Austria: Centrifuges Market 2024

Centrifuges Market Size in Austria

The Austrian centrifuges market reduced to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a slight shrinkage. Centrifuges consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Centrifuges Production in Austria

In value terms, centrifuges production shrank to $X in 2022 estimated in export price. Overall, production showed a slight decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Centrifuges production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Centrifuges Exports

Exports from Austria

In 2022, overseas shipments of centrifuges decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a deep slump. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, centrifuges exports contracted notably to $X in 2022. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for centrifuges exports from Austria, with a X% share of total exports. Moreover, centrifuges exports to Saudi Arabia exceeded the volume sent to the second major destination, the United States (X units), twofold. Indonesia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Indonesia (X% per year).

In value terms, Saudi Arabia ($X), Indonesia ($X) and Pakistan ($X) constituted the largest markets for centrifuges exported from Austria worldwide, together accounting for X% of total exports. Hungary, Germany, Slovenia, Greece, Romania, the United States, Bulgaria, Switzerland, Morocco and Slovakia lagged somewhat behind, together comprising a further X%.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average centrifuges export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (X%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifuges Imports

Imports into Austria

In 2022, centrifuges imports into Austria skyrocketed to X units, picking up by X% compared with 2021 figures. Overall, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, centrifuges imports expanded sharply to $X in 2022. In general, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of centrifuges to Austria, with a X% share of total imports. Moreover, centrifuges imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The third position in this ranking was taken by Hungary (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Hungary (X% per year).

In value terms, Germany ($X) constituted the largest supplier of centrifuges to Austria, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by San Marino, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and San Marino (X% per year).

Import Prices by Country

The average centrifuges import price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price showed a slight decline. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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