Austria: Test And Measurement Market 2025

Test And Measurement Market Size in Austria

The Austrian test and measurement market surged to $X in 2021, picking up by 41% against the previous year. In general, consumption continues to indicate a buoyant increase. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the near future.

Test And Measurement Production in Austria

In value terms, test and measurement production surged to $X in 2021 estimated in export price. Over the period under review, production posted significant growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by 436%. Test and measurement production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Test And Measurement Exports

Exports from Austria

Test and measurement exports from Austria surged to X units in 2021, rising by 30% compared with the year before. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, 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.

In value terms, test and measurement exports rose rapidly to $X in 2021. Overall, total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -12.3% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 24% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary (X units), the Czech Republic (X units) and Slovakia (X units) were the main destinations of test and measurement exports from Austria, together comprising 44% of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +18.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for instruments and apparatus for measuring or checking pressure of liquids or gasses exports from Austria, comprising 17% of total exports. The second position in the ranking was taken by Germany ($X), with a 7.2% share of total exports. It was followed by Switzerland, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+4.8% per year) and Switzerland (+0.8% per year).

Export Prices by Country

In 2021, the average test and measurement export price amounted to $X per unit, declining by -12.3% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 a decrease of -1.3% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Hungary ($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 Mexico (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Test And Measurement Imports

Imports into Austria

In 2021, test and measurement imports into Austria skyrocketed to X units, jumping by 29% against 2020. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, test and measurement imports skyrocketed to $X in 2021. Overall, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of test and measurement to Austria, with a 64% share of total imports. Moreover, test and measurement imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+47.8% per year) and Italy (+12.2% per year).

In value terms, Germany ($X) constituted the largest supplier of instruments and apparatus for measuring or checking pressure of liquids or gasses to Austria, comprising 70% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 6.3% share of total imports. It was followed by the Netherlands, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-1.0% per year) and the Netherlands (+34.5% per year).

Import Prices by Country

In 2021, the average test and measurement import price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a perceptible shrinkage. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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