Austria: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Austria

The Austrian market for non-domestic percolators and equipment for cooking or heating food dropped to $X in 2022, shrinking by -12.5% against the previous year. Overall, consumption saw a abrupt decrease. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Austria

In value terms, production of non-domestic percolators and equipment for cooking or heating food fell to $X in 2022 estimated in export price. In general, production, however, posted a significant expansion. The growth pace was the most rapid in 2014 with an increase of 840%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Austria

In 2022, exports of non-domestic percolators and equipment for cooking or heating food from Austria amounted to X units, surging by 11% compared with the previous year's figure. Overall, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +2.8% 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 +63.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 55%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. The total export value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Switzerland (X units) and France (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Austria, with a combined 66% share of total exports. Italy, Hungary, Sweden, Croatia, Slovenia, the United Arab Emirates, Spain, the UK and Russia lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +62.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Austria were Germany ($X), Switzerland ($X) and France ($X), with a combined 66% share of total exports. Italy, Hungary, Sweden, Croatia, Slovenia, the United Arab Emirates, Spain, the UK and Russia lagged somewhat behind, together comprising a further 24%.

In terms of the main countries of destination, the UK, with a CAGR of +88.1%, recorded the highest growth rate of 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

In 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, picking up by 16% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food increased by +29.0% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 44% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per unit) and Slovenia ($X per unit), while the average price for exports to Sweden ($X per unit) and Croatia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Austria

In 2022, imports of non-domestic percolators and equipment for cooking or heating food into Austria totaled less than X units, flattening at the previous year. Over the period under review, imports posted resilient growth. The smallest decline of 99.9% was in 2018. Over the period under review, imports of hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food rose remarkably to $X in 2022. The total import value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2017, Germany (X units) constituted the largest non-domestic percolators and equipment for cooking or heating food supplier to Austria, accounting for a 55% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Switzerland (X units) ranked third in terms of total imports with a 14% share.

From 2014 to 2017, the average annual rate of growth in terms of volume from Germany stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.2% per year) and Switzerland (+3.8% per year).

In value terms, Germany ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Austria, comprising 55% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by Switzerland, with a 14% share.

From 2014 to 2017, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.5% per year) and Switzerland (-8.1% per year).

Import Prices by Country

In 2017, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, almost unchanged from the previous year. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in 2015 when the average import price decreased by 99.9% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2017, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2017, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Italy ($X per unit), while the price for France ($X per unit) and China ($X per unit) were amongst the lowest.

From 2014 to 2017, the most notable rate of growth in terms of prices was attained by Germany (-11.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform