Price for Railway or Tramway Track Constructions of Iron or Steel in Austria - 2023

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Austria (FOB) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Austria (CIF) - 2023
3. Exports of Railway or Tramway Track Constructions of Iron or Steel in Austria
4. Imports of Railway or Tramway Track Constructions of Iron or Steel in Austria

Price for Railway or Tramway Track Constructions of Iron or Steel in Austria (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $1,194 per ton in 2022, growing by 7.8% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 13%. Over the period under review, the average export prices attained the peak figure at $1,307 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,799 per ton), while the average price for exports to the Netherlands ($970 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 Australia (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Austria (CIF) - 2023

In December 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $2,634 per ton, increasing by 15% against the previous month. Overall, import price indicated a measured expansion from December 2022 to December 2023: its price increased at an average monthly rate of +4.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for railway or tramway track constructions of iron or steel increased by +14.9% against November 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 47% against the previous month. Over the period under review, average import prices reached the maximum at $2,809 per ton in September 2023; however, from October 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($7,330 per ton), while the price for Switzerland ($620 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 France (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Railway or Tramway Track Constructions of Iron or Steel in Austria

In 2022, approx. 538K tons of railway or tramway track constructions of iron or steel were exported from Austria; growing by 5.6% on the previous year. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 6.7%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of railway or tramway track constructions of iron or steel stood at $642M in 2022. The total export value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Austria in 2022:

1. Germany (182.6K tons)
2. Switzerland (36.7K tons)
3. Hungary (33.1K tons)
4. Romania (32.3K tons)
5. Italy (31.8K tons)
6. Poland (30.8K tons)
7. Netherlands (29.6K tons)
8. Sweden (24.9K tons)
9. France (23.8K tons)
10. Norway (16.4K tons)
11. Luxembourg (13.0K tons)
12. Australia (11.5K tons)
13. Czech Republic (11.3K tons)

Imports of Railway or Tramway Track Constructions of Iron or Steel in Austria

In 2022, the amount of railway or tramway track constructions of iron or steel imported into Austria contracted rapidly to 22K tons, waning by -17.3% compared with the previous year's figure. Overall, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 26K tons, and then reduced markedly in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel contracted markedly to $43M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73%. As a result, imports reached the peak of $53M, and then shrank rapidly in the following year.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Austria in 2022:

1. France (11.8K tons)
2. Germany (5.4K tons)
3. Poland (1.2K tons)
4. Turkey (0.7K tons)
5. Italy (0.7K tons)
6. Czech Republic (0.4K tons)
7. Slovenia (0.3K tons)

Source: IndexBox Market Intelligence Platform