Austria: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in Austria

The Austrian hydraulic automatic regulators market surged to $X in 2021, with an increase of 51% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Hydraulic Automatic Regulators Production in Austria

In value terms, hydraulic automatic regulators production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable downturn. Hydraulic automatic regulators production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Hydraulic Automatic Regulators Exports

Exports from Austria

In 2021, overseas shipments of hydraulic or pneumatic automatic regulating instruments decreased by -5% to X units, falling for the fourth consecutive year after three years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 86%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, hydraulic automatic regulators exports surged to $X in 2021. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 158%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Switzerland (X units), Germany (X units) and China (X units) were the main destinations of hydraulic automatic regulators exports from Austria, together comprising 42% of total exports. The UK, France, Malaysia, the United States, the United Arab Emirates, Spain, Hungary, the Netherlands, Poland and Belgium lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +72.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and China ($X) constituted the largest markets for hydraulic automatic regulators exported from Austria worldwide, together comprising 36% of total exports. These countries were followed by France, Malaysia, Switzerland, the United Arab Emirates, the Netherlands, the United States, Spain, Hungary, Belgium and Poland, which together accounted for a further 39%.

In terms of the main countries of destination, Malaysia, with a CAGR of +82.6%, saw 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 hydraulic automatic regulators export price stood at $X per unit in 2021, jumping by 29% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hydraulic automatic regulators export price decreased by -21.4% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 39%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Switzerland ($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 France (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Automatic Regulators Imports

Imports into Austria

In 2021, the amount of hydraulic or pneumatic automatic regulating instruments imported into Austria soared to X units, growing by 31% against 2020 figures. Overall, imports posted a measured expansion. The growth pace was the most rapid in 2016 when imports increased by 290% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, hydraulic automatic regulators imports skyrocketed to $X in 2021. In general, imports enjoyed a measured expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 163% against the previous year. As a result, imports reached 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 hydraulic automatic regulators supplier to Austria, accounting for a 76% share of total imports. Moreover, hydraulic automatic regulators imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), sixfold. Poland (X units) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+39.0% per year) and Poland (+147.8% per year).

In value terms, Germany ($X) constituted the largest supplier of hydraulic or pneumatic automatic regulating instruments to Austria, comprising 75% of total imports. The second position in the ranking was held by the United States ($X), with a 9.5% share of total imports. It was followed by Belgium, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.8% per year) and Belgium (+46.9% per year).

Import Prices by Country

The average hydraulic automatic regulators import price stood at $X per unit in 2021, with a decrease of -5.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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