Austria: Market for Equipment For Internal Combustion Engines 2025

Market Size for Equipment For Internal Combustion Engines in Austria

In 2022, the Austrian internal combustion engine equipment market increased by 12% to $X, rising for the third consecutive year after four years of decline. Overall, consumption, however, saw a deep contraction. Internal combustion engine equipment consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Exports of Equipment For Internal Combustion Engines

Exports from Austria

Internal combustion engine equipment exports from Austria dropped significantly to X units in 2022, waning by -35.1% on 2021 figures. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of 114%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, internal combustion engine equipment exports rose modestly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 85%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for internal combustion engine equipment exports from Austria, accounting for a 38% share of total exports. Moreover, internal combustion engine equipment exports to Germany exceeded the volume sent to the second major destination, Italy (X units), fourfold. The third position in this ranking was taken by the Czech Republic (X units), with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-15.6% per year) and the Czech Republic (-4.5% per year).

In value terms, Germany ($X) remains the key foreign market for equipment for internal combustion engines exports from Austria, comprising 38% of total exports. The second position in the ranking was held by Italy ($X), with a 9.1% share of total exports. It was followed by the Czech Republic, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-5.0% per year) and the Czech Republic (+7.5% per year).

Export Prices by Country

The average internal combustion engine equipment export price stood at $X per unit in 2022, jumping by 60% against the previous year. In general, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($X per unit) and Slovakia ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Spain ($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 Turkey (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Internal Combustion Engines

Imports into Austria

In 2022, after two years of growth, there was decline in overseas purchases of equipment for internal combustion engines, when their volume decreased by -1.9% to X units. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, internal combustion engine equipment imports rose significantly to $X in 2022. Overall, imports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), Germany (X units) and Poland (X units) were the main suppliers of internal combustion engine equipment imports to Austria, with a combined 87% share of total imports. Hungary, Slovakia, the Czech Republic, the UK, France and Japan lagged somewhat behind, together accounting for a further 9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +86.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest internal combustion engine equipment suppliers to Austria were the United States ($X), Germany ($X) and Poland ($X), together accounting for 87% of total imports. Hungary, Slovakia, the Czech Republic, the UK, France and Japan lagged somewhat behind, together accounting for a further 9%.

Slovakia, with a CAGR of +87.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average internal combustion engine equipment import price stood at $X per unit in 2022, surging by 10% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 23%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per unit) and the Czech Republic ($X per unit), while the price for France ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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