The Austrian market for automotive parts and equipment has grown sporadically over the past few years, due largely to its unusual structure. Around half of the market is domestic OEM production and the other half is the aftermarket. While the aftermarket has grown slowly with the leveling off of new car sales since 2001, the OEM market has risen and fallen quite dramatically in response to domestic assembly operations and global demand.
The aftermarket in Austria was valued at $2.3 billion in 2004, the most recent figure, and it is unlikely to have grown significantly since then.
The OEM market in Austria grew strongly again in 2005, after excellent results in 2004. Auto and auto parts and systems production is the second largest industry in Austria, after machinery and steel construction, and it is the most important export industry in Austria. The two largest operations are Opel Austria Powertrain, which produces around 1 million power trains, 400,000 engines, and around 300,000 cylinder heads yearly, and a BMW facility that produces over 700,000 engines annually. Nearly 100 percent of this production is exported, primarily to the EU 25 countries.
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|
2004
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2005
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2006 (est.)
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|
Market Size
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5,306
|
6,040
|
6,644
|
|
Domestic Production
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3,964
|
4474
|
5,010
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Total Exports
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2,985
|
3,256
|
3,549
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|
Total Imports
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4,327
|
4,822
|
5,352
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|
Imports from the U.S.
|
433
|
614
|
736
|
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Imports from the E.U. 25
|
3,656
|
3,887
|
4,120
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