Austria: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in Austria

In 2021, after two years of decline, there was significant growth in the Austrian market for electric generating sets and rotary converters, when its value increased by X% to $X. Overall, consumption showed resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Electric Generating Sets And Rotary Converters in Austria

In value terms, production of electric generating sets and rotary converters reduced to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by X% against 2012 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X, and then contracted in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Electric Generating Sets And Rotary Converters

Exports from Austria

In 2021, the amount of electric generating sets and rotary converters exported from Austria rose remarkably to X units, growing by X% on the previous year's figure. Overall, exports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of electric generating sets and rotary converters skyrocketed to $X in 2021. In general, total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Indonesia (X units) was the main destination for exports of electric generating sets and rotary converters from Austria, with a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Indonesia exceeded the volume sent to the second major destination, Thailand (X units), twofold. Germany (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Indonesia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Germany (X% per year).

In value terms, the largest markets for electric generating set and rotary converter exported from Austria were Germany ($X), Italy ($X) and the UK ($X).

In terms of the main countries of destination, Poland, 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

In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, waning by X% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2020: its price increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for electric generating sets and rotary converters increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per unit in 2019, and then dropped in the following year.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Austria

In 2021, after two years of decline, there was significant growth in supplies from abroad of electric generating sets and rotary converters, when their volume increased by X% to X units. Over the period under review, imports continue to indicate a relatively flat trend pattern. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of electric generating sets and rotary converters soared to $X in 2021. Overall, imports posted resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of imports of electric generating sets and rotary converters to Austria.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electric generating sets and rotary converters to Austria, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019, and then contracted rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :