Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria (FOB) - 2024
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria (CIF) - 2024
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria (FOB) - 2024
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $7,513 per ton in March 2024, reducing by -16.7% against the previous month. Over the period under review, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 9% month-to-month. The export price peaked at $10,709 per ton in December 2023; however, from January 2024 to March 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($10,900 per ton), while the average price for exports to Lebanon ($5,176 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria (CIF) - 2024
In March 2024, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,499 per ton, picking up by 16% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 21% month-to-month. The import price peaked at $7,574 per ton in September 2023; however, from October 2023 to March 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($16,274 per ton), while the price for Israel ($3,702 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Switzerland (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria
In 2022, approx. 13K tons of iron or steel cast fittings, other than of non-malleable cast ira were exported from Austria; falling by -7% compared with 2021. Over the period under review, exports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4.3% against the previous year.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira reduced to $110M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 14%. As a result, the exports reached the peak of $118M, and then declined in the following year.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 15.8 | 15.2 | 19.5 | 19.1 | 6.5% |
| Germany | 14.7 | 14.9 | 17.2 | 15.6 | 2.0% |
| Switzerland | 11.5 | 12.6 | 13.5 | 11.3 | -0.6% |
| United Kingdom | 11.1 | 10.2 | 10.4 | 10.3 | -2.5% |
| Belgium | 10.8 | 10.4 | 11.5 | 9.9 | -2.9% |
| Netherlands | 6.6 | 6.6 | 7.0 | 7.1 | 2.5% |
| Denmark | 4.9 | 5.7 | 5.5 | 5.5 | 3.9% |
| Sweden | 3.2 | 3.8 | 5.5 | 5.0 | 16.0% |
| Norway | 4.5 | 4.5 | 4.1 | 3.8 | -5.5% |
| France | 2.5 | 2.2 | 2.4 | 2.0 | -7.2% |
| Others | 19.0 | 17.7 | 21.5 | 20.1 | 1.9% |
| Total | 105 | 104 | 118 | 110 | 1.6% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Austria in 2022:
- Italy (2.2K tons)
- Germany (1.8K tons)
- United Kingdom (1.3K tons)
- Switzerland (1.3K tons)
- Belgium (0.9K tons)
- Netherlands (0.8K tons)
- Denmark (0.6K tons)
- Sweden (0.5K tons)
- Norway (0.5K tons)
- France (0.4K tons)
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria
In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into Austria declined slightly to 7.4K tons, which is down by -3.7% compared with the year before. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 9.9%. As a result, imports reached the peak of 7.7K tons, and then dropped modestly in the following year.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira rose to $45M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 19%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.5 | 21.4 | 25.3 | 27.0 | 9.6% |
| Poland | 6.5 | 5.7 | 6.4 | 6.6 | 0.5% |
| China | 2.7 | 1.7 | 1.7 | 2.5 | -2.5% |
| Israel | 1.8 | 2.1 | 2.5 | 2.0 | 3.6% |
| Czech Republic | 1.7 | 1.6 | 2.0 | 1.8 | 1.9% |
| Italy | 1.6 | 1.1 | 1.7 | 1.6 | 0.0% |
| Others | 3.5 | 2.8 | 3.5 | 3.2 | -2.9% |
| Total | 38.3 | 36.4 | 43.2 | 44.6 | 5.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Austria in 2022:
- Germany (4.3K tons)
- Poland (1.2K tons)
- Israel (0.6K tons)
- China (0.5K tons)
- Czech Republic (0.3K tons)
- Italy (0.1K tons)
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