Austria: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Austria

In 2020, the Austrian market for electric generating sets and rotary converters decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. In general, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Electric Generating Sets And Rotary Converters in Austria

In value terms, production of electric generating sets and rotary converters skyrocketed to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Electric Generating Sets And Rotary Converters

Exports from Austria

In 2020, overseas shipments of electric generating sets and rotary converters were finally on the rise to reach X units for the first time since 2016, thus ending a three-year declining trend. Overall, exports showed a mild increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric generating sets and rotary converters skyrocketed to $X in 2020. Over the period under review, exports recorded a perceptible downturn. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Indonesia (X units) was the main destination for exports of electric generating sets and rotary converters from Austria, with a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Indonesia exceeded the volume sent to the second major destination, Thailand (X units), twofold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Indonesia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Germany (+X% per year).

In value terms, the largest markets for electric generating set and rotary converter exported from Austria were Germany ($X), Italy ($X) and the UK ($X saw the highest growth rate of the value of exports, in terms of 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 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, dropping by -X% against the previous year. In general, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per unit in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Israel, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Austria

In 2020, approx. X units of electric generating sets and rotary converters were imported into Austria; growing by X% against the year before. Over the period under review, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports attained the peak of X units. from 2009 to 2020, the growth of imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters declined sharply to $X in 2020. In general, total imports indicated a noticeable expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2010 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of imports of electric generating sets and rotary converters to Austria.

From 2007 to 2020, the biggest increases were in Hungary (+X% per year), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of electric generating set and rotary converter to Austria, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and China (-X% per year).

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, waning by -X% against the previous year. Over the period under review, the import price, however, recorded a measured increase. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :