Clutches and shaft couplings market in Austria

Earlier Report Observations

From 2018 to 2020, the Austrian market for clutches and shaft couplings underwent a substantial downturn. Market volume contracted from 14 305 t to 10 683 t, while the market value fell from 193.6 million USD to 145.1 million USD. Domestic production mirrored this trend, declining from 14 672 t to 10 689 t in volume and from 214.3 million USD to 160.7 million USD in value.

Trade flows for these components showed fluctuations throughout the 2018-2024 period. Imports peaked in 2021 at 2 098 t (50.3 million USD) before easing to 1 674 t (46.4 million USD) by 2024. Exports demonstrated a gradual decline in volume from 2 072 t in 2018 to 1 313 t in 2024, while their value remained between 57.1 million USD and 68.7 million USD, indicating a shift toward higher-value units.

Production clutches and shaft couplings in Austria

In value, 2017-2020, M $ US

Austria's production of clutches and shaft couplings has declined for the second year in a row. In 2020, output was valued at 160.7 million US dollars, marking a 13.7% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 15.4%, which translates to an average annual decline of 5.4%. The highest production value was recorded in 2018 at 214.3 million US dollars, with the largest year-on-year increase of 12.7% also occurring that year.

Annual dynamics of production in Austria in value, 2017-2020, M $ US

In kind, 2017-2020, t

Austria's production of clutches and shaft couplings has declined for the second consecutive year. In 2020, the country produced 10 689 tonnes, reflecting a significant 21.2% drop compared to the previous year. Over the 2017-2020 period, production decreased by 23%, with an average annual decline of 8.4%. The peak was in 2018, with 14 672 tonnes produced, and the largest increase of 5.7% also occurred that year.

Annual dynamics of production in Austria in kind, 2017-2020, t

Exports clutches and shaft couplings from Austria

Exports in kind, t

Austria's exports of clutches and shaft couplings have fallen for the second year in a row. In 2020, export volume totalled 1 682 tonnes, a 5.0% decrease from the previous year. However, over the 2017-2020 period, exports actually increased by 11.9%, averaging 3.8% growth per year. The highest export volume was in 2018 at 2 072 tonnes, with the largest increase of 37.9% recorded that year. The biggest decline occurred in 2019, with a 14.6% drop.

Annual dynamics of product's exports from Austria in kind, 2017-2020, t

From 2017 to 2020, Denmark, Germany, and the United States were the main markets for Austria's exports of clutches and shaft couplings in volume terms. Denmark accounted for 20.6% of exports, Germany for 16.4%, and the United States for 14.2%. Together, these three countries represented 51.3% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Austria in kind, 2017-2020

Exports in value, K $ US

Austria's exports of clutches and shaft couplings have declined for the second consecutive year. In 2020, exports stood at 57.261 million US dollars, a 4.3% decrease from the previous year. Despite this recent drop, exports increased by 9.9% over the 2017-2020 period, averaging 3.2% growth per year. The highest value was recorded in 2018 at 66.773 million US dollars, with the largest increase of 28.1% that year. The biggest decline occurred in 2019, with a 10.4% decrease.

Annual dynamics of product's exports from Austria in value, 2017-2020, K $ US

From 2017 to 2020, Denmark, Germany, and the United States were the largest contributors to Austria's export value for clutches and shaft couplings. Denmark accounted for 23.2% of exports in value terms, Germany for 21.7%, and the United States for 10.6%. Combined, these three countries made up 55.4% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Austria in value, 2017-2020

Imports clutches and shaft couplings to Austria

Imports in kind, t

After rising for two years, Austria's imports of clutches and shaft couplings declined in 2020. Import volume registered 1 675 tonnes, an 11.2% decrease from the previous year. The highest import volume was recorded in 2019 at 1 886 tonnes, with the largest increase of 10.6% also occurring that year.

Annual dynamics of product's imports to Austria in kind, 2017-2020, t

From 2017 to 2020, Germany, Italy, and Switzerland were the main sources for Austria's imports of clutches and shaft couplings in volume terms. Germany accounted for 61.9% of imports, Italy for 16.8%, and Switzerland for 5.5%. Together, these three countries represented 84.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Austria in kind, 2017-2020

Imports in value, K $ US

Austria's imports of clutches and shaft couplings have declined for the third consecutive year. In 2020, import volume totalled 41.611 million US dollars, an 8.7% decrease from the previous year. Over the 2017-2020 period, imports decreased by 10.6%, with an average annual decline of 3.7%.

Annual dynamics of product's imports to Austria in value, 2017-2020, K $ US

Throughout 2017 to 2020, Germany, Switzerland, and Italy remained the key partners for Austria's imports of clutches and shaft couplings in value terms. Germany accounted for 57.8% of imports, Switzerland for 13.4%, and Italy for 11.0%. Together, these three countries made up 82.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Austria in value, 2017-2020