Austria: Hand Sieve Market 2024

Hand Sieve Market Size in Austria

For the third consecutive year, the Austrian hand sieve market recorded growth in sales value, which increased by 14% to $X in 2022. Over the period under review, consumption posted prominent growth. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Hand Sieve Exports

Exports from Austria

In 2022, overseas shipments of hand sieves and hand riddles increased by 72% to X units, rising for the second year in a row after three years of decline. Overall, exports showed prominent growth. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand sieve exports soared to $X in 2022. Over the period under review, exports continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2013 with an increase of 93% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X units), Poland (X units) and the Czech Republic (X units) were the main destinations of hand sieve exports from Austria, together accounting for 51% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +29.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and Poland ($X) constituted the largest markets for hand sieve exported from Austria worldwide, together comprising 45% of total exports. The Czech Republic, Slovenia, Italy, Switzerland, Bulgaria, Greece, Slovakia and Romania lagged somewhat behind, together accounting for a further 36%.

In terms of the main countries of destination, Bulgaria, with a CAGR of +26.1%, recorded the highest growth rate of 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 hand sieve export price stood at $X per unit in 2022, shrinking by -21.5% against the previous year. Over the period under review, the export price recorded a perceptible decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 21%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Sieve Imports

Imports into Austria

In 2022, purchases abroad of hand sieves and hand riddles increased by 38% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports showed a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 66%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, hand sieve imports skyrocketed to $X in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 +41.8% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 46% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest hand sieve supplier to Austria, with a 65% share of total imports. Moreover, hand sieve imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The United States (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.2% per year) and the United States (+3.8% per year).

In value terms, the largest hand sieve suppliers to Austria were China ($X), Germany ($X) and the United States ($X), together comprising 89% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +12.5%, saw the highest growth rate of the value of imports, 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 hand sieve import price amounted to $X per unit, waning by -9.4% against the previous year. In general, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 11% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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