Austria: Dairy Machinery Market 2024

Dairy Machinery Market Size in Austria

In 2022, the Austrian dairy machinery market decreased by -76.9% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then dropped markedly in the following year.

Dairy Machinery Production in Austria

In value terms, dairy machinery production fell significantly to $X in 2022 estimated in export price. In general, production showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 1,308% against the previous year. Dairy machinery production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Dairy Machinery Exports

Exports from Austria

In 2022, after six years of growth, there was significant decline in overseas shipments of dairy machinery, when their volume decreased by -67% to X units. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of 156% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then fell rapidly in the following year.

In value terms, dairy machinery exports shrank sharply to $X in 2022. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 133%. The exports peaked at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Russia (X units) was the main destination for dairy machinery exports from Austria, with a 52% share of total exports. Moreover, dairy machinery exports to Russia exceeded the volume sent to the second major destination, Italy (X units), fourfold. The Czech Republic (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+8.9% per year) and the Czech Republic (+50.1% per year).

In value terms, Russia ($X) emerged as the key foreign market for dairy machinery exports from Austria, comprising 66% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 9% share of total exports. It was followed by Italy, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+92.3% per year) and Italy (+7.6% per year).

Export Prices by Country

The average dairy machinery export price stood at $X per unit in 2022, surging by 5.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+74.3%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Machinery Imports

Imports into Austria

After two years of growth, supplies from abroad of dairy machinery decreased by -76.5% to X units in 2022. Over the period under review, imports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2014 with an increase of 314%. Over the period under review, imports hit record highs at X units in 2021, and then declined rapidly in the following year.

In value terms, dairy machinery imports shrank markedly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 521% against the previous year. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

Germany (X units), Switzerland (X units) and Slovenia (X units) were the main suppliers of dairy machinery imports to Austria, with a combined 90% share of total imports. The Netherlands, Spain, Sweden, France and Italy lagged somewhat behind, together accounting for a further 8.5%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +2,100.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dairy machinery suppliers to Austria were Switzerland ($X), Germany ($X) and Slovenia ($X), with a combined 93% share of total imports. Spain, the Netherlands, Sweden, France and Italy lagged somewhat behind, together accounting for a further 6.6%.

Spain, with a CAGR of +304,920.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dairy machinery import price stood at $X per unit in 2022, increasing by 9.3% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy machinery import price increased by +16.0% against 2016 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 56%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13,764.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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