Austria: Files And Rasps Market 2024

Files And Rasps Market Size in Austria

The Austrian files and rasps market shrank to $X in 2022, reducing by -14.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a noticeable descent. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Files And Rasps Exports

Exports from Austria

In 2022, overseas shipments of files, rasps and similar tools decreased by -9% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2013 when exports increased by 63%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, files and rasps exports dropped markedly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 44% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Slovakia (X units), Germany (X units) and Hungary (X units) were the main destinations of files and rasps exports from Austria, together comprising 38% of total exports. The Czech Republic, Poland, Norway, Slovenia, Bosnia and Herzegovina, Croatia, Switzerland, Italy, the United States and Kazakhstan lagged somewhat behind, together comprising a further 49%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +81.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Hungary ($X) appeared to be the largest markets for files and rasps exported from Austria worldwide, together comprising 35% of total exports. These countries were followed by Norway, the Czech Republic, Italy, Slovakia, the United States, Switzerland, Slovenia, Kazakhstan, Bosnia and Herzegovina and Croatia, which together accounted for a further 45%.

Among the main countries of destination, Kazakhstan, with a CAGR of +98.3%, 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 files and rasps export price stood at $X per unit in 2022, falling by -9.3% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, files and rasps export price increased by +5.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 17% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Slovakia ($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 Poland (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Files And Rasps Imports

Imports into Austria

In 2022, the amount of files, rasps and similar tools imported into Austria shrank markedly to X units, which is down by -25% on the previous year. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2014 with an increase of 15% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, files and rasps imports declined to $X in 2022. In general, imports saw a slight decrease. The pace of growth was the most pronounced in 2017 when imports increased by 12% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest files and rasps supplier to Austria, with a 60% share of total imports. Moreover, files and rasps imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was held by Portugal (X units), with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.9% per year) and Portugal (-12.9% per year).

In value terms, Germany ($X) constituted the largest supplier of files, rasps and similar tools to Austria, comprising 70% of total imports. The second position in the ranking was held by Portugal ($X), with a 5.7% share of total imports. It was followed by China, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-12.2% per year) and China (-12.2% per year).

Import Prices by Country

In 2022, the average files and rasps import price amounted to $X per unit, with an increase of 25% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, files and rasps import price increased by +44.5% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 27%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Poland ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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