounted for 43.0% of export volumes, Poland for 12.5%, and France for 11.1%. Together, these three countries represented 66.7% of Austria's total exports in this category.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Austria in kind, 2017-2020

Exports in value, M $ US

Austria's export value of rubber gaskets, washers and seals declined for the second consecutive year. In 2020, exports amounted to 131.8 million US dollars, a slight decrease of 1.5% year-on-year. Over the 2017-2020 period, export value increased by 6.7%, with an average annual growth rate of 2.2%. The highest value was recorded in 2018 at 142.7 million US dollars, which was a 15.5% increase. The largest decline occurred in 2019, when exports fell by 6.2%.

Annual dynamics of product's exports from Austria in value, 2017-2020, M $ US

From 2017 to 2020, Germany, France, and Czechia were the main destinations for Austria's rubber gaskets, washers and seals in value terms. Germany accounted for 43.5% of export value, France for 7.7%, and Czechia for 4.2%. Collectively, these three countries represented 55.4% of Austria's total exports in this category.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Austria in value, 2017-2020

Imports rubber gaskets, washers and seals to Austria

Imports in kind, t

After two years of growth, Austria's import volumes of rubber gaskets, washers and seals declined in 2020. Imports reached 9 376 tonnes that year, a sharp drop of 17.0% compared to 2019. Over the 2017-2020 period, imports decreased by 8.3%, with an average annual decline of 2.8%. The peak was recorded in 2019 with 11 296 tonnes, following a 6.4% increase in 2018.

Annual dynamics of product's imports to Austria in kind, 2017-2020, t

Throughout 2017-2020, Germany, Hungary, and Italy were the key partners for Austria's imports of rubber gaskets, washers and seals in volume terms. Germany accounted for 54.1% of import volumes, Hungary for 19.5%, and Italy for 8.8%. Together, these three countries represented 82.5% of Austria's total imports in this category.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Austria in kind, 2017-2020

Imports in value, M $ US

Austria's import value of rubber gaskets, washers and seals declined for the second year in a row. In 2020, imports amounted to 180.1 million US dollars, down 4.2% from the previous year. The highest value was recorded in 2018 at 202.3 million US dollars, which represented a 13.9% increase. The largest decline occurred in 2019, when imports fell by 7.0%.

Annual dynamics of product's imports to Austria in value, 2017-2020, M $ US

From 2017 to 2020, Germany, Italy, and Hungary consistently led as the main sources for Austria's imports of rubber gaskets, washers and seals in value terms. Germany accounted for 47.7% of import value, Italy for 14.9%, and Hungary for 9.7%. Collectively, these three countries represented 72.3% of Austria's total imports in this category.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Austria in value, 2017-2020