Austria: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in Austria

The Austrian agricultural product dryer market fell sharply to $X in 2021, with a decrease of -28.9% against the previous year. Over the period under review, consumption continues to indicate a slight setback. Agricultural product dryer consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Agricultural Product Dryer Production in Austria

In value terms, agricultural product dryer production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a significant increase. The growth pace was the most rapid in 2019 with an increase of 611% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Agricultural Product Dryer Exports

Exports from Austria

In 2021, approx. X units of dryers for the treatment of agricultural products were exported from Austria; rising by 47% compared with the year before. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of 389%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, agricultural product dryer exports rose significantly to $X in 2021. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 287%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units), Germany (X units) and Slovenia (X units) were the main destinations of agricultural product dryer exports from Austria, with a combined 77% share of total exports. These countries were followed by the Czech Republic, Denmark, Cuba, Italy, Switzerland, Nigeria and the UK, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +200.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Cuba ($X) appeared to be the largest markets for agricultural product dryer exported from Austria worldwide, with a combined 66% share of total exports. Italy, Denmark, the Czech Republic, Slovenia, Switzerland, the UK and Nigeria lagged somewhat behind, together comprising a further 15%.

In terms of the main countries of destination, Nigeria, with a CAGR of +190.3%, saw 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

The average agricultural product dryer export price stood at $X per unit in 2021, shrinking by -25.1% against the previous year. In general, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 36% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($X per unit), while the average price for exports to the UK ($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 Denmark (+60.8%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Product Dryer Imports

Imports into Austria

Agricultural product dryer imports into Austria fell to X units in 2021, which is down by -11% compared with the year before. Over the period under review, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 246% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, agricultural product dryer imports dropped rapidly to $X in 2021. Overall, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 143%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of agricultural product dryer to Austria, with a 69% share of total imports. Moreover, agricultural product dryer imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. Slovenia (X units) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+18.9% per year) and Slovenia (+10.7% per year).

In value terms, Germany ($X) constituted the largest supplier of dryers for the treatment of agricultural products to Austria, comprising 70% of total imports. The second position in the ranking was held by Italy ($X), with a 22% share of total imports. It was followed by Slovenia, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.8% per year) and Slovenia (+13.9% per year).

Import Prices by Country

The average agricultural product dryer import price stood at $X per unit in 2021, which is down by -17.5% against the previous year. Overall, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 119%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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