Austria: Printing Press Market 2024

Printing Press Market Size in Austria

In 2022, the Austrian printing press market increased by 533% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a strong expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Printing Press Production in Austria

In value terms, printing press production dropped to $X in 2022 estimated in export price. Overall, production recorded a significant expansion. The growth pace was the most rapid in 2021 when the production volume increased by 62%. Printing press production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Printing Press Exports

Exports from Austria

In 2022, the amount of printing presses exported from Austria skyrocketed to X units, rising by 19% against the previous year's figure. Overall, exports, however, showed a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 78% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, printing press exports soared to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 42% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for printing press exports from Austria, with a 26% share of total exports. Moreover, printing press exports to the United States exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was taken by Spain (X units), with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-12.8% per year) and Spain (+29.1% per year).

In value terms, the largest markets for printing press exported from Austria were Spain ($X), the United States ($X) and India ($X), together comprising 47% of total exports.

Among the main countries of destination, Spain, with a CAGR of +80.6%, recorded the highest rates of growth with regard to 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 printing press export price stood at $X per unit in 2022, dropping by -2.5% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 175%. As a result, the export price attained the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Bangladesh ($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 Spain (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Austria

In 2022, the amount of printing presses imported into Austria skyrocketed to X units, increasing by 461% on 2021 figures. In general, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, printing press imports contracted dramatically to $X in 2022. Over the period under review, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 71% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest printing press supplier to Austria, with a 87% share of total imports. Moreover, printing press imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold. France (X units) ranked third in terms of total imports with a 0.8% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +36.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.9% per year) and France (-14.5% per year).

In value terms, Germany ($X) constituted the largest supplier of printing presses to Austria, comprising 56% of total imports. The second position in the ranking was taken by Italy ($X), with a 24% share of total imports. It was followed by the UK, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.6% per year) and the UK (-12.3% per year).

Import Prices by Country

The average printing press import price stood at $X per unit in 2022, shrinking by -86.9% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 124% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then contracted remarkably in the following year.

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 Canada ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+77.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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