Austria: Direction Finding Compass Market 2025

Direction Finding Compass Market Size in Austria

The Austrian direction finding compass market soared to $X in 2021, with an increase of 108% against 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 enjoyed resilient growth. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Direction Finding Compass Exports

Exports from Austria

For the fourth year in a row, Austria recorded decline in shipments abroad of direction finding compasses, which decreased by -30.9% to X units in 2021. In general, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 73%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, direction finding compass exports shrank sharply to $X in 2021. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 46% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units), the Netherlands (X units) and Spain (X units) were the main destinations of direction finding compass exports from Austria, together comprising 75% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +13.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and India ($X) appeared to be the largest markets for direction finding compass exported from Austria worldwide, together accounting for 46% of total exports.

In terms of the main countries of destination, India, with a CAGR of +31.0%, 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 2021, the average direction finding compass export price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the export price, however, recorded a prominent expansion. The growth pace was the most rapid in 2018 when the average export price increased by 195% against the previous year. The export price peaked at $X per unit in 2020, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the Netherlands ($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 Switzerland (+42.6%), while the prices for the other major destinations experienced more modest paces of growth.

Direction Finding Compass Imports

Imports into Austria

In 2021, supplies from abroad of direction finding compasses was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a noticeable slump. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, direction finding compass imports soared to $X in 2021. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 312% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of direction finding compass to Austria, accounting for a 84% share of total imports. Moreover, direction finding compass imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Poland (X units) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +55.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-21.6% per year) and Poland (+55.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of direction finding compasses to Austria, comprising 52% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by the United States, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +70.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.2% per year) and the United States (+5.7% per year).

Import Prices by Country

In 2021, the average direction finding compass import price amounted to $X per unit, with a decrease of -35.3% against the previous year. Over the period under review, the import price, however, recorded resilient growth. The pace of growth was the most pronounced in 2017 an increase of 145% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then plummeted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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