Austria: Pump For Liquid Market 2024

Pump For Liquid Market Size in Austria

The Austrian pump for liquid market shrank modestly to $X in 2021, leveling off at the previous year. Over the period under review, consumption, however, continues to indicate a buoyant increase. Pump for liquid consumption peaked at $X in 2020, and then declined in the following year.

Pump For Liquid Production in Austria

In value terms, pump for liquid production fell rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 4.7%. Pump for liquid production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Pump For Liquid Exports

Exports from Austria

In 2021, shipments abroad of pumps for liquids and liquid elevators was finally on the rise to reach X units after two years of decline. Overall, exports, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2015 with an increase of 26% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, pump for liquid exports expanded rapidly to $X in 2021. In general, exports, however, saw a slight downturn. The most prominent rate of growth was recorded in 2015 with an increase of 18%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Hungary (X units) and the UK (X units) were the main destinations of pump for liquid exports from Austria, with a combined 60% share of total exports. These countries were followed by the Czech Republic, Belgium, China, the United States, Italy, Japan and Switzerland, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +27.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for pumps for liquids and liquid elevators exports from Austria, comprising 25% of total exports. The second position in the ranking was taken by the United States ($X), with an 8.5% share of total exports. It was followed by Japan, with a 7.1% share.

From 2012 to 2021, 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: the United States (+4.2% per year) and Japan (+35.0% per year).

Export Prices by Country

In 2021, the average pump for liquid export price amounted to $X per unit, declining by -3.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2013 an increase of 32%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Hungary ($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 United States (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pump For Liquid Imports

Imports into Austria

In 2021, supplies from abroad of pumps for liquids and liquid elevators increased by 0.9% to X units, rising for the second consecutive year after two years of decline. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 48%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, pump for liquid imports surged to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest pump for liquid supplier to Austria, accounting for a 58% share of total imports. Moreover, pump for liquid imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was taken by the Czech Republic (X units), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.3% per year) and the Czech Republic (+10.6% per year).

In value terms, Germany ($X) constituted the largest supplier of pumps for liquids and liquid elevators to Austria, comprising 47% of total imports. The second position in the ranking was held by Italy ($X), with a 19% share of total imports. It was followed by the Czech Republic, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.7% per year) and the Czech Republic (+9.8% per year).

Import Prices by Country

The average pump for liquid import price stood at $X per unit in 2021, increasing by 17% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The growth pace was the most rapid in 2013 an increase of 27%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform