Austria: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Austria

In 2022, the Austrian mill rolling roll market decreased by -10.4% to $X, falling for the fifth year in a row after two years of growth. In general, consumption continues to indicate a deep downturn. The growth pace was the most rapid in 2016 when the market value increased by 4.7% against the previous year. Mill rolling roll consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mill Rolling Roll Production in Austria

In value terms, mill rolling roll production declined to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced decrease. The growth pace was the most rapid in 2021 when the production volume increased by 5.4%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Mill Rolling Roll Exports

Exports from Austria

In 2022, overseas shipments of rolls for rolling mills increased by 14% to X units, rising for the sixth year in a row after two years of decline. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 84%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, mill rolling roll exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 21%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

The United States (X units), Germany (X units) and Mexico (X units) were the main destinations of mill rolling roll exports from Austria, with a combined 44% share of total exports. Brazil, India, Italy, the Netherlands, Spain, Belgium, Finland, Sweden, Canada and France lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +44.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mill rolling roll exported from Austria were the United States ($X), Germany ($X) and Mexico ($X), together accounting for 44% of total exports. Brazil, India, Italy, the Netherlands, Spain, Belgium, Finland, Sweden, Canada and France lagged somewhat behind, together accounting for a further 41%.

Sweden, with a CAGR of +19.2%, 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

The average mill rolling roll export price stood at $X per unit in 2022, declining by -13.5% against the previous year. Overall, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2016 an increase of 9.4%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Sweden ($X per unit) and France ($X per unit), while the average price for exports to Germany ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-17.3%), while the prices for the other major destinations experienced a decline.

Mill Rolling Roll Imports

Imports into Austria

In 2022, overseas purchases of rolls for rolling mills increased by 32% to X units, rising for the sixth year in a row after two years of decline. In general, imports saw a significant expansion. The growth pace was the most rapid in 2019 with an increase of 67%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, mill rolling roll imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% 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 +20.0% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 59% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of mill rolling roll to Austria, accounting for a 38% share of total imports. Moreover, mill rolling roll imports from Germany exceeded the figures recorded by the second-largest supplier, South Korea (X units), threefold. The third position in this ranking was taken by Slovenia (X units), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+50.4% per year) and Slovenia (+70.1% per year).

In value terms, Germany ($X) constituted the largest supplier of rolls for rolling mills to Austria, comprising 38% of total imports. The second position in the ranking was taken by South Korea ($X), with a 15% share of total imports. It was followed by Slovenia, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+27.0% per year) and Slovenia (+47.7% per year).

Import Prices by Country

The average mill rolling roll import price stood at $X per unit in 2022, falling by -11.7% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2016 when the average import price decreased by -2.4%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Germany ($X per unit), while the price for the UK ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (-13.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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