Austria: Moulds For Metal Market 2024

Moulds For Metal Market Size in Austria

The Austrian moulds for metal market skyrocketed to $X in 2022, jumping by 24% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Moulds for metal consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Moulds For Metal Production in Austria

In value terms, moulds for metal production surged to $X in 2022 estimated in export price. In general, production, however, showed a deep reduction. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Moulds For Metal Exports

Exports from Austria

In 2022, exports of moulds for metals from Austria contracted dramatically to X tons, falling by -52.2% on the previous year. Overall, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 54%. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, moulds for metal exports contracted dramatically to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

Germany (X tons) was the main destination for moulds for metal exports from Austria, with a 50% share of total exports. Moreover, moulds for metal exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+27.6% per year) and the Czech Republic (-2.9% per year).

In value terms, Germany ($X) remains the key foreign market for moulds for metals exports from Austria, comprising 66% of total exports. The second position in the ranking was taken by Poland ($X), with a 5.4% share of total exports. It was followed by the Czech Republic, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+39.1% per year) and the Czech Republic (+4.4% per year).

Export Prices by Country

In 2022, the average moulds for metal export price amounted to $X per ton, surging by 42% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average export price increased by 48% against the previous year. The export price peaked in 2022 and is expected to retain 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 the UK ($X per ton), while the average price for exports to Russia ($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 (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Austria

In 2022, overseas purchases of moulds for metals decreased by -0.8% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.1% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, moulds for metal imports expanded markedly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of moulds for metal to Austria, with a 58% share of total imports. Moreover, moulds for metal imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was held by China (X tons), with a 7% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.1% per year) and China (+12.5% per year).

In value terms, the largest moulds for metal suppliers to Austria were Germany ($X), Italy ($X) and China ($X), with a combined 73% share of total imports. Slovenia, Turkey, Hungary, Switzerland, the Czech Republic and Croatia lagged somewhat behind, together accounting for a further 18%.

Among the main suppliers, Switzerland, with a CAGR of +19.3%, recorded the highest growth rate of 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

In 2022, the average moulds for metal import price amounted to $X per ton, rising by 8.8% against the previous year. In general, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 16%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Hungary ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform