Austria: Check Valve Market 2024

Check Valve Market Size in Austria

The Austrian check valve market dropped slightly to $X in 2022, declining by X% against the previous year. Overall, consumption, however, enjoyed a resilient increase. Check valve consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Check Valve Production in Austria

In value terms, check valve production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, posted prominent growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Check Valve Exports

Exports from Austria

In 2022, after two years of growth, there was significant decline in overseas shipments of check valves for pipes, boiler shells, tanks and vats, when their volume decreased by X% to X tons. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, check valve exports stood at $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for check valve exports from Austria, accounting for a X% share of total exports. Moreover, check valve exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), fivefold. Russia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Russia (X% per year).

In value terms, the largest markets for check valve exported from Austria were Germany ($X), Russia ($X) and China ($X), together comprising X% of total exports. India, the United States, the Czech Republic, the UK, Poland, Switzerland, Canada, Egypt, Brazil and Iran lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average check valve export price stood at $X per ton in 2022, surging by X% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, check valve export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, 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.

Check Valve Imports

Imports into Austria

In 2022, approx. X tons of check valves for pipes, boiler shells, tanks and vats were imported into Austria; growing by X% against 2021. In general, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, check valve imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Italy (X tons) and the Czech Republic (X tons) were the main suppliers of check valve imports to Austria, together accounting for X% of total imports. Turkey, Luxembourg, Poland, the UK, China, Hungary, the Netherlands and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of check valves for pipes, boiler shells, tanks and vats to Austria, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Luxembourg, with a X% share.

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

Import Prices by Country

In 2022, the average check valve import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a mild slump. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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