Austria: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in Austria

The Austrian electrical signalling apparatus market contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, continues to indicate a remarkable increase. Electrical signalling apparatus consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electrical Signalling Apparatus Production in Austria

In value terms, electrical signalling apparatus production shrank slightly to $X in 2022 estimated in export price. In general, production, however, recorded strong growth. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Electrical Signalling Apparatus Exports

Exports from Austria

In 2022, shipments abroad of electrical apparatus for sound or visual signalling increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, total exports indicated a moderate expansion 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, exports increased by X% against 2020 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 attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, electrical signalling apparatus exports contracted to $X in 2022. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for electrical signalling apparatus exports from Austria, with a X% share of total exports. Moreover, electrical signalling apparatus exports to Germany exceeded the volume sent to the second major destination, Sweden (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

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

In value terms, Germany ($X) remains the key foreign market for electrical apparatus for sound or visual signalling exports from Austria, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average electrical signalling apparatus export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, export price indicated a measured 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, electrical signalling apparatus export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Serbia ($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 Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into Austria

In 2022, imports of electrical apparatus for sound or visual signalling into Austria fell to X units, with a decrease of X% compared with the previous year. In general, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, electrical signalling apparatus imports expanded to $X in 2022. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), the Czech Republic (X units) and China (X units) were the main suppliers of electrical signalling apparatus imports to Austria, together accounting for X% of total imports. The Netherlands, France, Italy and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of electrical apparatus for sound or visual signalling to Austria, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average electrical signalling apparatus import price amounted to $X per unit, growing by X% against the previous year. Overall, import price indicated resilient growth 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, electrical signalling apparatus import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for the Czech Republic ($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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