Austria: Metal Chain Market 2025

Metal Chain Market Size in Austria

In 2022, the Austrian metal chain market increased by 36% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Chain Production in Austria

In value terms, metal chain production soared to $X in 2022 estimated in export price. In general, production saw a pronounced slump. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Metal Chain Exports

Exports from Austria

In 2022, exports of iron or steel chain from Austria shrank slightly to X tons, waning by -3.8% on the year before. In general, total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of X tons, and then declined slightly in the following year.

In value terms, metal chain exports contracted to $X in 2022. Over the period under review, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 38%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for metal chain exports from Austria, with a 50% share of total exports. Moreover, metal chain exports to Germany exceeded the volume sent to the second major destination, China (X tons), sixfold. The third position in this ranking was taken by France (X tons), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+34.8% per year) and France (+17.7% per year).

In value terms, Germany ($X) remains the key foreign market for iron or steel chain exports from Austria, comprising 50% of total exports. The second position in the ranking was held by China ($X), with a 13% share of total exports. It was followed by Switzerland, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+30.8% per year) and Switzerland (-4.1% per year).

Export Prices by Country

In 2022, the average metal chain export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Hungary ($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 Poland (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Imports

Imports into Austria

In 2022, purchases abroad of iron or steel chain increased by 76% to X tons, rising for the fifth year in a row after four years of decline. Overall, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal chain imports surged to $X in 2022. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2020 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of metal chain imports to Austria, together accounting for 85% of total imports. Turkey, Italy, Sweden and the Czech Republic lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +44.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal chain suppliers to Austria were Germany ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 86% share of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +44.5%, 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 metal chain import price stood at $X per ton in 2022, reducing by -19.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 54% against the previous year. The import price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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