Austria: Internal Combustion Engines Market Overview 2020

Internal Combustion Engines Market Size in Austria

The revenue of the internal combustion engines market in Austria amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, internal combustion engines consumption, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Internal combustion engines consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Internal Combustion Engines Production in Austria

In value terms, internal combustion engines production stood at $X in 2018 estimated in export prices. Overall, internal combustion engines production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Over the period under review, internal combustion engines production attained its peak figure level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Internal Combustion Engines Exports

Exports from Austria

Internal combustion engines exports from Austria amounted to X units in 2018, approximately equating the previous year. Over the period under review, internal combustion engines exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X units in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, internal combustion engines exports amounted to $X in 2018. Overall, internal combustion engines exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, internal combustion engines exports reached their maximum at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Germany (X units) was the main destination for internal combustion engines exports from Austria, accounting for a X% share of total exports. Moreover, internal combustion engines exports to Germany exceeded the volume sent to the second major destination, the U.S. (X units), fourfold. The UK (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and the UK (+X% per year).

In value terms, Germany ($X) remains the key foreign market for internal combustion engines exports from Austria, comprising X% of total internal combustion engines exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

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

Export Prices by Country

The average internal combustion engines export price stood at $X per unit in 2018, lowering by -X% against the previous year. In general, the internal combustion engines export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the UK ($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 a decline.

Internal Combustion Engines Imports

Imports into Austria

In 2018, approx. X units of motor vehicles compression-ignition internal combustion piston engines were imported into Austria; jumping by X% against the previous year. Over the period under review, internal combustion engines imports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, internal combustion engines imports attained their peak figure at X units in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, internal combustion engines imports amounted to $X in 2018. Over the period under review, internal combustion engines imports, however, continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, internal combustion engines imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Germany (X units) constituted the largest internal combustion engines supplier to Austria, accounting for a X% share of total imports. Moreover, internal combustion engines imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold.

From 2007 to 2018, the average annual growth rate of volume from Germany stood at -X%.

In value terms, Germany ($X) constituted the largest supplier of internal combustion engines to Austria, comprising X% of total internal combustion engines imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Germany amounted to -X%.

Import Prices by Country

In 2018, the average internal combustion engines import price amounted to $X per unit, going up by X% against the previous year. In general, the internal combustion engines import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. In that year, the average import prices for motor vehicles compression-ignition internal combustion piston engines reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the average import prices for motor vehicles compression-ignition internal combustion piston engines failed to regain its momentum.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per unit), while the price for Italy stood at $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy.

Source: IndexBox AI Platform