Austria: Ship Propeller Market 2024

Ship Propeller Market Size in Austria

In 2022, the Austrian ship propeller market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption enjoyed significant growth. Ship propeller consumption peaked in 2022 and is likely to see gradual growth in the near future.

Ship Propeller Production in Austria

In value terms, ship propeller production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Ship Propeller Exports

Exports from Austria

In 2022, approx. X units of ships or boats propellers and blades therefor were exported from Austria; with an increase of X% compared with 2021. In general, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ship propeller exports skyrocketed to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Croatia (X units), Germany (X units) and Hungary (X units) were the main destinations of ship propeller exports from Austria, with a combined X% share of total exports.

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

In value terms, Croatia ($X) remains the key foreign market for ships or boats propellers and blades therefor exports from Austria, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Switzerland, with an X% share.

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

Export Prices by Country

In 2022, the average ship propeller export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price 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 pace of growth appeared the most rapid in 2013 an increase of X%. The export price peaked at $X per unit in 2015; however, from 2016 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 the United States ($X per unit), while the average price for exports to the Czech Republic ($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 Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ship Propeller Imports

Imports into Austria

In 2022, the amount of ships or boats propellers and blades therefor imported into Austria skyrocketed to X units, with an increase of X% on the year before. Overall, total imports indicated a remarkable 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 increased by X% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, ship propeller imports totaled $X in 2022. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Belgium (X units) constituted the largest supplier of ship propeller to Austria, accounting for a X% share of total imports. Moreover, ship propeller imports from Belgium exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. The third position in this ranking was held by China (X units), with a X% share.

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

In value terms, the largest ship propeller suppliers to Austria were Belgium ($X), the UK ($X) and Germany ($X), together accounting for X% of total imports.

In terms of the main suppliers, Belgium, 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 more modest paces of growth.

Import Prices by Country

The average ship propeller import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 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 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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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