Austria: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Austria

The Austrian market for fully or partly automatic electric machines for arc welding of metals shrank remarkably to $X in 2022, waning by X% against the previous year. In general, consumption showed a significant decline. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Austria

In value terms, production of fully or partly automatic electric machines for arc welding of metals shrank dramatically to $X in 2022 estimated in export price. Overall, production saw a precipitous curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from Austria

In 2022, approx. X units of fully or partly automatic electric machines for arc welding of metals were exported from Austria; waning by X% on the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X units in 2021, and then fell in the following year.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals fell to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Germany (X units), the United States (X units) and France (X units) were the main destinations of exports of fully or partly automatic electric machines for arc welding of metals from Austria, together comprising X% of total exports. China, Poland, Hungary, Italy, the UK, Spain, Turkey, the Czech Republic, Mexico and Sweden lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for fully or partly automatic arc welding machine exported from Austria were Germany ($X), the United States ($X) and China ($X), with a combined X% share of total exports. France, Italy, Mexico, Turkey, Poland, the Czech Republic, Spain, the UK, Hungary and Sweden lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded 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 export price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, stabilizing at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

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

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into Austria

In 2022, approx. X units of fully or partly automatic electric machines for arc welding of metals were imported into Austria; waning by X% on 2021 figures. Overall, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals fell to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Hungary (X units) constituted the largest fully or partly automatic arc welding machine supplier to Austria, accounting for a X% share of total imports. Moreover, imports of fully or partly automatic electric machines for arc welding of metals from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold.

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

In value terms, the largest fully or partly automatic arc welding machine suppliers to Austria were Hungary ($X), Germany ($X) and Slovenia ($X), with a combined X% share of total imports.

Among the main suppliers, Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for fully or partly automatic electric machines for arc welding of metals amounted to $X per unit, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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