Price for Navigational Instruments and Appliances; Parts and Accessories in Austria - 2023

Contents:

1. Price for Navigational Instruments and Appliances; Parts and Accessories in Austria (CIF) - 2022
2. Price for Navigational Instruments and Appliances; Parts and Accessories in Austria (FOB) - 2023
3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Austria
4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Austria

Price for Navigational Instruments and Appliances; Parts and Accessories in Austria (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $479,685 per ton in 2022, surging by 6.6% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 52%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($965,720 per ton), while the price for Taiwan (Chinese) ($58,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Austria (FOB) - 2023

In December 2023, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $1.1M per ton, picking up by 21% against the previous month. In general, the export price, however, continues to indicate a mild setback. The pace of growth appeared the most rapid in May 2023 an increase of 71% m-o-m. As a result, the export price reached the peak level of $1,688 per kg; afterwards, it flattened through to December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($2.9M per ton), while the average price for exports to the UK ($218K per ton) 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 Belgium (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Austria

For the third year in a row, Austria recorded decline in purchases abroad of navigational instruments and appliances; parts and accessorieses, which decreased by -24.1% to 2.9 tons in 2022. In general, imports showed a drastic downturn. The smallest decline of -8.8% was in 2021.

In value terms, imports of navigational instruments and appliances; parts and accessorieses dropped remarkably to $1.4M in 2022. Over the period under review, imports faced a deep slump. The smallest decline of -10% was in 2020.

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Austria in 2022:

1. Germany (965.0 kg)
2. Netherlands (943.0 kg)
3. Canada (316.0 kg)
4. United States (271.0 kg)
5. Denmark (222.0 kg)
6. China (67.0 kg)
7. Switzerland (52.0 kg)
8. United Kingdom (1.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Austria

After two years of decline, shipments abroad of navigational instruments and appliances; parts and accessorieses increased by 101% to 885 kg in 2022. In general, exports, however, saw a deep setback.

In value terms, exports of navigational instruments and appliances; parts and accessorieses rose slightly to $686K in 2022. Over the period under review, exports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 85% against the previous year.

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Austria in 2022:

1. Germany (277.0 kg)
2. France (73.0 kg)
3. Slovenia (54.0 kg)
4. China (53.0 kg)
5. Romania (45.0 kg)
6. Spain (45.0 kg)
7. Netherlands (43.0 kg)
8. Denmark (43.0 kg)
9. Czech Republic (39.0 kg)
10. Italy (34.0 kg)
11. Sweden (32.0 kg)
12. Vietnam (30.0 kg)
13. United States (26.0 kg)

Source: IndexBox Market Intelligence Platform