Report Update: Apr 1, 2024

Austria - Machine Tools For Working Metal Without Removing Metal - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Machine Tool for Metal in Austria - 2023

Price for Machine Tool for Metal in Austria (CIF) - 2023

The average machine tool for metal import price stood at $894 per unit in June 2023, which is down by -35.7% against the previous month. Over the period under review, the import price saw a noticeable reduction. The pace of growth was the most pronounced in September 2022 an increase of 220% against the previous month. As a result, import price reached the peak level of $2,642 per unit. From October 2022 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1,206 per unit), while the price for China totaled $303 per unit.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced a decline.

Price for Machine Tool for Metal in Austria (FOB) - 2022

The average machine tool for metal export price stood at $1,097 per unit in 2022, which is down by -10.9% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, machine tool for metal export price increased by +33.2% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 48% against the previous year. Over the period under review, the average export prices reached the maximum at $1,347 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($5,466 per unit), while the average price for exports to Bosnia and Herzegovina ($238 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 South Korea (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine Tool for Metal in Austria

In 2022, overseas purchases of machine tools for working metal without removing metal decreased by -18.9% to 6.4K units, falling for the second year in a row after two years of growth. In general, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 261% against the previous year. As a result, imports reached the peak of 46K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, machine tool for metal imports expanded significantly to $9.6M in 2022. Overall, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 200% against the previous year. As a result, imports reached the peak of $23M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Machine Tool for Metal in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	5.5	5.6	6.3	7.9	12.8%
Switzerland	0.5	0.5	0.5	0.6	6.3%
China	0.7	0.9	0.3	0.5	-10.6%
Turkey	N/A	N/A	N/A	0.1	0%
Italy	0.2	15.6	0.2	0.1	-20.6%
Others	0.9	0.4	1.3	0.2	-39.4%
Total	7.7	22.9	8.6	9.6	7.6%

Top Suppliers of Machine Tool for Metal to Austria in 2022:

Germany (3.9K units)
China (2.0K units)
Switzerland (0.2K units)
Turkey (0.1K units)
Italy (0.1K units)

Exports of Machine Tool for Metal in Austria

For the fourth year in a row, Austria recorded growth in shipments abroad of machine tools for working metal without removing metal, which increased by 46% to 6K units in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, machine tool for metal exports skyrocketed to $6.6M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 71% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Machine Tool for Metal in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	530	324	228	1,513	41.9%
Italy	7.7	109	8.2	1,224	441.7%
China	8.3	953	995	1,163	419.4%
Japan	N/A	N/A	0.2	553	276400.0%
Slovakia	0.4	1.1	N/A	475	959.0%
Turkey	26.4	N/A	352	440	155.4%
Russia	0.2	76.9	N/A	342	1095.8%
Bosnia and Herzegovina	52.5	85.8	284	32.4	-14.9%
Serbia	243	486	743	15.8	-59.8%
India	N/A	N/A	363	N/A	0%
Others	1,095	959	2,136	867	-7.5%
Total	1,963	2,996	5,109	6,627	50.0%

Top Export Markets for Machine Tool for Metal from Austria in 2022:

Germany (1869.0 units)
Slovakia (1329.0 units)
Italy (744.0 units)
China (363.0 units)
Russia (309.0 units)
Turkey (290.0 units)
Japan (285.0 units)
Bosnia and Herzegovina (136.0 units)
Serbia (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine tool for metal 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 28413470 - Riveting machines, swaging machines and spinning lathes for working metal, machines for manufacturing flexible tubes of spiral metal strip and electro-magnetic pulse metal forming machines, and other machine tools for working metal without removing metal

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023