Austria - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Austria - 2023
Contents:
- Test Bench Price in Austria (FOB) - 2023
- Test Bench Price in Austria (CIF) - 2022
- Test Bench Exports in Austria
- Test Bench Imports in Austria
Test Bench Price in Austria (FOB) - 2023
The average test bench export price stood at $10,484 per unit in June 2023, which is down by -5.4% against the previous month. In general, export price indicated mild growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, test bench export price decreased by -19.2% against March 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 75% against the previous month. As a result, the export price attained the peak level of $12,974 per unit; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($14,923 per unit), while the average price for exports to the United States ($6,337 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Price in Austria (CIF) - 2022
In 2022, the average test bench import price amounted to $7,870 per unit, picking up by 8.2% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, test bench import price increased by +72.5% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,229 per unit), while the price for Italy ($2,169 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Exports in Austria
Test bench exports from Austria contracted slightly to 22K units in 2022, with a decrease of -4.3% on the previous year's figure. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. The exports peaked at 30K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, test bench exports shrank sharply to $159M in 2022. Overall, exports faced a drastic downturn. The smallest decline of -2.4% was in 2021. Over the period under review, the exports hit record highs at $296M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Test Bench in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 193 | 129 | 125 | 80.7 | -25.2% |
| United Kingdom | N/A | 0.1 | 28.4 | 16.3 | 1176.7% |
| Japan | 10.8 | 18.6 | 6.8 | 15.2 | 12.1% |
| United States | 27.8 | 17.6 | 21.6 | 11.7 | -25.1% |
| India | 23.5 | 11.8 | 5.3 | 8.1 | -29.9% |
| Russia | 2.7 | 3.0 | 2.2 | 5.7 | 28.3% |
| South Korea | 9.3 | 6.0 | 1.3 | 3.7 | -26.5% |
| Others | 28.6 | 26.6 | 17.4 | 17.5 | -15.1% |
| Total | 296 | 213 | 208 | 159 | -18.7% |
Top Export Markets for Test Bench from Austria in 2022:
- China (9.8K units)
- United Kingdom (5.3K units)
- Japan (1.9K units)
- United States (1.1K units)
- India (1.1K units)
- Russia (0.7K units)
- South Korea (0.5K units)
Test Bench Imports in Austria
In 2022, after three years of growth, there was significant decline in purchases abroad of test benches, when their volume decreased by -24.2% to 2.9K units. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of 3.8K units, and then fell rapidly in the following year.
In value terms, test bench imports declined markedly to $23M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of $28M, and then declined markedly in the following year.
| Import of Test Bench in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.4 | 5.8 | 19.4 | 17.5 | 39.8% |
| Italy | 1.3 | 1.2 | 1.0 | 0.8 | -14.9% |
| Hungary | 0.1 | 0.2 | 0.1 | 0.5 | 71.0% |
| Czech Republic | 1.2 | 0.2 | N/A | 0.2 | -45.0% |
| Netherlands | 0.7 | 0.5 | 0.3 | 0.1 | -47.7% |
| Others | 5.1 | 9.4 | 6.8 | 3.5 | -11.8% |
| Total | 14.8 | 17.2 | 27.6 | 22.6 | 15.2% |
Top Suppliers of Test Bench to Austria in 2022:
- Germany (2126.0 units)
- Italy (366.0 units)
- Hungary (154.0 units)
- Netherlands (45.0 units)
- Czech Republic (27.0 units)
This report provides an in-depth analysis of the test bench 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 26516620 - Test benches
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
- 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
-
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
-
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
-
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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