Austria: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Austria

In 2021, the Austrian self-propelled rock cutter market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted a significant expansion. Self-propelled rock cutter consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Self-Propelled Rock Cutter Production in Austria

In value terms, self-propelled rock cutter production surged to $X in 2021 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -15.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 50% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Self-Propelled Rock Cutter Exports

Exports from Austria

In 2021, shipments abroad of self-propelled coal or rock cutters and tunnelling machinery decreased by -24.9% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 156%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, self-propelled rock cutter exports dropped to $X in 2021. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 185%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for self-propelled rock cutter exports from Austria, accounting for a 38% share of total exports. Moreover, self-propelled rock cutter exports to China exceeded the volume sent to the second major destination, Australia (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+3.2% per year) and Germany (+75.3% per year).

In value terms, the largest markets for self-propelled rock cutter exported from Austria were China ($X), Australia ($X) and Russia ($X), together accounting for 73% of total exports. South Korea, Germany, South Africa, Switzerland and Poland lagged somewhat behind, together comprising a further 23%.

Germany, with a CAGR of +55.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average self-propelled rock cutter export price stood at $X per unit in 2021, picking up by 22% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per unit), while the average price for exports to Germany ($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 Switzerland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Rock Cutter Imports

Imports into Austria

In 2021, approx. X units of self-propelled coal or rock cutters and tunnelling machinery were imported into Austria; with a decrease of -27.6% compared with the year before. Overall, imports showed a slight curtailment. The pace of growth was the most pronounced in 2013 with an increase of 1,217% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, self-propelled rock cutter imports shrank to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 1,958% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Switzerland (X units) constituted the largest supplier of self-propelled rock cutter to Austria, with a 81% share of total imports. Moreover, self-propelled rock cutter imports from Switzerland exceeded the figures recorded by the second-largest supplier, Sweden (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Switzerland totaled +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-13.6% per year) and Germany (-24.9% per year).

In value terms, Switzerland ($X) constituted the largest supplier of self-propelled coal or rock cutters and tunnelling machinery to Austria, comprising 67% of total imports. The second position in the ranking was taken by Sweden ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Switzerland amounted to +30.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-8.5% per year) and Germany (-16.5% per year).

Import Prices by Country

In 2021, the average self-propelled rock cutter import price amounted to $X per unit, with an increase of 20% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, self-propelled rock cutter import price decreased by -39.6% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of 56% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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