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Austria - Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBoring Machinery Price in Austria - 2023
Contents:
- Boring Machinery Price in Austria (CIF) - 2022
- Boring Machinery Price in Austria (FOB) - 2022
- Boring Machinery Imports in Austria
- Boring Machinery Exports in Austria
Boring Machinery Price in Austria (CIF) - 2022
In 2022, the average boring machinery import price amounted to $51,044 per unit, dropping by -8.8% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, boring machinery import price decreased by -41.9% against 2018 indices. The growth pace was the most rapid in 2017 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the maximum at $87,924 per unit in 2018; however, from 2019 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 the United States ($217,078 per unit), while the price for Switzerland ($32,388 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Boring Machinery Price in Austria (FOB) - 2022
The average boring machinery export price stood at $41,249 per unit in 2022, falling by -50% against the previous year. Over the period under review, the export price saw a abrupt descent. The growth pace was the most rapid in 2014 an increase of 56% against the previous year. Over the period under review, the average export prices hit record highs at $87,802 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($65,891 per unit), while the average price for exports to Germany ($24,910 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 (+6.3%), while the prices for the other major destinations experienced a decline.
Boring Machinery Imports in Austria
Boring machinery imports into Austria skyrocketed to 73 units in 2022, increasing by 38% on the year before. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 83% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, boring machinery imports soared to $3.7M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 52% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
Import of Boring Machinery in Austria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 203 | 738 | 571 | 1,587 | 98.5% |
Germany | 953 | 1,947 | 848 | 774 | -6.7% |
China | 379 | 442 | 1,124 | 584 | 15.5% |
United States | 87.9 | 4.5 | 3.8 | 385 | 63.6% |
Sweden | 298 | 115 | 72.3 | 241 | -6.8% |
Others | 324 | 154 | 361 | 145 | -23.5% |
Total | 2,245 | 3,401 | 2,980 | 3,716 | 18.3% |
Top Suppliers of Boring Machinery to Austria in 2022:
- Switzerland (49.0 units)
- China (14.0 units)
- Germany (5.0 units)
- United States (2.0 units)
- Sweden (2.0 units)
Boring Machinery Exports in Austria
In 2022, overseas shipments of boring or sinking machinery were finally on the rise to reach 57 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a deep reduction. The exports peaked at 96 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, boring machinery exports contracted dramatically to $2.3M in 2022. In general, exports, however, continue to indicate a sharp reduction. The smallest decline of -4% was in 2021. Over the period under review, the exports reached the peak figure at $5.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Boring Machinery in Austria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 161 | 699 | 676 | 1,396 | 105.4% |
Norway | 11.2 | N/A | N/A | 215 | 167.8% |
United Kingdom | 1.6 | 3.1 | 4.3 | 176 | 379.1% |
Italy | 0.1 | 0.8 | 4.7 | 110 | 932.3% |
Croatia | 55.6 | 51.0 | 59.5 | 91.7 | 18.1% |
Germany | 3,702 | 861 | 261 | 85.5 | -71.5% |
Hungary | 15.3 | 32.1 | 35.7 | 45.0 | 43.3% |
China | 28.6 | 43.9 | 1,092 | N/A | 517.9% |
Netherlands | 476 | 2.5 | 1.9 | N/A | -93.7% |
Others | 1,023 | 1,212 | 654 | 217 | -40.4% |
Total | 5,474 | 2,906 | 2,789 | 2,337 | -24.7% |
Top Export Markets for Boring Machinery from Austria in 2022:
- Switzerland (36.0 units)
- United Kingdom (5.0 units)
- Italy (4.0 units)
- Norway (4.0 units)
- Germany (3.0 units)
- Hungary (1.0 units)
- Croatia (1.0 units)
This report provides an in-depth analysis of the boring machinery market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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