Austria: Domestic Toaster Market 2024

Domestic Toaster Market Size in Austria

The Austrian domestic toaster market expanded markedly to $X in 2022, growing by 13% against the previous year. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +24.1% against 2019 indices. Domestic toaster consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Domestic Toaster Production in Austria

In value terms, domestic toaster production surged to $X in 2022 estimated in export price. In general, production posted strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 127%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Domestic Toaster Exports

Exports from Austria

After three years of growth, overseas shipments of domestic electric toasters decreased by -20.6% to X units in 2022. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 132% against the previous year. The exports peaked at X units in 2021, and then plummeted in the following year.

In value terms, domestic toaster exports contracted markedly to $X in 2022. Overall, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 88% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X units), Romania (X units) and the Czech Republic (X units) were the main destinations of domestic toaster exports from Austria, with a combined 44% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +31.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for domestic toaster exported from Austria were Italy ($X), Romania ($X) and the Czech Republic ($X), together accounting for 44% of total exports.

The Czech Republic, with a CAGR of +28.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average domestic toaster export price amounted to $X per unit, with an increase of 7% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 45% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($X per unit) and Hungary ($X per unit), while the average price for exports to Bulgaria ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.5%), while the prices for the other major destinations experienced a decline.

Domestic Toaster Imports

Imports into Austria

In 2022, domestic toaster imports into Austria dropped modestly to X units, declining by -2.9% on 2021. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.3% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 40%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, domestic toaster imports contracted to $X in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.5% against 2015 indices. The pace of growth was the most pronounced in 2014 with an increase of 28% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of domestic toaster to Austria, with a 50% share of total imports. Moreover, domestic toaster imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by Poland (X units), with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.1% per year) and Poland (+102.4% per year).

In value terms, the largest domestic toaster suppliers to Austria were China ($X), Germany ($X) and Poland ($X), together accounting for 75% of total imports.

Poland, with a CAGR of +89.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average domestic toaster import price amounted to $X per unit, with a decrease of -5.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 15%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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