Austria: Smart Card Market 2024

Smart Card Market Size in Austria

The Austrian smart card market surged to $X in 2022, jumping by X% against the previous year. In general, consumption posted a strong increase. Smart card consumption peaked in 2022 and is expected to retain growth in the near future.

Smart Card Production in Austria

In value terms, smart card production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2012 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Smart Card Exports

Exports from Austria

In 2022, smart card exports from Austria soared to X units, increasing by X% on the previous year. In general, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, smart card exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X units) was the main destination for smart card exports from Austria, accounting for a X% share of total exports. Moreover, smart card exports to Slovakia exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the largest markets for smart card exported from Austria were Slovakia ($X), Germany ($X) and the United States ($X), together accounting for X% of total exports. France, Switzerland, Romania, Poland, Canada, Croatia, Greece and Italy lagged somewhat behind, together accounting for a further X%.

Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average smart card export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 a decrease of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Slovakia ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Smart Card Imports

Imports into Austria

In 2022, purchases abroad of cards incorporating an electronic integrated circuit (smart card) increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, smart card imports skyrocketed to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Thailand (X units) constituted the largest smart card supplier to Austria, accounting for a X% share of total imports. Moreover, smart card imports from Thailand exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, Germany ($X) constituted the largest supplier of cards incorporating an electronic integrated circuit (smart card) to Austria, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Romania (X% per year).

Import Prices by Country

In 2022, the average smart card import price amounted to $X per unit, declining by X% against the previous year. In general, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 a decrease of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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