Austria: Clutch Market 2024

Clutch Market Size in Austria

The Austrian clutch market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption continues to indicate a buoyant expansion. Clutch consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Clutch Production in Austria

In value terms, clutch production shrank slightly to $X in 2022 estimated in export price. In general, production, however, showed a significant expansion. The growth pace was the most rapid in 2017 when the production volume increased by 89% against the previous year. Clutch production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Clutch Exports

Exports from Austria

In 2022, exports of clutches from Austria contracted to X tons, falling by -10.1% compared with the year before. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, clutch exports reduced to $X in 2022. In general, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by 110% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined in the following year.

Exports by Country

Germany (X tons) was the main destination for clutch exports from Austria, with a 65% share of total exports. Moreover, clutch exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), eightfold. Italy (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+5.1% per year) and Italy (-10.3% per year).

In value terms, Germany ($X) remains the key foreign market for clutches exports from Austria, comprising 47% of total exports. The second position in the ranking was held by Italy ($X), with a 7.2% share of total exports. It was followed by India, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+1.8% per year) and India (+68.6% per year).

Export Prices by Country

The average clutch export price stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Clutch Imports

Imports into Austria

After four years of decline, overseas purchases of clutches increased by 7.7% to X tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, clutch imports shrank modestly to $X in 2022. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 11% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of clutch to Austria, accounting for a 34% share of total imports. Moreover, clutch imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden totaled -10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.2% per year) and Italy (-10.7% per year).

In value terms, the largest clutch suppliers to Austria were Sweden ($X), Germany ($X) and Italy ($X), with a combined 72% share of total imports. France, Canada, Poland, Slovakia, Hungary, Switzerland and the Czech Republic lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, Poland, with a CAGR of +84.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average clutch import price amounted to $X per ton, declining by -9.8% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 9.2% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :