Austria: Crane Market 2024

Crane Market Size in Austria

In 2022, the Austrian crane market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw a perceptible descent. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Crane Production in Austria

In value terms, crane production soared to $X in 2022 estimated in export price. Overall, production, however, saw a mild setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Crane production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Crane Exports

Exports from Austria

In 2022, shipments abroad of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane increased by X% to X units, rising for the second year in a row after two years of decline. The total export volume 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 growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, crane exports declined slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

The United States (X units), Germany (X units) and France (X units) were the main destinations of crane exports from Austria, with a combined X% share of total exports. Canada, Italy, Spain, Sweden, Switzerland, Poland, the UK, the Netherlands, Finland and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and France ($X) constituted the largest markets for crane exported from Austria worldwide, together accounting for X% of total exports. Canada, the UK, Italy, Spain, Sweden, Poland, Switzerland, the Netherlands, Belgium and Finland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Spain, with a CAGR of X%, saw the highest rates of growth with regard to 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 crane export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price showed a slight contraction. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United States ($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 Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Crane Imports

Imports into Austria

In 2022, imports of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane into Austria reduced to X units, dropping by X% compared with the previous year. Over the period under review, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, crane imports shrank remarkably to $X in 2022. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2021, and then contracted sharply in the following year.

Imports by Country

Germany (X units), Italy (X units) and France (X units) were the main suppliers of crane imports to Austria, with a combined X% share of total imports. Switzerland, Poland, the Netherlands and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crane suppliers to Austria were Germany ($X), Italy ($X) and France ($X), with a combined X% share of total imports. Denmark, Poland, the Netherlands and Switzerland lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average crane import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 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 Denmark ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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