Austrian hoisting equipment market surges to $X in 2021, growing by X% year-on-year. Overall, total consumption has grown significantly from 2012 to 2021: its value has grown at an average annual rate of +X% over the past nine years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. Based on 2021 data, consumption is down -X% compared to the 2019 index. As a result, consumption reaches a peak level of X dollars. From 2015 to 2021, the growth of the market failed to regain momentum.
In value terms, 2021 hoisting equipment production is estimated at X USD at export prices. Overall, there was a serious setback in production. In 2014, the growth rate was the fastest, with an increase of X% year-on-year. As a result, production reached a peak level of X dollars. Production growth failed to regain momentum from 2015 to 2021.
In 2021, about X lifting equipment will be exported from Austria; -X% lower than the previous year. Overall, exports fell sharply. The most significant growth rate occurred in 2020, when exports increased by X%. During the period under review, exports reached a maximum of X units in 2012; however, from 2013 to 2021, exports were at a lower level.
In value terms, hoisting equipment exports contracted significantly to $X in 2021. Overall, exports fell sharply. The most significant growth rate occurred in 2020, when exports increased by X%. During the period under review, exports peaked at $X in 2012; however, from 2013 to 2021, exports were at lower levels.
Switzerland (X units), Germany (X units) and Italy (X units) are the main destinations for Austrian lifting equipment exports, accounting for X% of total exports. France, Spain, Canada and Chile are slightly behind and together constitute a further X growth from 2012 to 2021, with the largest increase in Canada (+X% CAGR), while the other leaders have seen their shipments grow faster more moderate.
Switzerland ($X), Germany ($X) and Italy ($X) are Austria's largest export markets for lifting equipment globally by value, accounting for X% of total exports. Chile, France, Spain and Canada are slightly behind and together account for a further X of the top destination countries, with France recording the highest growth in export value at +X% CAGR, in retrospect, while the other leaders’ exports The growth rate of shipments was more moderate.
Overseas purchases of lifting equipment in 2021 fell -X% to X units for the first time since 2017, ending a three-year upward trend. Overall, however, imports showed strong growth. The most significant growth rate occurred in 2019, when imports increased by X%. Imports peaked at X units in 2020 before falling significantly the following year.
Lifting equipment imports to rise rapidly to $X in 2021 in value terms. During the period under review, however, there was a marked increase in imports. The most significant growth rate occurred in 2019, when imports increased by X% over the previous year. As a result, imports peaked at X dollars. In 2020-2021, import growth momentum failed to recover.
In 2021, Germany (X units) is the largest supplier of lifting equipment in Austria, accounting for X% of total imports. In addition, the number of hoisting equipment imported from Germany was more than ten times higher than that recorded by the second largest supplier, Italy (X units). In third place is Slovenia (X units) with an X% share.
From 2012 to 2021, the average annual growth rate of sales in Germany is +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: Italy (-X% per annum) and Slovenia (-X% per annum).
Germany ($X) is the largest supplier of lifting equipment to Austria by value, accounting for X% of total imports. In second place is Italy ($X) with X% of total imports. It is followed by Slovenia with an X% share.
From 2012 to 2021, the average annual growth rate of values from Germany is +X%. The average annual growth rates of imports in the remaining supplier countries are as follows: Italy (-X% per annum) and Slovenia (+X% per annum).
Germany is Austria's largest supplier of lifting equipment by value, accounting for 86% of total imports. In second place was Italy, which accounted for 4.2% of total imports. It is followed by Slovenia with a share of 3.4%.
The biggest markets for Austrian hoisting equipment exports by value are Switzerland, Germany and Italy, which together account for 55% of total exports. This is followed by Chile, France, Spain and Canada, which together account for 29%.
The average export price of hoisting equipment in 2021 will be $4,701 per unit, an increase of 22% over the previous year.
The average import price of hoisting equipment in 2021 is $1,933 per unit, up 35% from the previous year.
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