Austria: Market for Parts Of Harvester And Threshers 2024

Market Size for Parts Of Harvester And Threshers in Austria

The Austrian market for parts of harvester and threshers was finally on the rise to reach $X in 2021, after two years of decline. Overall, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Parts Of Harvester And Threshers in Austria

In value terms, parts of harvester and threshers production soared to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 80% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Parts Of Harvester And Threshers

Exports from Austria

In 2021, exports of parts of harvester and threshers from Austria expanded markedly to X units, growing by 10% on the previous year. Over the period under review, exports, however, showed a deep slump. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, parts of harvester and threshers exports surged to $X in 2021. In general, exports, however, saw a noticeable descent. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for parts of harvester and threshers exports from Austria, accounting for a 34% share of total exports. Moreover, parts of harvester and threshers exports to Germany exceeded the volume sent to the second major destination, France (X units), twofold. The Czech Republic (X units) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to -11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.2% per year) and the Czech Republic (-24.5% per year).

In value terms, Germany ($X) remains the key foreign market for parts of harvester and threshers exports from Austria, comprising 34% of total exports. The second position in the ranking was held by France ($X), with a 12% share of total exports. It was followed by the Czech Republic, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.2% per year) and the Czech Republic (-12.0% per year).

Export Prices by Country

The average export price for parts of harvester and threshers stood at $X per unit in 2021, growing by 13% against the previous year. In general, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 32% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Harvester And Threshers

Imports into Austria

In 2021, overseas purchases of parts of harvester and threshers were finally on the rise to reach X units after two years of decline. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers imports surged to $X in 2021. In general, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of parts of harvester and threshers imports to Austria, with a combined 76% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +12.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest parts of harvester and threshers suppliers to Austria were Germany ($X), Italy ($X) and the Czech Republic ($X), together accounting for 76% of total imports. Hungary, Slovenia, Slovakia and Poland lagged somewhat behind, together accounting for a further 15%.

Poland, with a CAGR of +12.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for parts of harvester and threshers stood at $X per unit in 2021, growing by 3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 11%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform