Austria: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in Austria

In 2021, the Austrian finishing paper machinery market increased by 143% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Finishing Paper Machinery Production in Austria

In value terms, finishing paper machinery production stood at $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by 8.9%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Finishing Paper Machinery Exports

Exports from Austria

In 2021, the amount of machinery for finishing paper or paperboard exported from Austria soared to X units, picking up by 1,075% against 2020 figures. Over the period under review, exports saw a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 3,940% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, finishing paper machinery exports surged to $X in 2021. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 2,466%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for finishing paper machinery exports from Austria, with a 74% share of total exports. Moreover, finishing paper machinery exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+700.0% per year) and Serbia (-11.5% per year).

In value terms, Germany ($X) remains the key foreign market for machinery for finishing paper or paperboard exports from Austria, comprising 87% of total exports. The second position in the ranking was held by Serbia ($X), with a 6.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+33.8% per year) and Slovakia (+53.8% per year).

Export Prices by Country

In 2021, the average finishing paper machinery export price amounted to $X per unit, growing by 35% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, finishing paper machinery export price increased by +64.8% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Slovakia ($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 Ukraine (+114.0%), while the prices for the other major destinations experienced more modest paces of growth.

Finishing Paper Machinery Imports

Imports into Austria

In 2021, after two years of growth, there was significant decline in overseas purchases of machinery for finishing paper or paperboard, when their volume decreased by -65.6% to X units. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by 972%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, finishing paper machinery imports reduced markedly to $X in 2021. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by 1,343% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of finishing paper machinery to Austria, with a 42% share of total imports. Moreover, finishing paper machinery imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), twofold. The third position in this ranking was held by Belgium (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+1.1% per year) and Belgium (+19.6% per year).

In value terms, Belgium ($X), Sweden ($X) and Germany ($X) were the largest finishing paper machinery suppliers to Austria, together comprising 59% of total imports.

Among the main suppliers, Belgium, with a CAGR of +19.1%, recorded 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 finishing paper machinery import price stood at $X per unit in 2021, falling by -6.1% against the previous year. In general, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of 40% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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