Austria: Non-Electric Industrial Furnace Market 2024

Non-Electric Industrial Furnace Market Size in Austria

The Austrian non-electric industrial furnace market expanded rapidly to $X in 2022, surging by X% against the previous year. Overall, consumption enjoyed buoyant growth. Non-electric industrial furnace consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Non-Electric Industrial Furnace Production in Austria

In value terms, non-electric industrial furnace production reached $X in 2022 estimated in export price. In general, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Non-electric industrial furnace production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Electric Industrial Furnace Exports

Exports from Austria

Non-electric industrial furnace exports from Austria surged to X units in 2022, increasing by X% against the previous year. Overall, exports enjoyed a resilient increase. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric industrial furnace exports soared to $X in 2022. Over the period under review, exports recorded a prominent expansion. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for non-electric industrial furnace exports from Austria, with a X% share of total exports. Moreover, non-electric industrial furnace exports to Germany exceeded the volume sent to the second major destination, Brazil (X units), more than tenfold. Russia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Russia (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Austria, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Brazil (X% per year).

Export Prices by Country

The average non-electric industrial furnace export price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average 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 Russia ($X per unit), while the average price for exports to Brazil ($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 Russia (X%), while the prices for the other major destinations experienced a decline.

Non-Electric Industrial Furnace Imports

Imports into Austria

Non-electric industrial furnace imports into Austria surged to X units in 2022, jumping by X% compared with 2021. In general, imports saw a strong increase. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, non-electric industrial furnace imports soared to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of non-electric industrial furnace imports to Austria, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest non-electric industrial furnace suppliers to Austria were Italy ($X), the Czech Republic ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main suppliers, the Czech Republic, 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 mixed trend patterns.

Import Prices by Country

The average non-electric industrial furnace import price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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