Austria: Market for Base Metal Flexible Tubing, Iron Or Steel 2025

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Austria

In 2021, the Austrian base metal flexible tubing market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded a buoyant expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Base Metal Flexible Tubing, Iron Or Steel in Austria

In value terms, base metal flexible tubing production skyrocketed to $X in 2021 estimated in export price. In general, production saw a strong expansion. The growth pace was the most rapid in 2014 with an increase of 152%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports from Austria

Base metal flexible tubing exports from Austria reduced modestly to X tons in 2021, which is down by -2.9% on the previous year. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 19% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, base metal flexible tubing exports declined slightly to $X in 2021. Over the period under review, exports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2014 with an increase of 9.7%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Poland (X tons), Germany (X tons) and Switzerland (X tons) were the main destinations of base metal flexible tubing exports from Austria, together accounting for 71% of total exports. These countries were followed by Denmark, the Czech Republic, Hungary, China, Slovenia, the Netherlands and Serbia, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +79.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and Poland ($X) constituted the largest markets for base metal flexible tubing exported from Austria worldwide, with a combined 60% share of total exports. China, Hungary, Denmark, Slovenia, the Czech Republic, the Netherlands and Serbia lagged somewhat behind, together comprising a further 20%.

The Netherlands, with a CAGR of +81.7%, 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 base metal flexible tubing export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2014 an increase of 51%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Poland ($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 Serbia (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports into Austria

In 2021, purchases abroad of base metal flexible tubing, iron or steel increased by 11% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2016 with an increase of 35% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, base metal flexible tubing imports expanded significantly to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 41% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest base metal flexible tubing supplier to Austria, with a 62% share of total imports. Moreover, base metal flexible tubing imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold. The third position in this ranking was taken by Italy (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-16.1% per year) and Italy (+16.5% per year).

In value terms, Germany ($X) constituted the largest supplier of base metal flexible tubing, iron or steel to Austria, comprising 64% of total imports. The second position in the ranking was held by Denmark ($X), with a 14% share of total imports. It was followed by Italy, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+14.1% per year) and Italy (+20.6% per year).

Import Prices by Country

In 2021, the average base metal flexible tubing import price amounted to $X per ton, increasing by 3.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 33%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for Turkey ($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 (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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