Austria: Market for Iron or Steel Hot-Worked Helical Springs 2025

Market Size for Iron or Steel Hot-Worked Helical Springs in Austria

The Austrian metal hot-worked helical spring market surged to $X in 2021, picking up by 21% against the previous year. The market value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Iron or Steel Hot-Worked Helical Springs in Austria

In value terms, metal hot-worked helical spring production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Iron or Steel Hot-Worked Helical Springs

Exports from Austria

In 2021, approx. X tons of iron or steel hot-worked helical springs were exported from Austria; with an increase of 18% against the previous year. The total export volume increased at an average annual rate of +5.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 21%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, metal hot-worked helical spring exports surged to $X in 2021. Overall, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.0% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Slovakia (X tons) and the United States (X tons) were the main destinations of metal hot-worked helical spring exports from Austria, with a combined 42% share of total exports. Poland, the Czech Republic, China, Kazakhstan, Mexico, Romania, Hungary, Slovenia, France and Italy lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +135.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal hot-worked helical spring exported from Austria were the United States ($X), Germany ($X) and Kazakhstan ($X), with a combined 36% share of total exports.

Among the main countries of destination, Kazakhstan, with a CAGR of +158.4%, saw 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 metal hot-worked helical spring export price stood at $X per ton in 2021, picking up by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2014 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Slovakia ($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 Kazakhstan (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Hot-Worked Helical Springs

Imports into Austria

In 2021, metal hot-worked helical spring imports into Austria amounted to X tons, with an increase of 12% against 2020. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.1% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal hot-worked helical spring imports soared to $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.3% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest metal hot-worked helical spring supplier to Austria, with a 73% share of total imports. Moreover, metal hot-worked helical spring imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Hungary (X tons) ranked third in terms of total imports with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.6% per year) and Hungary (+55.0% per year).

In value terms, Germany ($X) constituted the largest supplier of iron or steel hot-worked helical springs to Austria, comprising 69% of total imports. The second position in the ranking was held by Italy ($X), with an 8.4% share of total imports. It was followed by Switzerland, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.6% per year) and Switzerland (-9.0% per year).

Import Prices by Country

The average metal hot-worked helical spring import price stood at $X per ton in 2021, rising by 12% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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