Austria - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Austria - 2023
Contents:
- Thermostat Price in Austria (CIF) - 2023
- Thermostat Price in Austria (FOB) - 2023
- Thermostat Imports in Austria
- Thermostat Exports in Austria
Thermostat Price in Austria (CIF) - 2023
In June 2023, the average thermostat import price amounted to $3.9 per unit, picking up by 11% against the previous month. Over the period under review, the import price saw modest growth. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 14% m-o-m. As a result, import price attained the peak level of $4.0 per unit. From March 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($8.2 per unit), while the price for Hungary ($1.2 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Thermostat Price in Austria (FOB) - 2023
The average thermostat export price stood at $10.0 per unit in June 2023, surging by 52% against the previous month. Overall, export price indicated a mild increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, thermostat export price increased by +109.1% against April 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($50.6 per unit), while the average price for exports to Mexico ($1.8 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 Serbia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Imports in Austria
In 2022, thermostat imports into Austria shrank significantly to 5.7M units, reducing by -24.8% against 2021 figures. In general, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports attained the peak of 7.6M units, and then reduced remarkably in the following year.
In value terms, thermostat imports amounted to $118M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Thermostat in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 25.4 | 40.2 | 48.1 | 51.0 | 26.2% |
| Germany | 41.1 | 29.2 | 33.7 | 35.5 | -4.8% |
| Poland | 6.8 | 8.7 | 10.6 | 4.2 | -14.8% |
| Italy | 3.9 | 1.5 | 3.2 | 3.7 | -1.7% |
| Turkey | 3.9 | 2.6 | 2.6 | 1.9 | -21.3% |
| Hungary | 0.9 | 0.7 | 2.1 | 1.4 | 15.9% |
| Croatia | 0.8 | 0.9 | 1.2 | 1.0 | 7.7% |
| Others | 10.6 | 8.2 | 12.4 | 19.4 | 22.3% |
| Total | 93.5 | 92.1 | 114 | 118 | 8.1% |
Top Suppliers of Thermostat to Austria in 2022:
- Czech Republic (1099.3K units)
- Germany (1092.1K units)
- Turkey (1050.0K units)
- Poland (547.1K units)
- Croatia (403.4K units)
- Italy (355.9K units)
- Hungary (300.9K units)
Thermostat Exports in Austria
Thermostat exports from Austria reduced dramatically to 1.5M units in 2022, with a decrease of -29.8% on 2021. Overall, exports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of 2.2M units, and then contracted rapidly in the following year.
In value terms, thermostat exports reduced to $20M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, the exports reached the peak of $22M, and then shrank in the following year.
| Export of Thermostat in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.8 | 3.7 | 4.3 | 4.9 | 8.8% |
| Italy | 0.7 | 0.9 | 1.3 | 1.5 | 28.9% |
| Poland | 3.2 | 3.6 | 3.3 | 1.2 | -27.9% |
| Netherlands | 1.1 | 1.1 | 1.3 | 1.1 | 0.0% |
| United States | 0.9 | 0.9 | 0.9 | 0.9 | 0.0% |
| Serbia | 0.5 | 0.8 | 0.8 | 0.8 | 17.0% |
| Bulgaria | 0.2 | 0.2 | 0.4 | 0.8 | 58.7% |
| Bosnia and Herzegovina | 0.8 | 0.7 | 1.1 | 0.7 | -4.4% |
| Croatia | 1.3 | 0.9 | 1.3 | 0.5 | -27.3% |
| United Kingdom | 0.7 | 0.4 | 0.6 | 0.4 | -17.0% |
| Mexico | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Slovenia | 0.5 | 0.5 | 0.7 | 0.3 | -15.7% |
| Others | 5.2 | 4.5 | 5.6 | 6.2 | 6.0% |
| Total | 19.1 | 18.4 | 22.2 | 19.7 | 1.0% |
Top Export Markets for Thermostat from Austria in 2022:
- Mexico (646.0K units)
- Poland (204.7K units)
- Germany (171.2K units)
- Serbia (94.4K units)
- Bosnia and Herzegovina (70.5K units)
- Netherlands (50.3K units)
- United Kingdom (30.4K units)
- Bulgaria (29.6K units)
- Italy (26.3K units)
- Croatia (25.7K units)
- United States (23.9K units)
- Slovenia (14.0K units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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
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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
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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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