Austria: Market for Hot-Rolled Bars Of Silico-Manganese Steel 2025

Market Size for Hot-Rolled Bars Of Silico-Manganese Steel in Austria

The Austrian hot-rolled silico-manganese steel bar market soared to $X in 2021, picking up by 15% against the previous year. Over the period under review, consumption, however, recorded a mild descent. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Hot-Rolled Bars Of Silico-Manganese Steel in Austria

In value terms, hot-rolled silico-manganese steel bar production declined to $X in 2021 estimated in export price. In general, production saw a noticeable expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 144%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Hot-Rolled Bars Of Silico-Manganese Steel

Exports from Austria

In 2021, approx. X tons of hot-rolled bars of silico-manganese steel were exported from Austria; growing by 540% on the year before. Over the period under review, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hot-rolled silico-manganese steel bar exports soared to $X in 2021. Overall, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons) was the main destination for hot-rolled silico-manganese steel bar exports from Austria, with a 87% share of total exports. Moreover, hot-rolled silico-manganese steel bar exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 3% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic totaled +23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+62.9% per year) and Germany (-7.8% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for hot-rolled bars of silico-manganese steel exports from Austria, comprising 75% of total exports. The second position in the ranking was held by Germany ($X), with a 7.2% share of total exports. It was followed by Poland, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic stood at +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.4% per year) and Poland (-0.5% per year).

Export Prices by Country

The average hot-rolled silico-manganese steel bar export price stood at $X per ton in 2021, shrinking by -43.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 83%. As a result, the export price attained the peak level of $X per ton, and then reduced remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the Czech Republic ($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 Germany (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hot-Rolled Bars Of Silico-Manganese Steel

Imports into Austria

After two years of decline, overseas purchases of hot-rolled bars of silico-manganese steel increased by 18% to X tons in 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 103% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, hot-rolled silico-manganese steel bar imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 144%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) was the main hot-rolled silico-manganese steel bar supplier to Austria, accounting for a 94% share of total imports. Moreover, hot-rolled silico-manganese steel bar imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +8.0%.

In value terms, Italy ($X) constituted the largest supplier of hot-rolled bars of silico-manganese steel to Austria, comprising 84% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +6.0%.

Import Prices by Country

In 2021, the average hot-rolled silico-manganese steel bar import price amounted to $X per ton, jumping by 21% against the previous year. In general, the import price, however, showed a mild descent. The import price peaked at $X per ton in 2012; however, from 2013 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 Italy stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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