Austria - Hot-Rolled Non-Alloy Steel Wire Rods - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Non-Alloy Steel Wire Rod in Austria - 2023
Contents:
- Price for Hot-Rolled Non-Alloy Steel Wire Rod in Austria (CIF) - 2023
- Price for Hot-Rolled Non-Alloy Steel Wire Rod in Austria (FOB) - 2023
- Imports of Hot-Rolled Non-Alloy Steel Wire Rod in Austria
- Exports of Hot-Rolled Non-Alloy Steel Wire Rod in Austria
Price for Hot-Rolled Non-Alloy Steel Wire Rod in Austria (CIF) - 2023
The average import price for hot-rolled non-alloy steel wire rods stood at $660 per ton in July 2023, shrinking by -11.3% against the previous month. Overall, the import price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in December 2022 an increase of 17% month-to-month. The import price peaked at $926 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($1,091 per ton), while the price for Germany ($615 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Hot-Rolled Non-Alloy Steel Wire Rod in Austria (FOB) - 2023
The average export price for hot-rolled non-alloy steel wire rods stood at $939 per ton in July 2023, falling by -3.2% against the previous month. Overall, the export price saw a mild decrease. The pace of growth appeared the most rapid in November 2022 an increase of 14% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,306 per ton in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Liechtenstein ($1,440 per ton), while the average price for exports to Croatia ($671 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hot-Rolled Non-Alloy Steel Wire Rod in Austria
In 2022, approx. 451K tons of hot-rolled non-alloy steel wire rods were imported into Austria; increasing by 3.3% against the previous year. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, hot-rolled non-alloy steel wire rod imports skyrocketed to $463M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 95% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Hot-Rolled Non-Alloy Steel Wire Rod in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 131 | 111 | 234 | 278 | 28.5% |
| Germany | 63.3 | 59.6 | 97.7 | 149 | 33.0% |
| Czech Republic | 6.0 | 8.3 | 15.5 | 15.1 | 36.0% |
| Bosnia and Herzegovina | 6.3 | 3.0 | 4.0 | 9.6 | 15.1% |
| Others | 5.0 | 2.9 | 10.1 | 11.0 | 30.1% |
| Total | 211 | 185 | 361 | 463 | 29.9% |
Top Suppliers of Hot-Rolled Non-Alloy Steel Wire Rod to Austria in 2022:
- Italy (257.5K tons)
- Germany (161.1K tons)
- Czech Republic (14.0K tons)
- Bosnia and Herzegovina (9.5K tons)
Exports of Hot-Rolled Non-Alloy Steel Wire Rod in Austria
In 2022, approx. 66K tons of hot-rolled non-alloy steel wire rods were exported from Austria; almost unchanged from the year before. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year.
In value terms, hot-rolled non-alloy steel wire rod exports surged to $83M in 2022. In general, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.7% 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 +85.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 40%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Hot-Rolled Non-Alloy Steel Wire Rod in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.7 | 13.6 | 20.0 | 26.6 | 16.8% |
| Liechtenstein | N/A | 12.7 | 15.1 | 21.8 | 31.0% |
| Italy | 10.3 | 8.2 | 11.3 | 12.7 | 7.2% |
| Czech Republic | 4.4 | 5.1 | 6.0 | 7.8 | 21.0% |
| Turkey | 1.1 | 1.2 | 3.3 | 4.7 | 62.3% |
| Hungary | 2.5 | 2.2 | 3.2 | 4.4 | 20.7% |
| Spain | 0.4 | 0.2 | 1.1 | 2.4 | 81.7% |
| Switzerland | 15.9 | 0.1 | N/A | N/A | -99.4% |
| Netherlands | 20.9 | N/A | N/A | N/A | 0% |
| Others | 1.9 | 1.4 | 2.4 | 2.3 | 6.6% |
| Total | 74.2 | 44.7 | 62.4 | 82.7 | 3.7% |
Top Export Markets for Hot-Rolled Non-Alloy Steel Wire Rod from Austria in 2022:
- Switzerland (undefinedK tons)
- Germany (19.4K tons)
- Liechtenstein (14.9K tons)
- Italy (10.5K tons)
- Czech Republic (10.1K tons)
- Turkey (4.0K tons)
- Hungary (3.9K tons)
- Spain (1.7K tons)
This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
- Prodcom 24106120 - Wire rod of free-cutting steel
- Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
- Prodcom 24106140 - Wire rod for tyre cord
- Prodcom 24106190 - Other wire rod (of non-alloy steel)
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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