Price for Steel, Stainless; Angles, Shapes and Sections in Austria - 2023
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Austria (FOB) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Austria (CIF) - 2023
- Exports of Steel, Stainless; Angles, Shapes and Sections in Austria
- Imports of Steel, Stainless; Angles, Shapes and Sections in Austria
Price for Steel, Stainless; Angles, Shapes and Sections in Austria (FOB) - 2022
The average export price for steel, stainless stood at $7,353 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18%. Over the period under review, the average export prices attained the peak figure at $8,596 per ton in 2014; however, from 2015 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 Brazil ($64,667 per ton), while the average price for exports to Russia ($6,396 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 Brazil (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Austria (CIF) - 2023
In December 2023, the average import price for steel, stainless amounted to $6,724 per ton, with a decrease of -6.4% against the previous month. Overall, the import price continues to indicate a slight curtailment. The growth pace was the most rapid in August 2023 an increase of 25% m-o-m. As a result, import price attained the peak level of $9,383 per ton. From September 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,334 per ton), while the price for Poland ($1,656 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Steel, Stainless; Angles, Shapes and Sections in Austria
Exports of steel, stainless from Austria skyrocketed to 4K tons in 2022, surging by 23% on 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of steel, stainless skyrocketed to $29M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Steel, Stainless; Angles, Shapes and Sections in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.6 | 7.1 | 13.2 | 18.7 | 35.0% |
| Switzerland | 1.7 | 0.9 | 1.6 | 1.6 | -2.0% |
| Turkey | N/A | 0.9 | 1.4 | 1.3 | 20.2% |
| France | 0.8 | 0.6 | 0.5 | 0.9 | 4.0% |
| Czech Republic | 0.5 | 0.4 | 0.4 | 0.8 | 17.0% |
| Hungary | 0.5 | 0.4 | 1.3 | 0.8 | 17.0% |
| Russia | 1.4 | 1.1 | 1.1 | 0.7 | -20.6% |
| Spain | 0.2 | 0.2 | N/A | 0.7 | 51.8% |
| Slovakia | 1.0 | 0.4 | 0.2 | 0.5 | -20.6% |
| Bosnia and Herzegovina | 0.7 | 0.6 | 0.5 | 0.3 | -24.6% |
| Poland | 1.8 | 0.1 | 0.2 | 0.1 | -61.8% |
| United States | 1.4 | 1.2 | 0.9 | 0.1 | -58.5% |
| Others | 1.6 | 1.8 | 2.6 | 3.1 | 24.7% |
| Total | 19.1 | 15.9 | 24.0 | 29.4 | 15.5% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Austria in 2022:
- Germany (2885.3 tons)
- Switzerland (157.8 tons)
- Turkey (117.1 tons)
- Russia (102.8 tons)
- Czech Republic (94.0 tons)
- Hungary (90.2 tons)
- France (83.9 tons)
- Spain (63.6 tons)
- Slovakia (62.6 tons)
- Bosnia and Herzegovina (34.4 tons)
- Poland (9.5 tons)
- United States (6.1 tons)
Imports of Steel, Stainless; Angles, Shapes and Sections in Austria
For the fourth consecutive year, Austria recorded growth in overseas purchases of steel, stainless, which increased by 20% to 4K tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of steel, stainless surged to $27M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Steel, Stainless; Angles, Shapes and Sections in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 4.9 | 4.6 | 7.2 | 9.3 | 23.8% |
| Germany | 5.6 | 6.3 | 6.8 | 7.9 | 12.2% |
| Liechtenstein | N/A | 1.5 | 2.9 | 3.1 | 43.8% |
| Italy | 1.6 | 1.2 | 2.2 | 1.9 | 5.9% |
| China | 0.2 | 0.1 | 0.2 | 1.3 | 86.6% |
| Netherlands | 0.1 | 0.3 | 0.6 | 0.5 | 71.0% |
| Bulgaria | N/A | N/A | N/A | 0.4 | 0% |
| India | 0.9 | 0.3 | 0.3 | 0.1 | -51.9% |
| Others | 1.4 | 1.4 | 2.4 | 2.5 | 21.3% |
| Total | 14.7 | 15.7 | 22.5 | 27.0 | 22.5% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Austria in 2022:
- Switzerland (1233.9 tons)
- Germany (1213.1 tons)
- Italy (472.4 tons)
- Liechtenstein (394.5 tons)
- China (158.1 tons)
- Bulgaria (100.6 tons)
- Netherlands (88.0 tons)
- India (11.9 tons)
554
This report provides an in-depth analysis of the stainless steel angle market in Austria.
455
This report provides an in-depth analysis of the market for forged stainless steel bar in Austria.
388
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in Austria.
577
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Austria.
1399
This report provides an in-depth analysis of the global stainless steel angle market.
672
This report provides an in-depth analysis of the global market for forged stainless steel bar.
528
This report provides an in-depth analysis of the global market for hot-rolled round stainless steel.
1705
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
554
This report provides an in-depth analysis of the stainless steel angle market in Austria.
455
This report provides an in-depth analysis of the market for forged stainless steel bar in Austria.
1438
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
970
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1127
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
120
Global demand for forged stainless steel bar is forecasted to increase over the next seven years, with the market volume expected to reach 4.3M tons and value to reach $22.1B by 2030. China leads in consumption and production, while India and the United States also play significant roles in the market. Import and export prices and trends are analyzed, with India emerging as a major exporter of forged stainless steel bars.
160
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1476
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4357
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1175
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
1438
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
970
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
