Austria: Extruded Rod Market 2022

Extruded Rod Market Size in Austria

After two years of decline, the Austrian extruded rod market increased by X% to $X in 2021. Overall, consumption posted a tangible expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Extruded Rod Production in Austria

In value terms, extruded rod production soared to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible downturn. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Extruded Rod Exports

Exports from Austria

In 2021, overseas shipments of extruded rods and profile shapes of cellular vulcanised rubber decreased by -X% to X tons, falling for the fourth consecutive year after four years of growth. Over the period under review, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, extruded rod exports contracted rapidly to $X in 2021. In general, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Hungary (X tons) and Germany (X tons) were the main destinations of extruded rod exports from Austria, together accounting for X% of total exports. India, the Czech Republic, Brazil and Australia lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Germany ($X) were the largest markets for extruded rod exported from Austria worldwide, with a combined X% share of total exports. Australia, the Czech Republic, Brazil and India lagged somewhat behind, together comprising a further X terms of the main countries of destination, Australia, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average extruded rod export price stood at $X per ton in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Australia ($X per ton), while the average price for exports to India ($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 Australia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Extruded Rod Imports

Imports into Austria

After two years of decline, purchases abroad of extruded rods and profile shapes of cellular vulcanised rubber increased by X% to X tons in 2021. Over the period under review, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, extruded rod imports reduced rapidly to $X in 2021. Overall, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Turkey (X tons) and China (X tons) were the main suppliers of extruded rod imports to Austria, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of extruded rod to Austria, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

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

Import Prices by Country

In 2021, the average extruded rod import price amounted to $X per ton, which is down by -X% against the previous year. In general, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then shrank dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hungary ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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