Austria - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights

Austria: Electrical Insulating Fittings Market Overview 2020

Electrical Insulating Fittings Market Size in Austria

The revenue of the electrical insulating fittings market in Austria amounted to $X in 2018, picking up by X% against the previous year. Overall, electrical insulating fittings consumption, however, continues to indicate a deep decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the electrical insulating fittings market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Electrical Insulating Fittings Production in Austria

In value terms, electrical insulating fittings production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated a measured increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electrical insulating fittings production increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2013 when production volume increased by X% against the previous year. Over the period under review, electrical insulating fittings production attained its maximum level in 2018 and is likely to continue its growth in the immediate term.

Electrical Insulating Fittings Exports

Exports from Austria

In 2018, the electrical insulating fittings exports from Austria totaled X tonnes, approximately mirroring the previous year. Over the period under review, electrical insulating fittings exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, electrical insulating fittings exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, electrical insulating fittings exports amounted to $X in 2018. Overall, the total exports indicated a significant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electrical insulating fittings exports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

Romania (X tonnes), Hungary (X tonnes) and Germany (X tonnes) were the main destinations of electrical insulating fittings exports from Austria, with a combined X% share of total exports. The Czech Republic, Serbia, Mexico, China, Poland, Tunisia and Morocco lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Tunisia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Romania ($X) and Hungary ($X) were the largest markets for electrical insulating fittings exported from Austria worldwide, together comprising X% of total exports. The Czech Republic, Serbia, Mexico, China, Poland, Tunisia and Morocco lagged somewhat behind, together comprising a further X the main countries of destination, Mexico experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average electrical insulating fittings export price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, the average export prices for electrical insulating fittings of plastics attained their peak figure at $X per tonne in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per tonne), while the average price for exports to Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Electrical Insulating Fittings Imports

Imports into Austria

In 2018, the imports of electrical insulating fittings of plastics into Austria amounted to X tonnes, shrinking by -X% against the previous year. In general, electrical insulating fittings imports continue to indicate a moderate decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, electrical insulating fittings imports stood at $X in 2018. Overall, electrical insulating fittings imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, electrical insulating fittings imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

Imports by Country

Germany (X tonnes), Hungary (X tonnes) and the U.S. (X tonnes) were the main suppliers of electrical insulating fittings imports to Austria, with a combined X% share of total imports. These countries were followed by the Czech Republic, Spain, Italy and China, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electrical insulating fittings to Austria, comprising X% of total electrical insulating fittings imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, 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: Hungary (-X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2018, the average electrical insulating fittings import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price indicated notable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electrical insulating fittings import price increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. In that year, the average import prices for electrical insulating fittings of plastics attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform