Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria - 2023

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $2 per unit in 2022, surging by 3.9% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 millstones, grindstones, grinding wheels and the like; of natural stones decreased by -26.3% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 62% against the previous year. Over the period under review, average import prices hit record highs at $2.7 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Slovenia ($14 per unit), while the price for Turkey ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+55.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $2.8 per unit, jumping by 33% against the previous year. Over the period under review, the export price recorded a notable increase. The most prominent rate of growth was recorded in 2016 an increase of 87%. The export price peaked at $6.4 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4.8 per unit), while the average price for exports to Poland ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria

In 2022, approx. 71K units of millstones, grindstones, grinding wheels and the like; of natural stones were imported into Austria; growing by 4.5% against the year before. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of 73K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones rose sharply to $141K in 2022. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at $169K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Austria in 2022:

1. Germany (40.6K units)
2. Czech Republic (12.4K units)
3. Poland (6.7K units)
4. Finland (6.0K units)
5. Turkey (1.5K units)
6. China (0.8K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Austria

For the third year in a row, Austria recorded decline in overseas shipments of millstones, grindstones, grinding wheels and the like; of natural stones, which decreased by -30.7% to 18K units in 2022. In general, exports continue to indicate a sharp shrinkage. The smallest decline of -10.9% was in 2021. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at 35K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones contracted to $50K in 2022. Over the period under review, exports showed a abrupt downturn. The exports peaked at $89K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Austria in 2022:

1. Germany (4.9K units)
2. Egypt (4.7K units)
3. Switzerland (2.4K units)
4. Norway (2.3K units)
5. Slovakia (1.2K units)
6. Croatia (1.0K units)
7. Poland (0.5K units)

Source: IndexBox Market Intelligence Platform