Austria: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Austria

The Austrian market for instrument panel and wall clocks stood at $X in 2020, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Exports of Instrument Panel And Wall Clocks

Exports from Austria

Instrument panel and wall clock exports from Austria expanded remarkably to X tons in 2020, increasing by X% compared with the previous year. Overall, exports saw a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, instrument panel and wall clock exports shrank to $X in 2020. In general, exports continue to indicate a pronounced slump. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Germany (X tons), Italy (X tons) and Slovakia (X tons) were the main destinations of instrument panel and wall clock exports from Austria, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for instrument panel and wall clock exported from Austria were Germany ($X), Italy ($X) and Slovakia ($X), with a combined X% share of total exports. Belgium, Hungary, France, Greece, the Czech Republic, Switzerland, Slovenia, the United States and Romania lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Belgium 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 2020, the average export price for instrument panel and wall clocks amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Belgium ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports into Austria

In 2020, approx. X tons of instrument panel and wall clocks were imported into Austria; with a decrease of -X% against the previous year. Overall, imports recorded a slight decline. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Imports peaked at X tons in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, instrument panel and wall clock imports expanded sharply to $X in 2020. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of instrument panel and wall clock imports to Austria, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instrument panel and wall clock to Austria, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and France (+X% per year).

Import Prices by Country

The average import price for instrument panel and wall clocks stood at $X per ton in 2020, surging by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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