Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Austria - 2023

Contents:

1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Austria (CIF) - 2023
2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Austria (FOB) - 2023
3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Austria
4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Austria

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Austria (CIF) - 2023

In December 2023, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $17.7 per unit, picking up by 115% against the previous month. Overall, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in February 2023 an increase of 126% month-to-month. Over the period under review, average import prices hit record highs at $24.3 per unit in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Poland ($28.7 per unit), while the price for Slovakia ($6.6 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Austria (FOB) - 2023

In December 2023, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $5.2 per unit, declining by -73.8% against the previous month. Overall, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in February 2023 when the average export price increased by 225% month-to-month. Over the period under review, the average export prices attained the maximum at $21.8 per unit in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the Netherlands ($25.5 per unit), while the average price for exports to Greece ($3.3 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Austria

In 2022, supplies from abroad of drawing, marking-out or mathematical calculating instrumentses increased by 27% to 948K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a perceptible contraction. Over the period under review, imports of hit record highs at 1.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $7.6M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Austria in 2022:

1. China (647.8K units)
2. Germany (260.5K units)
3. Poland (12.4K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Austria

In 2022, exports of drawing, marking-out or mathematical calculating instrumentses from Austria surged to 906K units, jumping by 35% against the previous year. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.6% against 2020 indices. Over the period under review, the exports of reached the maximum at 1M units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $5.2M in 2022. In general, exports, however, showed a pronounced reduction. The exports peaked at $7.1M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Austria in 2022:

1. Romania (131.7K units)
2. Hungary (120.8K units)
3. Poland (110.8K units)
4. Czech Republic (97.3K units)
5. Germany (88.1K units)
6. Greece (77.0K units)
7. Italy (60.2K units)
8. Bulgaria (52.3K units)
9. Croatia (42.1K units)
10. Slovakia (41.1K units)
11. Slovenia (30.5K units)

Source: IndexBox Market Intelligence Platform