In 2021, the Austrian market for pulley tackle and hoists powered by an electric motor was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, recorded a abrupt setback. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
In value terms, production of pulley tackle and hoists powered by an electric motor stood at less than $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern.
In 2021, after two years of growth, overseas shipments of electric motor-driven pulley blocks and cranes fell sharply, when their numbers decreased by -X% to X units. There was a marked decline in exports during the reporting period. The pace of growth was most pronounced in 2020, with exports up X% over the previous year. In 2014, export volumes peaked at Unit X; however, from 2015 to 2021, exports failed to regain momentum.
In terms of value, in 2021, the export of electric pulley blocks and cranes has dropped significantly to X dollars. Overall, exports continued to shrink sharply. 2017 appears to have seen the fastest growth, with an increase of X% compared to the previous year. During the reporting period, exports peaked at USD X in 2014; however, exports failed to regain momentum from 2015 to 2021.
Italy (X units) is the main export destination for Austrian motor-driven pulley blocks and cranes, accounting for X% of total exports. In addition, the number of pulley blocks and electric hoists exported to Italy was more than three times that of the second largest destination Poland (Taiwan X). In third place is Switzerland (X units), with a share of X%.
From 2012 to 2021, Italy has an average annual growth rate of +X%. The average annual growth rate of exports to the other main destinations is as follows: Poland (+X% per year) and Switzerland (+X% per year).
In terms of value, Australia ($X), Italy ($X), and Russia ($X, respectively) are the largest markets for electric motor driven pulley blocks and cranes exported from Austria, together accounting for X% of total exports. Poland, UK, Slovenia , Norway, Switzerland, Slovakia, Ukraine and Bulgaria followed with +X% CAGR among the top destination countries, with the highest export value growth rate during the reporting period, while other leaders The growth rate of shipments is relatively slow.
In 2021, the number of motor-driven pulley blocks and hoists imported from Austria has dropped significantly to X units, a decrease of -X% compared to the previous year. Imports fell sharply during the reporting period. The most notable growth rate was in 2020, with imports increasing by X%. In 2012, imports peaked at X units; however, from 2013 to 2021, imports failed to regain momentum.
In terms of value, imports of pulley blocks and cranes powered by electric motors shrink to $X in 2021. Overall, imports fell sharply. The growth rate was most pronounced in 2017, with imports up X% over the previous year. In 2013, imports peaked at $X; however, from 2014 to 2021, imports decreased slightly.
In 2021, Germany (X units) is the largest supplier of electric pulley blocks and cranes to Austria, accounting for X% of total imports. In addition, the number of pulley blocks and electric hoists imported from Germany exceeded five times that of the second largest supplier Denmark (X Taiwan). China (X units) ranks third in total imports with a share of X%.
From 2012 to 2021, the average annual growth rate in Germany amounts to -X%. The average annual growth rates of imports for the remaining suppliers are as follows: Denmark (+X% per annum) and China (-X% per annum).
Germany ($X) is the largest supplier of pulley blocks and electric hoists to Austria by value, accounting for X% of total imports. In second place is Denmark (USD X), accounting for X% of total imports. It is followed by Switzerland with an X% share.
Between 2012 and 2021, the German value will grow at an average annual rate of -X%. The average annual growth rates of imports for the remaining supplying countries are as follows: Denmark (+X% per annum) and Switzerland (-X% per annum).
In value terms, Germany constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Austria, comprising 75% of total imports. The second position in the ranking was held by Denmark, with a 9.8% share of total imports. It was followed by Switzerland, with a 5.4% share.
In value terms, Australia, Italy and Russia were the largest markets for pulley tackle and hoists powered by an electric motor exported from Austria worldwide, with a combined 45% share of total exports. Poland, the UK, Slovenia, Norway, Switzerland, Slovakia, Ukraine and Bulgaria lagged somewhat behind, together accounting for a further 36%.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $24 per unit, reducing by -25.2% against the previous year.
The average import price for pulley tackle and hoists powered by an electric motor stood at $38 per unit in 2021, increasing by 67% against the previous year.
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