Austria: Concrete Pump Market 2024

Concrete Pump Market Size in Austria

The Austrian concrete pump market dropped to $X in 2021, leveling off at 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). Over the period under review, consumption showed a significant expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Concrete Pump Exports

Exports from Austria

In 2021, approx. X units of concrete pumps were exported from Austria; rising by 26% against the previous year. Overall, exports, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of 56% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, concrete pump exports expanded markedly to $X in 2021. In general, total exports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 86%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X units), Hungary (X units) and India (X units) were the main destinations of concrete pump exports from Austria, with a combined 55% share of total exports. Slovenia, the Netherlands, Romania, Poland, Pakistan, Germany, Ukraine, Serbia, Slovakia and Croatia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +27.5%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) emerged as the key foreign market for concrete pumps exports from Austria, comprising 30% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 7.9% share of total exports. It was followed by Singapore, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hungary stood at +75.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+52.1% per year) and Singapore (+5.5% per year).

Export Prices by Country

In 2021, the average concrete pump export price amounted to $X per unit, shrinking by -14% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concrete pump export price decreased by -31.6% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 35% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Pump Imports

Imports into Austria

In 2021, imports of concrete pumps into Austria skyrocketed to X units, picking up by 18% compared with the previous year. Over the period under review, imports enjoyed tangible growth. The most prominent rate of growth was recorded in 2017 when imports increased by 61%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete pump imports declined to $X in 2021. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 72%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of concrete pump to Austria, with a 55% share of total imports. Moreover, concrete pump imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by South Korea (X units), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.7% per year) and South Korea (+28.0% per year).

In value terms, the largest concrete pump suppliers to Austria were Italy ($X), South Korea ($X) and Germany ($X), together accounting for 98% of total imports.

Among the main suppliers, South Korea, with a CAGR of +52.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average concrete pump import price amounted to $X per unit, which is down by -18% against the previous year. Overall, the import price, however, saw a prominent expansion. The growth pace was the most rapid in 2020 an increase of 73%. As a result, import price attained the peak level of $X per unit, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+83.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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