Austria: Cored Arc-Welding Wire Market 2025

Cored Arc-Welding Wire Market Size in Austria

The Austrian cored arc-welding wire market declined dramatically to $X in 2021, with a decrease of -38% against the previous year. Overall, consumption recorded a mild curtailment. Cored arc-welding wire consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Cored Arc-Welding Wire Production in Austria

In value terms, cored arc-welding wire production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 38%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Cored Arc-Welding Wire Exports

Exports from Austria

In 2021, shipments abroad of cored arc-welding wire increased by 32% to X tons, rising for the fourth year in a row after two years of decline. In general, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cored arc-welding wire exports soared to $X in 2021. The total export value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for cored arc-welding wire exports from Austria, with a 36% share of total exports. Moreover, cored arc-welding wire exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), threefold. China (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +42.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.3% per year) and China (+11.6% per year).

In value terms, Germany ($X), Italy ($X) and China ($X) appeared to be the largest markets for cored arc-welding wire exported from Austria worldwide, with a combined 50% share of total exports. These countries were followed by Poland, Canada, Slovakia, the United States, Brazil, Russia, Spain, Nigeria, Bosnia and Herzegovina and Sweden, which together accounted for a further 30%.

Nigeria, with a CAGR of +103.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cored arc-welding wire export price stood at $X per ton in 2021, increasing by 1.6% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Cored Arc-Welding Wire Imports

Imports into Austria

In 2021, purchases abroad of cored arc-welding wire was finally on the rise to reach X tons for the first time since 2013, thus ending a seven-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 28% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cored arc-welding wire imports soared to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of cored arc-welding wire imports to Austria, with a combined 84% share of total imports. These countries were followed by the Netherlands, France, China, Ireland and South Korea, which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +53.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the largest cored arc-welding wire suppliers to Austria, with a combined 79% share of total imports. These countries were followed by the Netherlands, the Czech Republic, China, Ireland and South Korea, which together accounted for a further 18%.

In terms of the main suppliers, China, with a CAGR of +51.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cored arc-welding wire import price amounted to $X per ton, picking up by 14% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 22%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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