Austria - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Balancing Mechanical Parts Machine in Austria - 2023
Contents:
- Price for Balancing Mechanical Parts Machine in Austria (CIF) - 2023
- Price for Balancing Mechanical Parts Machine in Austria (FOB) - 2022
- Imports of Balancing Mechanical Parts Machine in Austria
- Exports of Balancing Mechanical Parts Machine in Austria
Price for Balancing Mechanical Parts Machine in Austria (CIF) - 2023
In July 2023, the average balancing mechanical parts machine import price amounted to $2,926 per unit, dropping by -2.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 19% m-o-m. As a result, import price attained the peak level of $3,258 per unit; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($3,409 per unit), while the price for Spain ($1,621 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 China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Balancing Mechanical Parts Machine in Austria (FOB) - 2022
The average balancing mechanical parts machine export price stood at $2,518 per unit in 2022, dropping by -10.3% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 31% against the previous year. The export price peaked at $4,162 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($2,954 per unit) and Turkmenistan ($2,953 per unit), while the average price for exports to Italy ($2,111 per unit) and Germany ($2,216 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balancing Mechanical Parts Machine in Austria
Balancing mechanical parts machine imports into Austria skyrocketed to 1.2K units in 2022, jumping by 17% compared with the year before. The total import volume increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, balancing mechanical parts machine imports expanded sharply to $3.2M in 2022. The total import value increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Balancing Mechanical Parts Machine in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 881 | 1,390 | 1,203 | 1,111 | 8.0% |
| United Kingdom | 13.2 | 3.9 | 30.8 | 725 | 280.1% |
| Italy | 783 | 720 | 714 | 614 | -7.8% |
| China | 448 | 456 | 804 | 561 | 7.8% |
| Czech Republic | N/A | N/A | N/A | 58.5 | 0% |
| Others | 150 | 110 | 137 | 100 | -12.6% |
| Total | 2,275 | 2,680 | 2,888 | 3,169 | 11.7% |
Top Suppliers of Balancing Mechanical Parts Machine to Austria in 2022:
- Germany (431.0 units)
- Italy (258.0 units)
- United Kingdom (232.0 units)
- China (220.0 units)
- Czech Republic (22.0 units)
Exports of Balancing Mechanical Parts Machine in Austria
In 2022, shipments abroad of machines for balancing mechanical parts decreased by -17.9% to 256 units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. Over the period under review, the exports attained the peak figure at 312 units in 2021, and then contracted markedly in the following year.
In value terms, balancing mechanical parts machine exports declined significantly to $645K in 2022. Over the period under review, exports, however, saw a strong expansion. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. The exports peaked at $877K in 2021, and then shrank rapidly in the following year.
| Export of Balancing Mechanical Parts Machine in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 90.2 | 221 | 241 | 125 | 11.5% |
| Mexico | N/A | N/A | N/A | 111 | 0% |
| Serbia | 2.3 | N/A | 7.9 | 111 | 264.1% |
| France | 4.1 | 191 | 369 | 59.8 | 144.3% |
| Italy | 40.6 | 14.3 | 31.8 | 41.6 | 0.8% |
| Slovakia | 49.0 | 39.5 | 34.0 | 27.3 | -17.7% |
| Bosnia and Herzegovina | 3.3 | 7.3 | 10.5 | 22.7 | 90.2% |
| India | N/A | 6.4 | N/A | 21.5 | 83.3% |
| Switzerland | 33.1 | 57.4 | 20.6 | 16.8 | -20.2% |
| Qatar | 4.7 | 18.1 | 9.2 | 12.6 | 38.9% |
| Turkmenistan | N/A | N/A | N/A | 11.8 | 0% |
| Sweden | N/A | N/A | 2.5 | 9.6 | 284.0% |
| China | 53.7 | N/A | N/A | N/A | 0% |
| Others | 97.8 | 72.6 | 150 | 74.4 | -8.7% |
| Total | 379 | 628 | 877 | 645 | 19.4% |
Top Export Markets for Balancing Mechanical Parts Machine from Austria in 2022:
- Germany (56.0 units)
- Mexico (38.0 units)
- Serbia (38.0 units)
- France (26.0 units)
- Italy (20.0 units)
- Slovakia (11.0 units)
- Bosnia and Herzegovina (9.0 units)
- India (8.0 units)
- Switzerland (6.0 units)
- Qatar (5.0 units)
- Turkmenistan (4.0 units)
- Sweden (4.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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