Austria: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Austria

In 2021, the Austrian non-numerically controlled drilling machine market increased by 4.2% to $X for the first time since 2014, thus ending a six-year declining trend. In general, consumption showed a perceptible descent. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Austria

In 2021, after two years of decline, there was significant growth in shipments abroad of non-numerically controlled drilling machines for working metal, when their volume increased by 39% to X tons. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 91% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine exports soared to $X in 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 81% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for non-numerically controlled drilling machine exports from Austria, with a 41% share of total exports. Moreover, non-numerically controlled drilling machine exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), fourfold. The third position in this ranking was held by Croatia (X tons), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +30.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+80.9% per year) and Croatia (+36.8% per year).

In value terms, Germany ($X) remains the key foreign market for non-numerically controlled drilling machines for working metal exports from Austria, comprising 43% of total exports. The second position in the ranking was taken by Poland ($X), with a 10% share of total exports. It was followed by Croatia, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +32.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+82.5% per year) and Croatia (+50.3% per year).

Export Prices by Country

The average non-numerically controlled drilling machine export price stood at $X per ton in 2021, surging by 18% against the previous year. Over the period under review, the export price showed a modest increase. The growth pace was the most rapid in 2020 when the average export price increased by 77% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Slovenia ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Austria

In 2021, purchases abroad of non-numerically controlled drilling machines for working metal was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2018 with an increase of 36%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, non-numerically controlled drilling machine imports surged to $X in 2021. Overall, imports recorded a buoyant expansion. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest non-numerically controlled drilling machine supplier to Austria, accounting for a 71% share of total imports. Moreover, non-numerically controlled drilling machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.0% per year) and Italy (+40.3% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled drilling machines for working metal to Austria, comprising 47% of total imports. The second position in the ranking was taken by Italy ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+46.0% per year) and Germany (+7.8% per year).

Import Prices by Country

In 2021, the average non-numerically controlled drilling machine import price amounted to $X per ton, picking up by 34% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled drilling machine import price increased by +75.0% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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