Austria: Market for Ferro-Cerium And Pyrophoric Alloys 2024

Market Size for Ferro-Cerium And Pyrophoric Alloys in Austria

The Austrian ferro-cerium and pyrophoric alloys market contracted dramatically to $X in 2021, declining by -16% against the previous year. Over the period under review, consumption recorded a deep slump. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Ferro-Cerium And Pyrophoric Alloys in Austria

In value terms, ferro-cerium and pyrophoric alloys production declined markedly to $X in 2021 estimated in export price. Overall, production, however, posted a perceptible expansion. The growth pace was the most rapid in 2020 when the production volume increased by 52%. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Exports of Ferro-Cerium And Pyrophoric Alloys

Exports from Austria

In 2021, shipments abroad of ferro-cerium and pyrophoric alloys was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +3.3% over the period from 2016 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-cerium and pyrophoric alloys exports expanded significantly to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Switzerland (X tons) and France (X tons) were the main destinations of ferro-cerium and pyrophoric alloys exports from Austria, together accounting for 89% of total exports.

From 2016 to 2021, the biggest increases were recorded for France (with a CAGR of +22.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and France ($X) appeared to be the largest markets for ferro-cerium and pyrophoric alloys exported from Austria worldwide, together accounting for 75% of total exports.

France, with a CAGR of +31.8%, recorded 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 mixed trend patterns.

Export Prices by Country

The average ferro-cerium and pyrophoric alloys export price stood at $X per ton in 2021, shrinking by -15.3% against the previous year. Overall, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ferro-Cerium And Pyrophoric Alloys

Imports into Austria

In 2021, after two years of decline, there was growth in purchases abroad of ferro-cerium and pyrophoric alloys, when their volume increased by 1.3% to X tons. Over the period under review, imports, however, continue to indicate a mild descent. The pace of growth appeared the most rapid in 2015 with an increase of 12% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, ferro-cerium and pyrophoric alloys imports rose notably to $X in 2021. Overall, imports, however, recorded a noticeable decrease. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of ferro-cerium and pyrophoric alloys to Austria, with a 61% share of total imports. Moreover, ferro-cerium and pyrophoric alloys imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was taken by the UK (X tons), with a 14% share.

From 2014 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+28.3% per year) and the UK (-5.5% per year).

In value terms, Germany ($X) constituted the largest supplier of ferro-cerium and pyrophoric alloys to Austria, comprising 75% of total imports. The second position in the ranking was taken by the UK ($X), with a 9.3% share of total imports. It was followed by Poland, with a 7.3% share.

From 2014 to 2021, the average annual rate of growth in terms of value from Germany totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-5.5% per year) and Poland (+10.4% per year).

Import Prices by Country

In 2021, the average ferro-cerium and pyrophoric alloys import price amounted to $X per ton, increasing by 8% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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