Austria: Screwdriver Market 2025

Screwdriver Market Size in Austria

The Austrian screwdriver market surged to $X in 2021, rising by 35% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.3% against 2019 indices. Screwdriver consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Screwdriver Production in Austria

In value terms, screwdriver production soared to $X in 2021 estimated in export price. In general, production saw prominent growth. The growth pace was the most rapid in 2018 with an increase of 101% against the previous year. Screwdriver production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Screwdriver Exports

Exports from Austria

In 2021, after two years of decline, there was significant growth in overseas shipments of screwdrivers, when their volume increased by 24% to X tons. Overall, exports showed a strong expansion. The growth pace was the most rapid in 2018 with an increase of 69%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, screwdriver exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Hungary (X tons) and Romania (X tons) were the main destinations of screwdriver exports from Austria, together comprising 48% of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +35.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for screwdriver exported from Austria were Germany ($X), Hungary ($X) and Italy ($X), with a combined 39% share of total exports. These countries were followed by Romania, the Czech Republic, Poland, Slovakia, Slovenia, Bulgaria, Croatia and Greece, which together accounted for a further 46%.

Among the main countries of destination, Croatia, with a CAGR of +22.4%, 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

In 2021, the average screwdriver export price amounted to $X per ton, with an increase of 6% against the previous year. Overall, the export price, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2019 an increase of 24% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.8%), while the prices for the other major destinations experienced a decline.

Screwdriver Imports

Imports into Austria

In 2021, purchases abroad of screwdrivers was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 32%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, screwdriver imports soared to $X in 2021. Overall, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. 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

In 2021, China (X tons) constituted the largest screwdriver supplier to Austria, accounting for a 61% share of total imports. Moreover, screwdriver imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.2% per year) and Taiwan (Chinese) (+4.8% per year).

In value terms, the largest screwdriver suppliers to Austria were Germany ($X), China ($X) and Poland ($X), with a combined 76% share of total imports.

Among the main suppliers, Poland, with a CAGR of +254.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average screwdriver import price stood at $X per ton in 2021, falling by -3.3% against the previous year. In general, the import price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 18%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+13.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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