Austria: Worked Slate Market 2024

Worked Slate Market Size in Austria

In 2022, the Austrian worked slate market increased by less than 0.1% to $X, rising for the second consecutive year after seven years of decline. Overall, consumption saw a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Worked Slate Production in Austria

In value terms, worked slate production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 24% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Worked Slate Exports

Exports from Austria

In 2022, overseas shipments of worked slate were finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 106%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, worked slate exports soared to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 63%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Switzerland (X tons) and the Czech Republic (X tons) were the main destinations of worked slate exports from Austria, together accounting for 80% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +3.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and the Czech Republic ($X) appeared to be the largest markets for worked slate exported from Austria worldwide, with a combined 83% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +6.7%, 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 worked slate export price stood at $X per ton in 2022, falling by -2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2020 an increase of 28%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Romania ($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 (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Slate Imports

Imports into Austria

After four years of decline, overseas purchases of worked slate increased by 1.7% to X tons in 2022. In general, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 10%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, worked slate imports rose remarkably to $X in 2022. Over the period under review, imports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), China (X tons) and Brazil (X tons) were the main suppliers of worked slate imports to Austria, together comprising 86% of total imports. Italy lagged somewhat behind, comprising a further 8.4%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +0.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest worked slate suppliers to Austria were Germany ($X), China ($X) and Brazil ($X), with a combined 83% share of total imports.

Among the main suppliers, Germany, with a CAGR of +3.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average worked slate import price stood at $X per ton in 2022, increasing by 4% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, worked slate import price increased by +64.0% against 2018 indices. The growth pace was the most rapid in 2019 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Germany ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :