Austria: Base Metal Padlock Market 2025

Base Metal Padlock Market Size in Austria

In 2022, the Austrian base metal padlock market increased by 9.7% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Base metal padlock consumption peaked in 2022 and is expected to retain growth in years to come.

Base Metal Padlock Production in Austria

In value terms, base metal padlock production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by 1% against the previous year. Base metal padlock production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Base Metal Padlock Exports

Exports from Austria

Base metal padlock exports from Austria shrank to X tons in 2022, falling by -12.6% against the previous year. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 54%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, base metal padlock exports contracted dramatically to $X in 2022. Over the period under review, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons), Poland (X tons) and Romania (X tons) were the main destinations of base metal padlock exports from Austria, together comprising 46% of total exports. Hungary, the Czech Republic, Greece, Slovakia, Slovenia, Bulgaria, Croatia, Italy, Bosnia and Herzegovina and Luxembourg lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +77.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for base metal padlocks exports from Austria, comprising 33% of total exports. The second position in the ranking was taken by Poland ($X), with an 11% share of total exports. It was followed by Slovakia, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+37.0% per year) and Slovakia (+13.1% per year).

Export Prices by Country

The average base metal padlock export price stood at $X per ton in 2022, dropping by -4.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 37%. As a result, the export price reached the peak level of $X per ton, and then reduced slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.5%), while the prices for the other major destinations experienced a decline.

Base Metal Padlock Imports

Imports into Austria

In 2022, approx. X tons of base metal padlocks were imported into Austria; picking up by 22% compared with the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, base metal padlock imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and Poland (X tons) were the main suppliers of base metal padlock imports to Austria, with a combined 87% share of total imports. The Czech Republic, Italy, Taiwan (Chinese), Slovakia, France and Spain lagged somewhat behind, together accounting for a further 9.6%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +84.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of base metal padlocks to Austria, comprising 60% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.7% per year) and Poland (+90.4% per year).

Import Prices by Country

The average base metal padlock import price stood at $X per ton in 2022, waning by -2.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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