Austria: Unwrought Zinc Alloys Market 2024

Unwrought Zinc Alloys Market Size in Austria

In 2022, the Austrian unwrought zinc alloys market increased by 25% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +47.2% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Unwrought Zinc Alloys Production in Austria

In value terms, unwrought zinc alloys production contracted sharply to $X in 2022 estimated in export price. Overall, production, however, recorded significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 211%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Unwrought Zinc Alloys Exports

Exports from Austria

After two years of growth, overseas shipments of unwrought zinc alloys decreased by -34% to X tons in 2022. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2014 when exports increased by 203% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced notably in the following year.

In value terms, unwrought zinc alloys exports shrank remarkably to $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 263%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X tons) was the main destination for unwrought zinc alloys exports from Austria, with a 49% share of total exports. Moreover, unwrought zinc alloys exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary amounted to +69.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+85.0% per year) and Germany (-6.5% per year).

In value terms, Hungary ($X), the Czech Republic ($X) and Germany ($X) were the largest markets for unwrought zinc alloys exported from Austria worldwide, with a combined 78% share of total exports. The Netherlands, Romania, Bulgaria, Slovenia and Croatia lagged somewhat behind, together comprising a further 15%.

Bulgaria, with a CAGR of +565.2%, saw the highest rates of growth with regard to the value of exports, among 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 unwrought zinc alloys export price amounted to $X per ton, increasing by 24% against the previous year. In general, the export price saw prominent growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 46% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Germany ($X per ton), while the average price for exports to Croatia ($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 Germany (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Zinc Alloys Imports

Imports into Austria

In 2022, purchases abroad of unwrought zinc alloys was finally on the rise to reach X tons after three years of decline. Overall, imports, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2018 with an increase of 13%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, unwrought zinc alloys imports surged to $X in 2022. Over the period under review, total imports indicated measured growth from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by +58.7% against 2020 indices. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Luxembourg (X tons) and Belgium (X tons) were the main suppliers of unwrought zinc alloys imports to Austria, with a combined 91% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +69.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Luxembourg ($X), Germany ($X) and Belgium ($X) appeared to be the largest unwrought zinc alloys suppliers to Austria, with a combined 91% share of total imports.

Luxembourg, with a CAGR of +79.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 unwrought zinc alloys import price amounted to $X per ton, growing by 24% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys import price increased by +57.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 39% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Luxembourg ($X per ton), while the price for Belgium ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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