Austria: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Austria

In 2021, the Austrian stone sawing machine market increased by 6.9% to $X, rising for the second year in a row after two years of decline. Overall, consumption enjoyed a notable increase. Stone sawing machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Stone Sawing Machine Production in Austria

In value terms, stone sawing machine production soared to $X in 2021 estimated in export price. In general, production, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 155%. Stone sawing machine production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Stone Sawing Machine Exports

Exports from Austria

In 2021, approx. X units of sawing machines for working stone, ceramics and concrete were exported from Austria; reducing by -42.7% compared with the previous year's figure. In general, exports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2020 when exports increased by 60% against the previous year. As a result, the exports reached the peak of X units, and then declined significantly in the following year.

In value terms, stone sawing machine exports reduced to $X in 2021. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 215% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then shrank in the following year.

Exports by Country

Germany (X units) was the main destination for stone sawing machine exports from Austria, accounting for a 31% share of total exports. Moreover, stone sawing machine exports to Germany exceeded the volume sent to the second major destination, Liechtenstein (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liechtenstein (-90.6% per year) and the United States (+18.8% per year).

In value terms, Germany ($X), the United States ($X) and France ($X) were the largest markets for stone sawing machine exported from Austria worldwide, with a combined 54% share of total exports. These countries were followed by Liechtenstein, Switzerland, Russia, Italy, the UK, Japan, Poland, the Czech Republic, Hungary and Serbia, which together accounted for a further 33%.

Hungary, with a CAGR of +44.4%, recorded the highest growth rate of the value of exports, among 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

The average stone sawing machine export price stood at $X per unit in 2021, with an increase of 59% against the previous year. Overall, the export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 113%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Serbia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Liechtenstein (+72.8%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into Austria

After two years of growth, supplies from abroad of sawing machines for working stone, ceramics and concrete decreased by -11.2% to X units in 2021. In general, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, stone sawing machine imports fell rapidly to $X in 2021. Overall, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 132%. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

Germany (X units), China (X units) and Switzerland (X units) were the main suppliers of stone sawing machine imports to Austria, with a combined 88% share of total imports. Italy, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further 8.4%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +36.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Austria, comprising 44% of total imports. The second position in the ranking was held by Switzerland ($X), with a 17% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+13.1% per year) and China (+2.2% per year).

Import Prices by Country

The average stone sawing machine import price stood at $X per unit in 2021, falling by -38.6% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 an increase of 40% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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