Austria: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Austria

The Austrian injection-moulding machine market reached $X in 2022, picking up by 4.8% against the previous year. In general, consumption, however, continues to indicate a drastic downturn. Injection-moulding machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Injection-Moulding Machine Production in Austria

In value terms, injection-moulding machine production expanded sharply to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Injection-Moulding Machine Exports

Exports from Austria

In 2017, shipments abroad of injection-moulding machines for working rubber or plastics decreased by -16.9% to X units for the first time since 2011, thus ending a five-year rising trend. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 45,953%. The exports peaked at X units in 2016, and then contracted sharply in the following year.

In value terms, injection-moulding machine exports skyrocketed to $X in 2017. The total export value increased at an average annual rate of +6.5% over the period from 2012 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X units) was the main destination for injection-moulding machine exports from Austria, accounting for a approx. 0.1% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to the United Arab Emirates amounted to -16.7%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for injection-moulding machines for working rubber or plastics exports from Austria.

From 2012 to 2017, the average annual growth rate of value to the United Arab Emirates totaled -13.2%.

Export Prices by Country

In 2017, the average injection-moulding machine export price amounted to $X per unit, growing by 40% against the previous year. Overall, the export price, however, saw a precipitous contraction. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2017, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2017, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.3% per year.

Injection-Moulding Machine Imports

Imports into Austria

In 2022, supplies from abroad of injection-moulding machines for working rubber or plastics decreased by 0% to X units, falling for the second year in a row after two years of decline. Overall, imports saw modest growth. The pace of growth was the most pronounced in 2017 with an increase of 33% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, injection-moulding machine imports expanded notably to $X in 2022. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 38% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and South Korea (X units) were the main suppliers of injection-moulding machine imports to Austria, with a combined 68% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +47.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest injection-moulding machine suppliers to Austria were Switzerland ($X), Germany ($X) and China ($X), together comprising 76% of total imports. South Korea, the United States, Luxembourg, Japan and Italy lagged somewhat behind, together accounting for a further 20%.

South Korea, with a CAGR of +47.5%, recorded the highest growth rate of 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

In 2022, the average injection-moulding machine import price amounted to $X per unit, surging by 14% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, injection-moulding machine import price increased by +93.4% against 2012 indices. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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