Report Update: Apr 1, 2024

Austria - Passenger Cars - Market Analysis, Forecast, Size, Trends And Insights

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Passenger Car Price in Austria - 2023

Passenger Car Price in Austria (CIF) - 2023

In July 2023, the average passenger car import price amounted to $31,007 per unit, remaining stable against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in December 2022 an increase of 9.5% month-to-month. Over the period under review, average import prices reached the peak figure at $31,196 per unit in June 2023, and then contracted modestly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Slovakia ($33,463 per unit), while the price for France ($21,616 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Passenger Car Price in Austria (FOB) - 2023

The average passenger car export price stood at $39,338 per unit in July 2023, increasing by 2.1% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 11% month-to-month. The export price peaked in July 2023.

Average prices varied somewhat for the major external markets. In July 2023, the highest price was recorded for prices to the Czech Republic ($47,982 per unit) and Bulgaria ($47,114 per unit), while the average price for exports to Japan ($34,251 per unit) and China ($34,544 per unit) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Passenger Car Imports in Austria

In 2022, approx. 305K units of passenger cars were imported into Austria; waning by -6.5% against the previous year. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 3.6% against the previous year. Imports peaked at 459K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, passenger car imports expanded to $9.7B in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Over the period under review, imports reached the peak figure at $9.9B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Passenger Car in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3,560	4,259	5,127	5,346	14.5%
Czech Republic	811	445	552	618	-8.7%
Slovakia	328	473	598	597	22.1%
Spain	590	440	486	594	0.2%
Slovenia	48.2	234	368	504	118.7%
Belgium	150	588	552	463	45.6%
France	577	387	443	321	-17.8%
Italy	367	183	233	298	-6.7%
United Kingdom	476	212	132	131	-35.0%
Japan	551	91.5	61.8	25.7	-64.0%
Others	2,436	893	929	802	-30.9%
Total	9,894	8,206	9,482	9,701	-0.7%

Top Suppliers of Passenger Car to Austria in 2022:

Germany (142.5K units)
Czech Republic (25.1K units)
Spain (23.8K units)
Slovakia (21.6K units)
Slovenia (19.5K units)
France (15.9K units)
Belgium (15.1K units)
Italy (9.0K units)
United Kingdom (1.9K units)
Japan (1.5K units)

Passenger Car Exports in Austria

In 2022, exports of passenger cars from Austria reached 177K units, surging by 11% compared with 2021 figures. Overall, exports, however, faced a deep downturn. Over the period under review, the exports attained the maximum at 296K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, passenger car exports soared to $8.5B in 2022. In general, exports, however, showed a mild setback. The exports peaked at $9B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Passenger Car in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,319	1,316	1,494	1,463	3.5%
United States	1,163	556	658	851	-9.9%
China	324	175	365	738	31.6%
South Korea	273	94.8	71.9	626	31.9%
United Kingdom	905	845	578	571	-14.2%
Czech Republic	406	337	407	518	8.5%
Belgium	752	538	520	491	-13.2%
Hungary	289	266	319	397	11.2%
Japan	331	275	318	328	-0.3%
Romania	218	177	208	315	13.1%
Slovakia	223	250	292	262	5.5%
Italy	326	153	287	232	-10.7%
Poland	160	120	156	167	1.4%
Others	2,313	1,338	1,429	1,579	-11.9%
Total	9,002	6,443	7,103	8,538	-1.7%

Top Export Markets for Passenger Car from Austria in 2022:

Germany (30.2K units)
United States (16.0K units)
South Korea (15.0K units)
China (14.0K units)
Hungary (11.0K units)
Belgium (10.6K units)
United Kingdom (9.7K units)
Czech Republic (9.0K units)
Romania (6.0K units)
Japan (5.8K units)
Italy (5.5K units)
Slovakia (5.5K units)
Poland (4.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the passenger car market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29102100 - Vehicles with spark-ignition engine of a cylinder capacity. 1 .500 cm., new
Prodcom 29102230 - Motor vehicles with a petrol engine > 1 .500 cm. (including motor caravans of a capacity > 3 .000 cm.) (excluding vehicles for transporting . .10 persons, snowmobiles, golf cars and similar vehicles)
Prodcom 29102250 - Motor caravans with a spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1 .500 cm. but . 3 .000 cm.
Prodcom 29102310 - Motor vehicles with a diesel or semi-diesel engine . 1 .500 cm. (excluding vehicles for transporting . .10 persons, s nowmobiles, golf cars and similar vehicles)
Prodcom 29102330 - Motor vehicles with a diesel or semi-diesel engine > 1 .500 cm. but . 2 .500 cm. (excluding vehicles for transporting . .10 persons, motor caravans, snowmobiles, golf cars and similar vehicles)
Prodcom 29102340 - Motor vehicles with a diesel or semi-diesel engine > 2 .500 cm. (excluding vehicles for transporting . .10 persons, motor caravans, snowmobiles, golf cars and similar vehicles)
Prodcom 29102353 - Motor caravans with a compression-ignition internal combustion piston engine (diesel or semi-diesel) of a cylinder capacity > 1 .500 cm. but . 2 .500 cm.
Prodcom 29102355 - Motor caravans with a compression-ignition internal combustion piston engine (diesel or semi-diesel) of a cylinder capacity > 2 .500 cm.
Prodcom 29102400 - Other motor vehicles for the transport of persons (excluding vehicles for transporting . .10 persons, snowmobiles, golf cars and similar vehicles)
Prodcom 29102410 -
Prodcom 29102430 -
Prodcom 29102450 -
Prodcom 29102490 -

Country coverage:

Austria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Austria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023