Escalator Market Overview in Austria
Market Overview
The Austrian escalator market shrank to $
in 2019, with a decrease of -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the market value increased by
% against the previous year. Escalator consumption peaked at $
in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.
In value terms, escalator production shrank to $
in 2019 estimated in export prices. Over the period under review, production saw a abrupt shrinkage. The growth pace was the most rapid in 2010 when the production volume increased by
% against the previous year. Over the period under review, production attained the peak level at $
in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.




In value terms, escalator production shrank to $



Consumption
In 2019, escalator consumption in Austria reduced to
units, dropping by -
% against 2018 figures. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of
% year-to-year. Over the period under review, consumption attained the peak volume at
units in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.
The revenue of the escalator market in Austria reduced to $
in 2019, waning by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of
% y-o-y. Over the period under review, the market attained the peak level at $
in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.




The revenue of the escalator market in Austria reduced to $




Market Forecast
Depressed by shrinking demand for escalator in Austria, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -
% for the period from 2019 to
, which is projected to depress the market volume to
units by the end of
.




Market Structure
Over the period under review, the share of imports in terms of total escalator consumption in Austria was relatively small in physical terms, fluctuating under an
% figure. In value terms the share of imports also stood at a low figure, which means that the Austria escalator market is largely supplied by domestic manufacturers.

Trade Balance
This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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