Austria: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Austria

The Austrian pneumatic elevator market reduced rapidly to $X in 2022, with a decrease of -24.5% against the previous year. Overall, consumption, however, showed a strong expansion. As a result, consumption attained the peak level of $X, and then dropped notably in the following year.

Pneumatic Elevator Production in Austria

In value terms, pneumatic elevator production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 104% against the previous year. Pneumatic elevator production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Pneumatic Elevator Exports

Exports from Austria

In 2022, shipments abroad of pneumatic elevators and conveyors decreased by -51% to X units, falling for the second year in a row after four years of growth. Overall, exports showed a slight decline. The most prominent rate of growth was recorded in 2020 when exports increased by 65%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, pneumatic elevator exports shrank rapidly to $X in 2022. Over the period under review, exports recorded a noticeable descent. The most prominent rate of growth was recorded in 2013 when exports increased by 28% against the previous year. The exports peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Germany (X units), Ghana (X units) and Turkey (X units) were the main destinations of pneumatic elevator exports from Austria, with a combined 45% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ghana (with a CAGR of +123.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for pneumatic elevators and conveyors exports from Austria, comprising 28% of total exports. The second position in the ranking was held by Turkey ($X), with a 6.3% share of total exports. It was followed by Ghana, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+3.4% per year) and Ghana (+139.6% per year).

Export Prices by Country

In 2022, the average pneumatic elevator export price amounted to $X per unit, with an increase of 22% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 48%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 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 France ($X per unit), while the average price for exports to Ghana ($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 Ghana (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pneumatic Elevator Imports

Imports into Austria

In 2022, pneumatic elevator imports into Austria reduced remarkably to less than X units, waning by 99.9% against the previous year's figure. In general, imports, however, showed a prominent expansion. Over the period under review, imports attained the peak figure at X units in 2021, and then contracted sharply in the following year.

In value terms, pneumatic elevator imports contracted slightly to $X in 2022. Overall, imports, however, saw notable growth. The most prominent rate of growth was recorded in 2017 with an increase of 117% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest pneumatic elevator supplier to Austria, with a 68% share of total imports. Moreover, pneumatic elevator imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X units), sevenfold. The third position in this ranking was taken by Italy (X units), with a 9.1% share.

From 2014 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+34.8% per year) and Italy (+37.4% per year).

In value terms, Germany ($X) constituted the largest supplier of pneumatic elevators and conveyors to Austria, comprising 68% of total imports. The second position in the ranking was held by Denmark ($X), with a 9.8% share of total imports. It was followed by Italy, with a 9.1% share.

From 2014 to 2021, the average annual growth rate of value from Germany amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+21.1% per year) and Italy (+23.4% per year).

Import Prices by Country

The average pneumatic elevator import price stood at $X per unit in 2021, approximately mirroring the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2015 a decrease of 99.9% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Switzerland ($X per unit) and the United States ($X per unit), while the price for China ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (-9.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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