Austria: Telephonic Switching Apparatus Market 2023

Telephonic Switching Apparatus Market Size in Austria

In 2021, the Austrian telephonic switching apparatus market decreased by -5.1% to $X, falling for the second year in a row after two years of growth. In general, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -7.9% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Telephonic Switching Apparatus Production in Austria

In value terms, telephonic switching apparatus production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 33%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Telephonic Switching Apparatus Exports

Exports from Austria

Telephonic switching apparatus exports from Austria soared to X tons in 2021, rising by 28% on the previous year. Over the period under review, exports showed a resilient expansion. The pace of growth was the most pronounced in 2020 when exports increased by 69%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, telephonic switching apparatus exports rose remarkably to $X in 2021. Overall, total exports indicated a prominent increase from 2013 to 2021: its value increased at an average annual rate of +6.0% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +62.7% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 46% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for telephonic switching apparatus exports from Austria, accounting for a 44% share of total exports. Moreover, telephonic switching apparatus exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fourfold. Switzerland (X tons) ranked third in terms of total exports with a 7.9% share.

From 2013 to 2021, the average annual growth rate of volume to Germany amounted to +31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+44.3% per year) and Switzerland (+25.8% per year).

In value terms, the largest markets for telephonic switching apparatus exported from Austria were Slovakia ($X), Germany ($X) and the United States ($X), with a combined 51% share of total exports.

Among the main countries of destination, Slovakia, with a CAGR of +73.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average telephonic switching apparatus export price amounted to $X per ton, which is down by -13% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.

Telephonic Switching Apparatus Imports

Imports into Austria

Telephonic switching apparatus imports into Austria expanded significantly to X tons in 2021, growing by 8.3% against the previous year's figure. In general, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +106.0% against 2013 indices. The growth pace was the most rapid in 2018 with an increase of 22%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, telephonic switching apparatus imports expanded remarkably to $X in 2021. Over the period under review, imports posted strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 22%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of telephonic switching apparatus to Austria, with a 40% share of total imports. Moreover, telephonic switching apparatus imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.9% per year) and the Netherlands (+8.3% per year).

In value terms, Germany ($X) constituted the largest supplier of telephonic switching apparatus to Austria, comprising 34% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Vietnam, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.3% per year) and Vietnam (+135.6% per year).

Import Prices by Country

The average telephonic switching apparatus import price stood at $X per ton in 2021, growing by 3.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +7.7%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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