Austria: Video Monitor Market 2024

Video Monitor Market Size in Austria

The Austrian video monitor market soared to $X in 2021, picking up by 46% against the previous year. Over the period under review, consumption showed buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Video Monitor Production in Austria

In value terms, video monitor production surged to $X in 2021 estimated in export price. Overall, production showed a prominent expansion. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Video Monitor Exports

Exports from Austria

In 2021, shipments abroad of video monitors increased by 22% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of 41% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, video monitor exports skyrocketed to $X in 2021. In general, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 48% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units) was the main destination for video monitor exports from Austria, with a 55% share of total exports. Moreover, video monitor exports to Germany exceeded the volume sent to the second major destination, Poland (X units), fivefold. The third position in this ranking was taken by Slovakia (X units), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+26.2% per year) and Slovakia (-7.8% per year).

In value terms, Germany ($X) remains the key foreign market for video monitors exports from Austria, comprising 53% of total exports. The second position in the ranking was held by Poland ($X), with an 8.2% share of total exports. It was followed by the United States, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+32.5% per year) and the United States (+11.2% per year).

Export Prices by Country

In 2021, the average video monitor export price amounted to $X per unit, with an increase of 19% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of 38%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Slovakia ($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 (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Video Monitor Imports

Imports into Austria

In 2021, purchases abroad of video monitors increased by 24% to X units, rising for the fourth year in a row after two years of decline. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, video monitor imports surged to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +100.9% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest video monitor supplier to Austria, accounting for a 42% share of total imports. Moreover, video monitor imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold. The third position in this ranking was taken by the Czech Republic (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+13.1% per year) and the Czech Republic (+35.4% per year).

In value terms, Germany ($X) constituted the largest supplier of video monitors to Austria, comprising 45% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total imports. It was followed by the Czech Republic, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+22.9% per year) and the Czech Republic (+44.4% per year).

Import Prices by Country

The average video monitor import price stood at $X per unit in 2021, remaining stable against the previous year. Overall, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, video monitor import price decreased by -4.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 53%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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