Austria: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in Austria

The Austrian snow motor vehicle market declined to $X in 2022, waning by -11.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a buoyant expansion. As a result, consumption reached the peak level of $X, and then declined in the following year.

Snow Motor Vehicle Exports

Exports from Austria

In 2022, exports of motor vehicles for travelling on snow or golf cars from Austria contracted to X units, falling by -13.2% compared with the previous year's figure. Over the period under review, exports saw a mild contraction. The pace of growth was the most pronounced in 2017 with an increase of 182%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, snow motor vehicle exports reduced slightly to $X in 2022. Overall, exports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 252%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Slovenia (X units) and Italy (X units) were the main destinations of snow motor vehicle exports from Austria, together accounting for 53% of total exports. Poland, Switzerland, Croatia, Canada and Tunisia lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +38.5%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Germany ($X) and Italy ($X) constituted the largest markets for snow motor vehicle exported from Austria worldwide, with a combined 52% share of total exports. Switzerland, Croatia, Tunisia, Poland and Canada lagged somewhat behind, together accounting for a further 36%.

Croatia, with a CAGR of +47.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average snow motor vehicle export price stood at $X per unit in 2022, growing by 14% against the previous year. In general, the export price, however, saw a pronounced contraction. The growth pace was the most rapid in 2019 when the average export price increased by 39% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while the average price for exports to Canada ($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 France (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Snow Motor Vehicle Imports

Imports into Austria

Snow motor vehicle imports into Austria reduced to X units in 2022, falling by -8.4% on the previous year's figure. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 192%. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, snow motor vehicle imports contracted significantly to $X in 2022. Over the period under review, imports, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 192% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of snow motor vehicle to Austria, with a 52% share of total imports. Moreover, snow motor vehicle imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Finland (X units), with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +42.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.3% per year) and Finland (+13.1% per year).

In value terms, Germany ($X), China ($X) and Finland ($X) appeared to be the largest snow motor vehicle suppliers to Austria, together accounting for 68% of total imports. Ireland, the United States, Italy, Sweden and Switzerland lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Sweden, with a CAGR of +87.2%, recorded the highest growth rate of 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

In 2022, the average snow motor vehicle import price amounted to $X per unit, shrinking by -7.7% against the previous year. In general, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 an increase of 85% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, 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 United States ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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