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Austria - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustria: Electric Rotary Converter Market 2024
Electric Rotary Converter Market Size in Austria
The Austrian electric rotary converter market surged to $X in 2021, rising by 88% against the previous year. Over the period under review, consumption recorded strong growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Electric Rotary Converter Production in Austria
In value terms, electric rotary converter production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.
Electric Rotary Converter Exports
Exports from Austria
Electric rotary converter exports from Austria dropped remarkably to X units in 2021, waning by -29.2% against the previous year's figure. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 162% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, electric rotary converter exports contracted rapidly to $X in 2021. Over the period under review, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2019 with an increase of 130%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Norway (X units) was the main destination for electric rotary converter exports from Austria, accounting for a 45% share of total exports. Moreover, electric rotary converter exports to Norway exceeded the volume sent to the second major destination, the UK (X units), twofold. Indonesia (X units) ranked third in terms of total exports with a 15% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+75.1% per year) and Indonesia (+93.0% per year).
In value terms, the UK ($X) remains the key foreign market for electric rotary converters exports from Austria, comprising 58% of total exports. The second position in the ranking was taken by Norway ($X), with a 15% share of total exports. It was followed by Indonesia, with a 6.5% share.
From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to +140.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+5.9% per year) and Indonesia (+87.6% per year).
Export Prices by Country
The average electric rotary converter export price stood at $X per unit in 2021, with an increase of 9.1% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 172% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Rotary Converter Imports
Imports into Austria
In 2021, the amount of electric rotary converters imported into Austria was estimated at X units, almost unchanged from 2020. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 44%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, electric rotary converter imports declined modestly to $X in 2021. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 105% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Germany (X units) constituted the largest supplier of electric rotary converter to Austria, with a 80% share of total imports. Moreover, electric rotary converter imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold.
From 2012 to 2021, the average annual growth rate of volume from Germany totaled -15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.0% per year) and the Netherlands (+9.0% per year).
In value terms, Germany ($X) constituted the largest supplier of electric rotary converters to Austria, comprising 96% of total imports. The second position in the ranking was held by China ($X), with a 0.8% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+22.4% per year) and the Netherlands (+47.9% per year).
Import Prices by Country
The average electric rotary converter import price stood at $X per unit in 2021, dropping by -2.4% against the previous year. In general, the import price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2017 an increase of 43% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electric rotary converter 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 27113270 - Rotary converters
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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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