Austria - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights

Austria: Microwave Oven Market Overview 2020

Microwave Oven Market Size in Austria

The revenue of the microwave oven market in Austria amounted to $X in 2018, reducing by -X% against the previous year. Overall, microwave oven consumption continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the microwave oven market reached its maximum level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Microwave Oven Production in Austria

In value terms, microwave oven production stood at $X in 2018 estimated in export prices. Overall, microwave oven production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Over the period under review, microwave oven production reached its maximum level at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Microwave Oven Exports

Exports from Austria

In 2018, the amount of microwave ovens exported from Austria stood at X units, increasing by X% against the previous year. Over the period under review, microwave oven exports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Exports peaked at X units in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, microwave oven exports amounted to $X in 2018. Overall, microwave oven exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, microwave oven exports reached their maximum at $X in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

Exports by Country

Italy (X units), Germany (X units) and Greece (X units) were the main destinations of microwave oven exports from Austria, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Italy, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for microwave oven exports from Austria, comprising X% of total microwave oven exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Greece (+X% per year).

Export Prices by Country

In 2018, the average microwave oven export price amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the microwave oven export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per unit), while the average price for exports to Italy ($X per unit) 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 more modest paces of growth.

Microwave Oven Imports

Imports into Austria

In 2018, approx. X units of microwave ovens were imported into Austria; coming down by -X% against the previous year. Over the period under review, microwave oven imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, microwave oven imports attained their peak figure at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, microwave oven imports totaled $X in 2018. In general, microwave oven imports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, microwave oven imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

China (X units), Germany (X units) and the UK (X units) were the main suppliers of microwave oven imports to Austria, with a combined X% share of total imports. These countries were followed by Slovakia, Italy and Poland, 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 Slovakia, while the other leaders experienced more modest paces of growth.

In value terms, the largest microwave oven suppliers to Austria were Germany ($X), China ($X) and the UK ($X), with a combined X% share of total imports.

The UK recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2018, the average microwave oven import price amounted to $X per unit, waning by -X% against the previous year. Overall, the microwave oven import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the average import prices for microwave ovens attained their peak figure at $X per unit in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform