Austria: Industrial Robot Market 2024

Industrial Robot Market Size in Austria

In 2021, the Austrian industrial robot market decreased by -17% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Industrial Robot Production in Austria

In value terms, industrial robot production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24% against the previous year. Industrial robot production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Industrial Robot Exports

Exports from Austria

In 2021, overseas shipments of industrial robots for multiple uses were finally on the rise to reach X units after two years of decline. Overall, total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 29% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, industrial robot exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for industrial robot exports from Austria, with a 24% share of total exports. Moreover, industrial robot exports to Germany exceeded the volume sent to the second major destination, the United States (X units), twofold. Poland (X units) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.4% per year) and Poland (+7.9% per year).

In value terms, Germany ($X), the United States ($X) and Mexico ($X) were the largest markets for industrial robot exported from Austria worldwide, with a combined 41% share of total exports. These countries were followed by Poland, the Czech Republic, Italy, China, Romania, Switzerland, Hungary, Israel, India and Turkey, which together accounted for a further 33%.

Israel, with a CAGR of +24.7%, saw the highest rates of growth with regard to 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

The average industrial robot export price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 15%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Israel ($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 China (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Robot Imports

Imports into Austria

In 2021, after three years of decline, there was significant growth in purchases abroad of industrial robots for multiple uses, when their volume increased by 22% to X units. In general, imports showed buoyant growth. The growth pace was the most rapid in 2016 with an increase of 58% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, industrial robot imports skyrocketed to $X in 2021. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 52%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

Germany (X units), Sweden (X units) and Hungary (X units) were the main suppliers of industrial robot imports to Austria, with a combined 77% share of total imports. Italy, Switzerland, South Korea and France lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +64.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and Sweden ($X) constituted the largest industrial robot suppliers to Austria, with a combined 66% share of total imports. Italy, France, South Korea and Switzerland lagged somewhat behind, together accounting for a further 19%.

South Korea, with a CAGR of +98.6%, recorded the highest growth rate of the value of imports, in terms of 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 industrial robot import price stood at $X per unit in 2021, increasing by 7.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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