Wood and hard materials machining centres market in Austria

Earlier Report Observations

The Austrian market for wood and hard materials machining centres saw significant expansion from 2019 to 2022, with volume growing from 6 409 units to 10 811 units. In value terms, the market surged from 38.5 million $ to 110.5 million $ over this period, driven by increased domestic production and higher imports.

Market volume contracted to 9 341 units in 2023 and further to 7 148 units in 2024. During these years, the Austrian timber industry experienced intensive wood production phases and sustained high demand for sawn timber, which supports the need for processing machinery. Established Austrian timber trade usances provided contractual stability, while ongoing logistics constraints affected material flows.

Production wood and hard materials machining centres in Austria

In value, 2017-2020, M $ US

In 2020, Austria's production of wood and hard materials machining centres was valued at 99.0 million US dollars, marking a significant decline of 13.9% compared to 2019. Over the period from 2017 to 2020, production decreased by 9%, with a compound annual growth rate of -3.1%.

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

In kind, 2017-2020, unit

In 2020, Austria produced 7,247 units of wood and hard materials machining centres, showing only minor fluctuations compared to 2019. From 2017 to 2020, production decreased by 5.3%, with a compound annual growth rate of -1.8%.

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

Exports wood and hard materials machining centres from Austria

Exports in kind, unit

The market exhibited volatility during these years. Exports reached their lowest point in 2017 and peaked in 2019, with a 2.3-fold difference between these extremes. In 2020, Austria exported 715.0 units of wood and hard materials machining centres, representing a decline of 24.3% from the previous year. The maximum value was recorded in 2019 at 945.0 units, while the largest increase occurred in 2018 with a growth of 78.1%.

Annual dynamics of product's exports from Austria in kind, 2017-2020, unit

From 2017 to 2020, Austria's exports in kind were highly diversified geographically. Germany accounted for 33.0% of exports in kind, Italy for 8.1%, and France for 8.1%, with these three countries together making up 49.3% of total flows. The remaining 50.7% was distributed among numerous smaller markets.

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

The market displayed an unstable trend throughout this period. Exports hit their lowest point in 2017 and peaked in 2019, varying by 2.4 times between these years. In 2020, Austria's exports of wood and hard materials machining centres amounted to 63,209 thousand US dollars, down by 23.0% from the previous year. The maximum value was recorded in 2019 at 82,070 thousand US dollars, while the largest increase occurred in 2018 with a growth of 117.3%.

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

Between 2017 and 2020, Austria's exports in value terms of wood and hard materials machining centres relied on a broad range of partner countries. Germany accounted for 33.1% of exports in value terms, France for 8.2%, and Italy for 8.0%, with these three countries together representing 49.3% of total 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 wood and hard materials machining centres to Austria

Imports in kind, unit

The market showed signs of volatility over the observed period. Import volumes reached their lowest level in 2019 and peaked in 2017, with a top-to-bottom ratio of 2.9 times. In 2020, Austria imported 154.0 units of wood and hard materials machining centres, up by 83.3% year-over-year. The minimum value was recorded in 2019 at 84.0 units, while the largest decline occurred in 2018 with a drop of 49.4%.

Annual dynamics of product's imports to Austria in kind, 2017-2020, unit

From 2017 to 2020, Germany, Italy, and Bulgaria were the main sources in Austria's imports in kind of wood and hard materials machining centres. Germany accounted for 56.3% of imports in kind, Italy for 14.6%, and Bulgaria for 5.6%, with these three countries together making up 76.6% of total 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

The market demonstrated volatility during this timeframe. Imports bottomed in 2019 and peaked in 2017, differing by 2.9 times. In 2020, Austria's import volume of wood and hard materials machining centres stood at 9,676 thousand US dollars, up by 70.3% compared to the previous year. The minimum value was recorded in 2019 at 5,682 thousand US dollars, while the largest decline occurred in 2019 with a drop of 45.2%.

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

Throughout 2017 to 2020, Germany, Italy, and Spain played leading roles in Austria's imports in value terms of wood and hard materials machining centres. Germany accounted for 55.0% of imports in value terms, Italy for 14.4%, and Spain for 6.0%, with these three countries jointly taking 75.4% of total flows.

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

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