Austria: Laser Market 2024

Laser Market Size in Austria

In 2021, the Austrian laser market decreased by -8.2% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption, however, saw a prominent increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Laser Exports

Exports from Austria

Laser exports from Austria skyrocketed to X units in 2021, rising by 16% compared with 2020 figures. The total export volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 18%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, laser exports soared to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), the United States (X units) and Russia (X units) were the main destinations of laser exports from Austria, together comprising 60% of total exports. Japan, Switzerland, the UK, France, Turkey, China, Italy, Poland and the Netherlands lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +68.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Russia ($X) appeared to be the largest markets for laser exported from Austria worldwide, with a combined 69% share of total exports. These countries were followed by Switzerland, Japan, the UK, China, France, Turkey, the Netherlands, Italy and Poland, which together accounted for a further 19%.

In terms of the main countries of destination, Italy, with a CAGR of +66.9%, saw the highest rates of growth with regard to 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 laser export price stood at $X per unit in 2021, remaining stable against the previous year. Overall, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 21% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Poland ($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 Russia (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Laser Imports

Imports into Austria

In 2021, supplies from abroad of lasers, other than laser diodes was finally on the rise to reach X units after two years of decline. In general, imports posted strong growth. The growth pace was the most rapid in 2014 when imports increased by 52% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, laser imports expanded significantly to $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +29.6% against 2014 indices. The most prominent rate of growth was recorded in 2014 with an increase of 26%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

The United States (X units), Germany (X units) and Switzerland (X units) were the main suppliers of laser imports to Austria, together accounting for 80% of total imports. China, the Netherlands and Japan lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +64.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest laser suppliers to Austria were the United States ($X), Germany ($X) and the Netherlands ($X), together comprising 73% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +165.9%, saw the highest rates of growth with regard to 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

The average laser import price stood at $X per unit in 2021, increasing by 11% against the previous year. In general, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, laser import price increased by +57.5% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 27% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for China ($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 Netherlands (+70.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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