Austria: Threshing Machinery Market 2024

Threshing Machinery Market Size in Austria

The Austrian threshing machinery market reduced to $X in 2023, with a decrease of X% against the previous year. In general, consumption saw a perceptible reduction. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Threshing Machinery Production in Austria

In value terms, threshing machinery production shrank slightly to $X in 2023 estimated in export price. Overall, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

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Threshing Machinery Exports

Exports from Austria

Threshing machinery exports from Austria rose remarkably to X units in 2023, picking up by X% compared with the previous year's figure. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, threshing machinery exports soared to $X in 2023. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

France (X units), the United States (X units) and Senegal (X units) were the main destinations of threshing machinery exports from Austria, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Senegal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), France ($X) and Senegal ($X) constituted the largest markets for threshing machinery exported from Austria worldwide, with a combined X% share of total exports.

Senegal, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average threshing machinery export price stood at $X per unit in 2023, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Syrian Arab Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Threshing Machinery Imports

Imports into Austria

In 2023, supplies from abroad of threshing machinery except combine harvester-threshers was finally on the rise to reach X units after two years of decline. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, threshing machinery imports soared to $X in 2023. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

France (X units), Germany (X units) and Italy (X units) were the main suppliers of threshing machinery imports to Austria, together accounting for X% of total imports. Slovenia, Norway, China, Switzerland and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of threshing machinery except combine harvester-threshers to Austria, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average threshing machinery import price stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform