Austria: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Austria

In 2022, the Austrian overhead travelling crane market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -26.6% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Overhead Travelling Crane Production in Austria

In value terms, overhead travelling crane production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced increase. The growth pace was the most rapid in 2016 with an increase of 122% against the previous year. Overhead travelling crane production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Overhead Travelling Crane Exports

Exports from Austria

In 2022, after four years of growth, there was significant decline in overseas shipments of overhead travelling cranes on fixed support, when their volume decreased by -66.7% to X units. In general, exports, however, posted a tangible expansion. The growth pace was the most rapid in 2021 with an increase of 186% against the previous year. As a result, the exports reached the peak of X units, and then fell notably in the following year.

In value terms, overhead travelling crane exports stood at $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 56%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X units) was the main destination for overhead travelling crane exports from Austria, accounting for a 64% share of total exports. Moreover, overhead travelling crane exports to Switzerland exceeded the volume sent to the second major destination, Canada (X units), more than tenfold. Iceland (X units) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland amounted to +67.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+60.9% per year) and Iceland (+566.7% per year).

In value terms, Switzerland ($X) emerged as the key foreign market for overhead travelling cranes on fixed support exports from Austria, comprising 74% of total exports. The second position in the ranking was taken by the United States ($X), with a 5% share of total exports. It was followed by Canada, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland totaled +60.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.4% per year) and Canada (+43.2% per year).

Export Prices by Country

The average overhead travelling crane export price stood at $X per unit in 2022, picking up by 203% against the previous year. Overall, the export price, however, saw a drastic downturn. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Philippines ($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 Iceland (+381.9%), while the prices for the other major destinations experienced more modest paces of growth.

Overhead Travelling Crane Imports

Imports into Austria

In 2022, approx. X units of overhead travelling cranes on fixed support were imported into Austria; waning by -6.6% against the previous year. In general, imports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of 100% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, overhead travelling crane imports surged to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of overhead travelling crane to Austria, accounting for a 58% share of total imports. Moreover, overhead travelling crane imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by Slovenia (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +51.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.8% per year) and Slovenia (+16.2% per year).

In value terms, Italy ($X) constituted the largest supplier of overhead travelling cranes on fixed support to Austria, comprising 58% of total imports. The second position in the ranking was taken by Germany ($X), with a 22% share of total imports. It was followed by Slovenia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +197.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.5% per year) and Slovenia (+26.8% per year).

Import Prices by Country

In 2022, the average overhead travelling crane import price amounted to $X per unit, increasing by 95% against the previous year. Overall, the import price, however, showed a mild downturn. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($X per unit) and Germany ($X per unit), while the price for Switzerland ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+98.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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