Austria: Non-Electric Industrial Furnace Market 2025

Non-Electric Industrial Furnace Market Size in Austria

The Austrian non-electric industrial furnace market fell to $X in 2022, shrinking by -8.8% against the previous year. Over the period under review, consumption showed a perceptible descent. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Non-Electric Industrial Furnace Production in Austria

In value terms, non-electric industrial furnace production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 897%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Non-Electric Industrial Furnace Exports

Exports from Austria

In 2022, non-electric industrial furnace exports from Austria soared to X units, growing by 83% compared with the year before. In general, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 114% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, non-electric industrial furnace exports shrank to $X in 2022. Over the period under review, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 487%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for non-electric industrial furnace exports from Austria, accounting for a 86% share of total exports. Moreover, non-electric industrial furnace exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), more than tenfold. The third position in this ranking was taken by Brazil (X units), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+29.8% per year) and Brazil (+7.7% per year).

In value terms, Germany ($X) emerged as the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Austria, comprising 74% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total exports. It was followed by Russia, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at -6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+10.9% per year) and Russia (-35.2% per year).

Export Prices by Country

In 2022, the average non-electric industrial furnace export price amounted to $X per unit, declining by -51.3% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 359%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Brazil ($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 South Korea (+31.0%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Electric Industrial Furnace Imports

Imports into Austria

In 2022, approx. X units of non-electric industrial or laboratory furnaces and ovens were imported into Austria; almost unchanged from 2021 figures. In general, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2016 with an increase of 199% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, non-electric industrial furnace imports skyrocketed to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 347% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Czech Republic (X units), Italy (X units) and Germany (X units) were the main suppliers of non-electric industrial furnace imports to Austria, together comprising 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +167.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest non-electric industrial furnace suppliers to Austria were Italy ($X), the Czech Republic ($X) and Germany ($X), together accounting for 92% of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +159.7%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average non-electric industrial furnace import price amounted to $X per unit, growing by 72% against the previous year. In general, the import price, however, recorded a perceptible curtailment. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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