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

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

In 2022, the Austrian non-numerically controlled sharpening machine market decreased by -26% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, recorded a pronounced increase. Non-numerically controlled sharpening machine consumption peaked at $X in 2021, and then contracted markedly in the following year.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Austria

In value terms, non-numerically controlled sharpening machine production shrank significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a precipitous curtailment. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Austria

In 2022, overseas shipments of non-numerically controlled sharpening machines for working metal were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports showed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 120%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine exports declined to $X in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 81%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X units), Romania (X units) and Hungary (X units) were the main destinations of non-numerically controlled sharpening machine exports from Austria, with a combined 46% share of total exports. Bulgaria, Croatia, Italy, the Czech Republic, Germany and Slovakia lagged somewhat behind, together comprising a further 48%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +41.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-numerically controlled sharpening machine exported from Austria were Germany ($X), Poland ($X) and Romania ($X), with a combined 44% share of total exports. Hungary, Italy, the Czech Republic, Croatia, Bulgaria and Slovakia lagged somewhat behind, together accounting for a further 27%.

Among the main countries of destination, Croatia, with a CAGR of +35.2%, 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

The average non-numerically controlled sharpening machine export price stood at $X per unit in 2022, falling by -9.2% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Bulgaria ($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 Germany (+10.3%), while the prices for the other major destinations experienced a decline.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Austria

In 2022, approx. X units of non-numerically controlled sharpening machines for working metal were imported into Austria; dropping by -14.7% on the year before. In general, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 54% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine imports reduced to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-numerically controlled sharpening machine to Austria, with a 85% share of total imports. Moreover, non-numerically controlled sharpening machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +6.6%.

In value terms, China ($X) constituted the largest supplier of non-numerically controlled sharpening machines for working metal to Austria, comprising 54% of total imports. The second position in the ranking was taken by Germany ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +7.2%.

Import Prices by Country

The average non-numerically controlled sharpening machine import price stood at $X per unit in 2022, growing by 3.9% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of 30% against the previous year. 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 China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%).

Source: IndexBox Platform

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