Austria: Grinding Machine Market 2024

Grinding Machine Market Size in Austria

The Austrian grinding machine market expanded rapidly to $X in 2022, growing by X% against the previous year. In general, consumption, however, recorded a precipitous decline. Grinding machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Grinding Machine Production in Austria

In value terms, grinding machine production rose to $X in 2022 estimated in export price. Overall, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Grinding machine production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Grinding Machine Exports

Exports from Austria

In 2022, the amount of machines having individual functions, for mixing, kneading, crushing or grinding exported from Austria was estimated at X units, growing by X% compared with the previous year. Overall, exports posted a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, grinding machine exports stood at $X in 2022. Over the period under review, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units), the United States (X units) and Italy (X units) were the main destinations of grinding machine exports from Austria, with a combined X% share of total exports.

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

In value terms, Germany ($X), the United States ($X) and Italy ($X) constituted the largest markets for grinding machine exported from Austria worldwide, together accounting for X% of total exports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average grinding machine export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Sweden ($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 Spain (X%), while the prices for the other major destinations experienced a decline.

Grinding Machine Imports

Imports into Austria

For the eleventh consecutive year, Austria recorded growth in overseas purchases of machines having individual functions, for mixing, kneading, crushing or grinding, which increased by X% to X units in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, grinding machine imports expanded markedly to $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Slovenia (X units), Germany (X units) and Poland (X units) were the main suppliers of grinding machine imports to Austria, with a combined X% share of total imports. The UK, the Netherlands, Switzerland and Italy lagged somewhat behind, together comprising a further X%.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovenia ($X) and Switzerland ($X) appeared to be the largest grinding machine suppliers to Austria, with a combined X% share of total imports. Italy, the Netherlands, the UK and Poland lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average grinding machine import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price recorded a abrupt descent. Over the period under review, average import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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