Austria: Expanded Metal Market 2024

Expanded Metal Market Size in Austria

The Austrian expanded metal market rose markedly to $X in 2022, with an increase of 12% against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 +111.9% against 2017 indices. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Expanded Metal Production in Austria

In value terms, expanded metal production declined to $X in 2022 estimated in export price. In general, production saw a tangible expansion. The most prominent rate of growth was recorded in 2018 with an increase of 179% against the previous year. Expanded metal production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Expanded Metal Exports

Exports from Austria

Expanded metal exports from Austria skyrocketed to X tons in 2022, jumping by 55% on the year before. Overall, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 163% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, expanded metal exports surged to $X in 2022. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 158%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Luxembourg (X tons), Germany (X tons) and Slovakia (X tons) were the main destinations of expanded metal exports from Austria, with a combined 90% share 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 Luxembourg (with a CAGR of +278.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for expanded metal exported from Austria were Germany ($X), Luxembourg ($X) and Qatar ($X), with a combined 68% share of total exports.

Among the main countries of destination, Luxembourg, with a CAGR of +266.0%, recorded 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 expanded metal export price stood at $X per ton in 2022, shrinking by -16.8% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Luxembourg ($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 Switzerland (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into Austria

In 2022, approx. X tons of iron or steel expanded metal were imported into Austria; picking up by 51% on the previous year. Overall, imports saw a perceptible increase. The pace of growth appeared the most rapid in 2016 when imports increased by 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, expanded metal imports surged to $X in 2022. Over the period under review, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 53%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of expanded metal to Austria, accounting for a 59% share of total imports. Moreover, expanded metal imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Czech Republic (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.0% per year) and the Czech Republic (+12.9% per year).

In value terms, the largest expanded metal suppliers to Austria were Italy ($X), Germany ($X) and the Czech Republic ($X), with a combined 94% share of total imports. Poland and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 4.3%.

Bosnia and Herzegovina, with a CAGR of +130.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average expanded metal import price stood at $X per ton in 2022, dropping by -9.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2014 an increase of 39%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Bosnia and Herzegovina ($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 (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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