Price for Safety Pins and Other Pins; of Iron or Steel in Austria - 2024

Price for Safety Pins and Other Pins; of Iron or Steel in Austria (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $31,267 per ton, waning by -6.3% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for safety pins and other pins; of iron or steels increased by +40.5% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 45%. As a result, import price attained the peak level of $33,373 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($78,847 per ton), while the price for China ($11,393 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Safety Pins and Other Pins; of Iron or Steel in Austria (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $23,094 per ton, declining by -39% against the previous year. Over the period under review, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 82%. As a result, the export price reached the peak level of $37,880 per ton, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($76,750 per ton), while the average price for exports to Canada ($4,182 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 Slovakia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety Pins and Other Pins; of Iron or Steel in Austria

Imports of safety pins and other pins; of iron or steels into Austria surged to 27 tons in 2022, increasing by 70% against the year before. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +82.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety pins and other pins; of iron or steels skyrocketed to $846K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Safety Pins and Other Pins; of Iron or Steel in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	203	263	453	680	49.6%
Spain	0.2	0.5	1.8	53.4	543.9%
China	96.5	12.6	11.5	50.9	-19.2%
Poland	3.0	16.6	13.2	11.0	54.2%
Czech Republic	32.7	29.2	16.7	8.8	-35.4%
Others	49.7	19.1	36.4	42.3	-5.2%
Total	385	341	532	846	30.0%

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Austria in 2022:

Germany (17.6 tons)
China (4.5 tons)
Spain (3.5 tons)
Poland (0.2 tons)
Czech Republic (0.1 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Austria

In 2022, after two years of decline, there was significant growth in shipments abroad of safety pins and other pins; of iron or steels, when their volume increased by 76% to 3.2 tons. In general, exports, however, recorded a dramatic descent.

In value terms, exports of safety pins and other pins; of iron or steels amounted to $75K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decline.

Export of Safety Pins and Other Pins; of Iron or Steel in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	0.2	2.3	0.5	14.0	312.1%
Czech Republic	1.0	0.4	0.3	13.7	139.3%
France	12.0	7.8	10.7	12.6	1.6%
Romania	0.4	0.7	0.4	9.5	187.4%
Switzerland	10.2	22.0	35.3	9.2	-3.4%
Serbia	0.1	0.1	0.8	2.4	188.4%
Hong Kong SAR	0.2	N/A	N/A	1.7	104.1%
Germany	7.8	18.9	12.0	1.3	-45.0%
Italy	31.2	10.9	0.5	0.8	-70.5%
United States	40.0	N/A	0.3	0.2	-82.9%
Liechtenstein	N/A	40.5	N/A	N/A	0%
Slovenia	36.1	1.6	1.4	N/A	-80.3%
Canada	29.8	N/A	N/A	N/A	0%
Others	5.5	4.8	7.6	9.6	20.4%
Total	174	110	69.9	75.1	-24.4%