From January to October 2021, the bilateral import and export volume of goods between China and Austria was US$11,265.61 million, an increase of US$3,125.5616 million compared with the same period in 2020, a year-on-year increase of 39%.
From January to October 2021, the total value of China's exports to Austria was US$ 4,318,471,900, an increase of US$ 1,551,774,900 compared with the same period in 2020, a year-on-year increase of 56.1%; the total value of China's imports from Austria was US$ 6,947,133,700, compared with 2020. During the same period, it increased by 1,573,786,700 US dollars, a year-on-year increase of 30.1%.
Austria is an economically developed country, and its per capita GDP ranks among the top in Europe. Austria has a well-developed service industry and has strong competitiveness in the fields of finance and tourism. Austria's industrial sector is technologically advanced, focuses on innovation, mainly faces the international market, and occupies a place in the international market with its unique technological advantages in special fields. Austria pays attention to environmental protection and vigorously develops green industries, making energy conservation, environmental protection, green energy, etc. new advantageous industries in Austria.
Although Dongqi Crane has been working hard to open up the crane market in Europe, it has not yet reached a crane cooperation project in Austria. However, judging from the trade data between the two countries, the two sides still have a very high room for growth, and we are still working hard to achieve sales. This article will predict the size trend of the Austrian crane market in 2022 by analyzing the import and export data of Austrian overhead cranes
Before we start discussing the aerial crane market in Austria, we have a few small questions that need to be answered first. Let’s take a look
The Austrian Overhead Crane Market is worth X dollars in 2020, up X% from the previous year. Overall, however, consumption continued to show a relatively flat trend pattern. The fastest growth rate in 2015, the market value increased by X% year-on-year. Overhead crane consumption peaked at $X in 2018; however, from 2019 to 2020, consumption was at a lower level.
In value terms, 2020 overhead crane production dropped significantly to $X (estimated at export prices). Overall, however, production continued to show a relatively flat trend pattern. The fastest growth in 2010, with an X% year-on-year increase in production. During the period under review, production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain momentum.
After two years of growth, overseas shipments of fixed-support overhead cranes fell -X% to X units in 2020. However, during the period under review, exports showed strong growth. The most significant growth rate occurred in 2010, with an X% year-on-year increase. During the period under review, exports peaked at X units in 2012; however, from 2013 to 2020, exports failed to regain momentum.
In value terms, 2020 overhead crane exports dropped significantly to $X. But overall, exports fell slightly. The most significant growth rate occurred in 2019, with a year-on-year increase of X%. During the period under review, exports hit an all-time high of $X in 2012; however, from 2013 to 2020, exports failed to regain momentum.
Germany (X units) is the main destination for Austrian bridge crane exports, accounting for X% of total exports. In addition, exports of overhead cranes to Germany are seven times higher than exports to Switzerland (X units), the second largest destination. The Czech Republic (X units) ranks third with X% of total exports. From 2007 to 2020, the average annual growth rate of freight traffic to Germany was +X%. Exports to other major destinations recorded the following average annual export growth rates: Switzerland (+X% per annum) and Czech Republic (+X% per annum).
Germany ($X) remains the leading foreign market for Austrian bridge crane exports in value terms, accounting for X% of total exports. In second place is Switzerland ($X) with X% of total exports. It is followed by the Czech Republic with an X% share. From 2007 to 2020, the average annual growth rate of the value to Germany reached +X%. Exports to other major destinations recorded the following average annual export growth rates: Switzerland (+X% per annum) and Czech Republic (-X% per annum).
In 2020, the number of fixed-support overhead cranes imported into Austria dropped significantly to X units, a -X% decrease compared to 2019. During the period under review, imports fell sharply. 2014 saw the fastest growth, with imports increasing by X% year-on-year. Imports peaked at X units in 2009; however, from 2010 to 2020, imports failed to regain momentum.
In 2020, bridge crane imports rapidly decreased to X dollars in value terms. Overall, imports fell sharply. In 2014, the growth rate was the fastest, with an increase of X% year-on-year. Imports peaked at $X in 2008; however, from 2009 to 2020, import figures were slightly lower.
Germany (X units), Slovenia (X units) and Italy (X units) are the main suppliers of Austrian bridge crane imports, together accounting for X% of total imports. From 2007 to 2020, among the major suppliers, Slovenia achieved the most significant growth rate in purchasing, while other leaders experienced more modest growth rates in imports.
By value, Austria's largest suppliers of overhead cranes are Germany ($X), Slovenia ($X) and Italy ($X), with X% of total imports. In terms of major supplier countries, Italy (+X% per annum) experienced the highest growth in import value during the period under review, while other leaders saw more modest growth in purchases.
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