Austria: Hydraulic Jack Market 2024

Hydraulic Jack Market Size in Austria

The Austrian hydraulic jack market fell to $X in 2023, dropping by X% against the previous year. In general, consumption, however, recorded strong growth. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Hydraulic Jack Production in Austria

In value terms, hydraulic jack production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

Hydraulic Jack Exports

Exports from Austria

In 2023, the amount of hydraulic jacks and hoists for raising vehicles exported from Austria fell notably to X units, reducing by X% against the previous year. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X units in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, hydraulic jack exports surged to $X in 2023. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Slovakia (X units), Germany (X units) and Poland (X units) were the main destinations of hydraulic jack exports from Austria, together comprising X% of total exports. Romania, Italy, Hungary, the Czech Republic, Greece, Kazakhstan, Croatia and Bulgaria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Poland ($X) constituted the largest markets for hydraulic jack exported from Austria worldwide, together accounting for X% of total exports. Italy, Kazakhstan, the Czech Republic, Hungary, Romania, Greece, Croatia and Bulgaria lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2023, the average hydraulic jack export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Jack Imports

Imports into Austria

In 2023, hydraulic jack imports into Austria fell markedly to X units, dropping by X% compared with 2022. Over the period under review, total imports indicated a noticeable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X units in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, hydraulic jack imports rose remarkably to $X in 2023. Overall, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Turkey (X units), China (X units) and Germany (X units) were the main suppliers of hydraulic jack imports to Austria, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of hydraulic jacks and hoists for raising vehicles to Austria, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

The average hydraulic jack import price stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform