Austria: Ferro-Chromium Market 2025

Ferro-Chromium Market Size in Austria

The Austrian ferro-chromium market skyrocketed to $X in 2022, jumping by 48% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +73.4% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Ferro-Chromium Exports

Exports from Austria

In 2022, shipments abroad of ferro-chromium increased by 92% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 738% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, ferro-chromium exports surged to $X in 2022. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,164% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main destinations of ferro-chromium exports from Austria, together accounting for 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +64.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ferro-chromium exported from Austria were Germany ($X), Belgium ($X) and the Netherlands ($X), together accounting for 99% of total exports.

Among the main countries of destination, Belgium, with a CAGR of +107.5%, saw the highest rates of growth with regard to 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 ferro-chromium export price stood at $X per ton in 2022, rising by 108% against the previous year. In general, the export price showed strong growth. 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($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 Belgium (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Chromium Imports

Imports into Austria

In 2022, approx. X tons of ferro-chromium were imported into Austria; reducing by -2.8% on the previous year. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 35% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-chromium imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Albania (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of ferro-chromium imports to Austria, together accounting for 64% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +66.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-chromium suppliers to Austria were Albania ($X), Italy ($X) and Germany ($X), together accounting for 59% of total imports. The Netherlands, the Czech Republic, Sweden, Belgium and Finland lagged somewhat behind, together accounting for a further 40%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +81.9%, saw the highest rates of growth with regard to 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

The average ferro-chromium import price stood at $X per ton in 2022, increasing by 125% against the previous year. Overall, the import price continues to indicate strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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