Austria: Truck Crane Market 2024

Truck Crane Market Size in Austria

The Austrian truck crane market reduced sharply to $X in 2021, which is down by -88% against the previous year. Over the period under review, consumption showed a sharp reduction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Truck Crane Production in Austria

In value terms, truck crane production declined sharply to $X in 2021 estimated in export price. Over the period under review, production recorded a sharp setback. The most prominent rate of growth was recorded in 2013 with an increase of 74% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Truck Crane Exports

Exports from Austria

Truck crane exports from Austria surged to X units in 2021, rising by 15% on the previous year. In general, exports continue to indicate a notable expansion. The growth pace was the most rapid in 2015 when exports increased by 62%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, truck crane exports reached $X in 2021. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 80% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for truck crane exports from Austria, accounting for a 32% share of total exports. Moreover, truck crane exports to Germany exceeded the volume sent to the second major destination, Liechtenstein (X units), threefold. Poland (X units) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liechtenstein (-15.8% per year) and Poland (+81.0% per year).

In value terms, Germany ($X) emerged as the key foreign market for truck cranes exports from Austria, comprising 28% of total exports. The second position in the ranking was held by Liechtenstein ($X), with a 12% share of total exports. It was followed by Switzerland, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liechtenstein (-40.4% per year) and Switzerland (+1.7% per year).

Export Prices by Country

In 2021, the average truck crane export price amounted to $X per unit, declining by -12.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 an increase of 17%. The export price peaked at $X per unit in 2020, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Serbia ($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 the Czech Republic (-5.4%), while the prices for the other major destinations experienced a decline.

Truck Crane Imports

Imports into Austria

Truck crane imports into Austria surged to X units in 2021, picking up by 66% against the year before. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by 119% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, truck crane imports surged to $X in 2021. In general, imports posted a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 310%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of truck crane to Austria, with a 77% share of total imports. Moreover, truck crane imports from Germany exceeded the figures recorded by the second-largest supplier, Liechtenstein (X units), sevenfold. The Netherlands (X units) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Liechtenstein (+2.6% per year) and the Netherlands (+23.3% per year).

In value terms, Germany ($X) constituted the largest supplier of truck cranes to Austria, comprising 83% of total imports. The second position in the ranking was taken by Liechtenstein ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Liechtenstein (-19.3% per year) and the Netherlands (+10.8% per year).

Import Prices by Country

In 2021, the average truck crane import price amounted to $X per unit, shrinking by -17.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 144%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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