Austria: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Austria

In 2022, after two years of decline, there was significant growth in the Austrian telephonic switching apparatus market, when its value increased by 14% to $X. In general, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Telephonic Switching Apparatus Production in Austria

In value terms, telephonic switching apparatus production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 33%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports from Austria

In 2022, after seven years of growth, there was decline in shipments abroad of telephonic or telegraphic switching apparatus, when their volume decreased by -3.9% to X units. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 86%. The exports peaked at X units in 2021, and then declined slightly in the following year.

In value terms, telephonic switching apparatus exports rose notably to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Slovakia (X units) and Switzerland (X units) were the main destinations of telephonic switching apparatus exports from Austria, together comprising 58% of total exports. Serbia, the Netherlands, Poland, Thailand, Spain, the United States and Belarus lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +69.2%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Germany ($X) and the United States ($X) were the largest markets for telephonic switching apparatus exported from Austria worldwide, together comprising 45% of total exports. Poland, Thailand, Switzerland, the Netherlands, Spain, Serbia and Belarus lagged somewhat behind, together accounting for a further 17%.

Thailand, with a CAGR of +71.1%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 telephonic switching apparatus export price stood at $X per unit in 2022, rising by 15% against the previous year. Over the period under review, the export price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 29%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, 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 the United States ($X per unit), while the average price for exports to Serbia ($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 Slovakia (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Telephonic Switching Apparatus Imports

Imports into Austria

In 2022, after eight years of growth, there was decline in purchases abroad of telephonic or telegraphic switching apparatus, when their volume decreased by -3.8% to X units. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.7% against 2013 indices. The growth pace was the most rapid in 2018 when imports increased by 18% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then shrank modestly in the following year.

In value terms, telephonic switching apparatus imports stood at $X in 2022. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest telephonic switching apparatus supplier to Austria, accounting for a 34% share of total imports. Moreover, telephonic switching apparatus imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.7% per year) and the Netherlands (+9.5% per year).

In value terms, Germany ($X) constituted the largest supplier of telephonic or telegraphic switching apparatus to Austria, comprising 32% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of total imports. It was followed by Vietnam, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+16.0% per year) and Vietnam (+113.6% per year).

Import Prices by Country

In 2022, the average telephonic switching apparatus import price amounted to $X per unit, increasing by 8.2% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, telephonic switching apparatus import price increased by +24.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 57%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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