Austria: Non-Domestic Dryer Market 2024

Non-Domestic Dryer Market Size in Austria

The Austrian non-domestic dryer market shrank to $X.4B in 2022, which is down by X% against the previous year. Overall, consumption, however, posted a temperate increase. Non-domestic dryer consumption peaked at $X.4B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Non-Domestic Dryer Production in Austria

In value terms, non-domestic dryer production shrank to $X.4B in 2022 estimated in export price. Over the period under review, production, however, enjoyed a notable expansion. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Non-domestic dryer production peaked at $X.5B in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Non-Domestic Dryer Exports

Exports from Austria

After three years of growth, shipments abroad of non-domestic dryers decreased by X% to X units in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-domestic dryer exports shrank dramatically to $X in 2022. In general, exports, however, continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), the United States (X units) and Italy (X units) were the main destinations of non-domestic dryer exports from Austria, with a combined X% share of total exports. Turkey, Sweden, Hong Kong SAR, Hungary, Switzerland, Egypt, China, Mexico, Norway and France lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X) remains the key foreign market for non-domestic dryers exports from Austria, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

Export Prices by Country

The average non-domestic dryer export price stood at $X per unit in 2022, growing 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 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Egypt ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dryer Imports

Imports into Austria

In 2022, overseas purchases of non-domestic dryers decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, total imports indicated a mild increase from 2012 to 2022: its volume 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-domestic dryer imports reduced markedly to $X in 2022. In general, total imports indicated a notable 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. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then declined dramatically in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest non-domestic dryer supplier to Austria, accounting for a X% share of total imports. Moreover, non-domestic dryer imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), sevenfold. Belgium (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) constituted the largest supplier of non-domestic dryers to Austria, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Belgium (X% per year).

Import Prices by Country

The average non-domestic dryer import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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