Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria - 2023
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria (FOB) - 2023
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria (CIF) - 2023
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria (FOB) - 2023
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $44,094 per ton in December 2023, increasing by 18% against the previous month. Overall, export price indicated a measured increase from December 2022 to December 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for machines and mechanical appliances; parts, of those having individual functionses increased by +67.7% against July 2023 indices. The growth pace was the most rapid in May 2023 an increase of 36% against the previous month. Over the period under review, the average export prices reached the maximum in December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($110K per ton), while the average price for exports to New Zealand ($9,622 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria (CIF) - 2023
In December 2023, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $21,650 per ton, growing by 10% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 200% against the previous month. Over the period under review, average import prices reached the peak figure at $25,498 per ton in June 2023; however, from July 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($89,524 per ton), while the price for Hungary ($3,273 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria
In 2022, exports of machines and mechanical appliances; parts, of those having individual functionses from Austria dropped to 19K tons, falling by -10% against 2021 figures. Overall, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 3.7% against the previous year.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses reduced to $465M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 7.3% against the previous year. As a result, the exports reached the peak of $489M, and then declined in the following year.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 130 | 141 | 153 | 146 | 3.9% |
| United States | 26.8 | 31.2 | 39.0 | 37.7 | 12.0% |
| China | 53.7 | 24.1 | 20.3 | 34.8 | -13.5% |
| Poland | 9.7 | 24.7 | 39.2 | 29.4 | 44.7% |
| France | 18.4 | 24.3 | 29.2 | 18.4 | 0.0% |
| Czech Republic | 15.1 | 19.1 | 20.4 | 17.8 | 5.6% |
| Italy | 22.6 | 10.1 | 6.9 | 14.0 | -14.8% |
| Switzerland | 20.8 | 8.8 | 8.8 | 12.7 | -15.2% |
| Spain | 9.2 | 7.7 | 9.5 | 10.2 | 3.5% |
| United Kingdom | 9.7 | 10.0 | 14.8 | 9.3 | -1.4% |
| Turkey | 2.9 | 29.9 | 8.2 | 7.1 | 34.8% |
| Romania | 6.3 | 8.0 | 9.9 | 6.6 | 1.6% |
| Others | 105 | 117 | 130 | 121 | 4.8% |
| Total | 431 | 456 | 489 | 465 | 2.6% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Austria in 2022:
- Germany (8.4K tons)
- France (1.9K tons)
- Czech Republic (1.2K tons)
- China (0.9K tons)
- United States (0.8K tons)
- Spain (0.7K tons)
- Poland (0.5K tons)
- Switzerland (0.5K tons)
- Italy (0.4K tons)
- United Kingdom (0.4K tons)
- Turkey (0.3K tons)
- Romania (0.3K tons)
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria
In 2022, imports of machines and mechanical appliances; parts, of those having individual functionses into Austria contracted to 22K tons, with a decrease of -5.7% compared with the year before. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports reached the peak of 23K tons, and then shrank in the following year.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses reduced to $352M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports reached the peak of $374M, and then contracted in the following year.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 144 | 146 | 177 | 182 | 8.1% |
| Slovenia | 21.8 | 19.0 | 25.2 | 29.2 | 10.2% |
| China | 6.5 | 14.6 | 18.9 | 21.2 | 48.3% |
| Czech Republic | 22.6 | 16.7 | 25.1 | 17.0 | -9.1% |
| Hungary | 20.6 | 22.3 | 28.2 | 15.2 | -9.6% |
| Italy | 11.7 | 10.6 | 15.8 | 14.5 | 7.4% |
| Netherlands | 3.2 | 5.3 | 10.1 | 10.8 | 50.0% |
| Poland | 2.8 | 3.9 | 8.6 | 4.6 | 18.0% |
| Others | 54.8 | 55.0 | 65.7 | 57.5 | 1.6% |
| Total | 288 | 293 | 374 | 352 | 6.9% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Austria in 2022:
- Germany (7.4K tons)
- Slovenia (4.3K tons)
- Hungary (3.2K tons)
- Czech Republic (2.6K tons)
- Italy (1.0K tons)
- Netherlands (0.9K tons)
- Poland (0.5K tons)
- China (0.4K tons)
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