Austria: Metal Permanent Magnet Market 2025

Metal Permanent Magnet Market Size in Austria

The Austrian metal permanent magnet market rose remarkably to $X in 2022, increasing by 15% against the previous year. Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +1.8% against 2019 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Metal Permanent Magnet Production in Austria

In value terms, metal permanent magnet production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 967%. Metal permanent magnet production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Metal Permanent Magnet Exports

Exports from Austria

In 2022, approx. X tons of metal permanent magnets were exported from Austria; with an increase of 15% against the previous year's figure. Overall, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 137% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, metal permanent magnet exports surged to $X in 2022. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 66%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland (X tons) was the main destination for metal permanent magnet exports from Austria, with a 40% share of total exports. Moreover, metal permanent magnet exports to Poland exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland totaled +30.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+4.5% per year) and Italy (+66.9% per year).

In value terms, the largest markets for metal permanent magnet exported from Austria were Poland ($X), Germany ($X) and Italy ($X), with a combined 69% share of total exports.

Italy, with a CAGR of +66.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal permanent magnet export price amounted to $X per ton, increasing by 16% against the previous year. Overall, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 55%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Hungary ($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 (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Permanent Magnet Imports

Imports into Austria

In 2022, the amount of metal permanent magnets imported into Austria reduced to X tons, remaining relatively unchanged against the previous year's figure. Overall, imports, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 62% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted slightly in the following year.

In value terms, metal permanent magnet imports surged to $X in 2022. In general, imports, however, posted measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of metal permanent magnet imports to Austria, with a combined 88% share of total imports. The Netherlands, Spain and the UK lagged somewhat behind, together comprising a further 6.1%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +72.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Czech Republic ($X) were the largest metal permanent magnet suppliers to Austria, with a combined 88% share of total imports. The Netherlands, Spain and the UK lagged somewhat behind, together comprising a further 4.8%.

Spain, with a CAGR of +63.5%, recorded the highest rates of growth with regard to 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 metal permanent magnet import price stood at $X per ton in 2022, surging by 40% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the UK ($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 UK (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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