Austria: Mounted Piezo-Electric Crystals Market 2024

Mounted Piezo-Electric Crystals Market Size in Austria

The Austrian mounted piezo-electric crystals market surged to $X in 2021, rising by 91% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Mounted Piezo-Electric Crystals Production in Austria

In value terms, mounted piezo-electric crystals production amounted to $X in 2021 estimated in export price. Overall, production showed a deep setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by 61%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Mounted Piezo-Electric Crystals Exports

Exports from Austria

In 2021, shipments abroad of mounted piezo-electric crystals was finally on the rise to reach X units after two years of decline. Overall, exports, however, showed a noticeable downturn. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, mounted piezo-electric crystals exports skyrocketed to $X in 2021. In general, exports saw a noticeable expansion. The pace of growth was the most pronounced in 2020 with an increase of 101% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Croatia (X units) was the main destination for mounted piezo-electric crystals exports from Austria, accounting for a 45% share of total exports. Moreover, mounted piezo-electric crystals exports to Croatia exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was held by Switzerland (X units), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Croatia totaled -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-7.7% per year) and Switzerland (+46.4% per year).

In value terms, China ($X) remains the key foreign market for mounted piezo-electric crystals exports from Austria, comprising 57% of total exports. The second position in the ranking was held by Germany ($X), with a 25% share of total exports. It was followed by Switzerland, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +431.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.1% per year) and Switzerland (+69.9% per year).

Export Prices by Country

In 2021, the average mounted piezo-electric crystals export price amounted to $X per unit, falling by -33.4% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 105%. As a result, the export price reached the peak level of $X per unit, and then dropped dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Croatia (less than $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 China (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Imports

Imports into Austria

In 2021, purchases abroad of mounted piezo-electric crystals increased by 74% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, showed a noticeable slump. The pace of growth was the most pronounced in 2020 when imports increased by 145% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, mounted piezo-electric crystals imports reached $X in 2021. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 127% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

Croatia (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of mounted piezo-electric crystals imports to Austria, with a combined 94% share of total imports. Italy, China, Japan and New Zealand lagged somewhat behind, together comprising a further 4.3%.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +78.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of mounted piezo-electric crystals to Austria, comprising 72% of total imports. The second position in the ranking was taken by Croatia ($X), with a 14% share of total imports. It was followed by China, with a 2% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +63.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (-10.0% per year) and China (+5.7% per year).

Import Prices by Country

The average mounted piezo-electric crystals import price stood at $X per unit in 2021, with a decrease of -36.5% against the previous year. Overall, the import price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 210% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was New Zealand ($X per unit), while the price for the Netherlands (less than $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 (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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