Austria: Endless Machinery Band Market 2025

Endless Machinery Band Market Size in Austria

After two years of growth, the Austrian endless machinery band market decreased by -4.9% to $X in 2021. Over the period under review, consumption continues to indicate a deep reduction. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Endless Machinery Band Production in Austria

In value terms, endless machinery band production fell rapidly to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable descent. The most prominent rate of growth was recorded in 2013 with an increase of 0.3%. Over the period under review, production attained the peak level at $X in 2020, and then shrank remarkably in the following year.

Endless Machinery Band Exports

Exports from Austria

Endless machinery band exports from Austria reduced dramatically to X square meters in 2021, which is down by -46.9% on 2020. Overall, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 2,127% against the previous year. The exports peaked at X square meters in 2020, and then reduced remarkably in the following year.

In value terms, endless machinery band exports dropped markedly to $X in 2021. In general, exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2016 when exports increased by 3,262% against the previous year. The exports peaked at $X in 2020, and then declined significantly in the following year.

Exports by Country

Hungary (X square meters) was the main destination for endless machinery band exports from Austria, with a 83% share of total exports. Moreover, endless machinery band exports to Hungary exceeded the volume sent to the second major destination, Germany (X square meters), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary stood at +14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-24.6% per year) and Russia (-31.2% per year).

In value terms, the largest markets for endless machinery band exported from Austria were Germany ($X), Hungary ($X) and Russia ($X), together accounting for 1.4% of total exports.

Hungary, with a CAGR of -35.1%, recorded 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 a decline.

Export Prices by Country

The average endless machinery band export price stood at $X per square meter in 2021, falling by -6.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Russia ($X per square meter), while the average price for exports to Hungary ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+197.3%), while the prices for the other major destinations experienced a decline.

Endless Machinery Band Imports

Imports into Austria

In 2021, overseas purchases of endless bands for machinery, of stainless steel decreased by -3.9% to X square meters, falling for the fourth consecutive year after two years of growth. Overall, imports showed a mild setback. The most prominent rate of growth was recorded in 2017 when imports increased by 152% against the previous year. As a result, imports reached the peak of X square meters. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, endless machinery band imports expanded significantly to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 143%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X square meters), the Netherlands (X square meters) and Italy (X square meters) were the main suppliers of endless machinery band imports to Austria, together comprising 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +31.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of endless machinery band to Austria, comprising 71% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+48.9% per year) and the Netherlands (+16.1% per year).

Import Prices by Country

The average endless machinery band import price stood at $X per square meter in 2021, rising by 17% against the previous year. Over the period under review, the import price saw a mild increase. The most prominent rate of growth was recorded in 2018 an increase of 169%. As a result, import price reached the peak level of $X per square meter. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per square meter), while the price for the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :