Austria: Stone Polishing Machine Market 2023

Stone Polishing Machine Market Size in Austria

In 2021, the Austrian stone polishing machine market decreased by -78.1% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption continues to indicate a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2020, and then declined markedly in the following year.

Stone Polishing Machine Production in Austria

In value terms, stone polishing machine production shrank remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 85% against the previous year. As a result, production attained the peak level of $X, and then reduced markedly in the following year.

Stone Polishing Machine Exports

Exports from Austria

In 2021, shipments abroad of grinding or polishing machines for working stone, ceramics and concrete increased by 62% to X units, rising for the fifth year in a row after four years of decline. Overall, exports posted buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 213%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, stone polishing machine exports surged to $X in 2021. In general, exports, however, continue to indicate a noticeable setback. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units), Germany (X units) and France (X units) were the main destinations of stone polishing machine exports from Austria, together comprising 76% of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +460.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stone polishing machine exported from Austria were Germany ($X), the Netherlands ($X) and Hungary ($X), with a combined 47% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +381.3%, 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

In 2021, the average stone polishing machine export price amounted to $X per unit, with a decrease of -6.5% against the previous year. In general, the export price recorded a abrupt descent. The growth pace was the most rapid in 2016 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Russia ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Polishing Machine Imports

Imports into Austria

In 2021, supplies from abroad of grinding or polishing machines for working stone, ceramics and concrete increased by 110% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports showed a notable expansion. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, stone polishing machine imports surged to $X in 2021. Over the period under review, imports, however, saw a perceptible decrease. The growth pace was the most rapid in 2016 with an increase of 80% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X units), China (X units) and Finland (X units) were the main suppliers of stone polishing machine imports to Austria, with a combined 76% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +69.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest stone polishing machine suppliers to Austria were Italy ($X), Germany ($X) and Finland ($X), together accounting for 75% of total imports.

Finland, with a CAGR of +73.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average stone polishing machine import price stood at $X per unit in 2021, waning by -27% against the previous year. Overall, the import price saw a deep contraction. The growth pace was the most rapid in 2017 an increase of 38% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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