Austria: Tap And Valve Market 2024

Tap And Valve Market Size in Austria

The Austrian tap and valve market totaled $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated a perceptible increase 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Tap and valve consumption peaked in 2022 and is expected to retain growth in years to come.

Tap And Valve Production in Austria

In value terms, tap and valve production expanded to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Tap and valve production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Tap And Valve Exports

Exports from Austria

In 2022, after two years of growth, there was decline in shipments abroad of taps, cocks, valves and similar appliances, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, tap and valve exports fell to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Germany (X tons) was the main destination for tap and valve exports from Austria, with a X% share of total exports. Moreover, tap and valve exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), sevenfold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2022, 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 Czech Republic (X% per year) and Poland (X% per year).

In value terms, Germany ($X) remains the key foreign market for taps, cocks, valves and similar appliances exports from Austria, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by the Czech Republic, 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: China (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average tap and valve export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Lithuania ($X per ton) 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.

Tap And Valve Imports

Imports into Austria

In 2022, the amount of taps, cocks, valves and similar appliances imported into Austria expanded rapidly to X tons, rising by X% compared with the previous year's figure. Over the period under review, total imports indicated temperate growth 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 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, tap and valve imports dropped to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined modestly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of tap and valve to Austria, with a X% share of total imports. Moreover, tap and valve imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Poland (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, Germany ($X) constituted the largest supplier of taps, cocks, valves and similar appliances to Austria, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

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

Import Prices by Country

The average tap and valve import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 ($X per ton), while the price for Turkey ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform

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