Austria: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Austria

The Austrian market for mechanical appliances for projecting, dispersing or spraying dropped slightly to $X in 2022, shrinking by -4.2% against the previous year. In general, consumption posted prominent growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in Austria

In value terms, production of mechanical appliances for projecting, dispersing or spraying reduced sharply to $X in 2022 estimated in export price. Over the period under review, production saw a significant increase. The growth pace was the most rapid in 2021 when the production volume increased by 332,867% against the previous year. As a result, production attained the peak level of $X, and then contracted rapidly in the following year.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from Austria

In 2022, overseas shipments of mechanical appliances for projecting, dispersing or spraying increased by 4.6% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 80% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying reduced modestly to $X in 2022. In general, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +20.9% against 2020 indices. The pace of growth was the most pronounced in 2018 when exports increased by 53% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for exports of mechanical appliances for projecting, dispersing or spraying from Austria, accounting for a 33% share of total exports. Moreover, exports of mechanical appliances for projecting, dispersing or spraying to Germany exceeded the volume sent to the second major destination, Italy (X units), fourfold. The third position in this ranking was taken by Romania (X units), with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+16.9% per year) and Romania (+8.4% per year).

In value terms, Germany ($X) remains the key foreign market for mechanical appliances for projecting, dispersing or spraying exports from Austria, comprising 34% of total exports. The second position in the ranking was held by Italy ($X), with a 9.8% share of total exports. It was followed by the United States, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+24.7% per year) and the United States (+7.8% per year).

Export Prices by Country

The average export price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, shrinking by -6.6% against the previous year. In general, the export price, however, recorded a mild expansion. The growth pace was the most rapid in 2020 when the average export price increased by 49%. The export price peaked at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into Austria

In 2022, overseas purchases of mechanical appliances for projecting, dispersing or spraying were finally on the rise to reach X units after two years of decline. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying declined to $X in 2022. In general, imports showed buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of 55%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Italy (X units) and China (X units) were the main suppliers of imports of mechanical appliances for projecting, dispersing or spraying to Austria, together comprising 92% of total imports. Spain and Switzerland lagged somewhat behind, together comprising a further 3.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +27.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of mechanical appliances for projecting, dispersing or spraying to Austria, comprising 53% of total imports. The second position in the ranking was held by Italy ($X), with a 24% share of total imports. It was followed by China, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.1% per year) and China (+1.8% per year).

Import Prices by Country

In 2022, the average import price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, shrinking by -19.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 46%. The import price peaked at $X per unit in 2021, and then contracted rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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