Austria - Flat-Rolled Products Of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Austria - Flat-Rolled Products Of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights

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Price for Silicon-Electrical Steel Flat-Rolled Product in Austria - 2023

Contents:

  1. Price for Silicon-Electrical Steel Flat-Rolled Product in Austria (FOB) - 2023
  2. Price for Silicon-Electrical Steel Flat-Rolled Product in Austria (CIF) - 2023
  3. Exports of Silicon-Electrical Steel Flat-Rolled Product in Austria
  4. Imports of Silicon-Electrical Steel Flat-Rolled Product in Austria

Price for Silicon-Electrical Steel Flat-Rolled Product in Austria (FOB) - 2023

The average silicon-electrical steel flat-rolled product export price stood at $2,103 per ton in July 2023, surging by 4.2% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 10% month-to-month. Over the period under review, the average export prices reached the maximum at $2,227 per ton in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($4,908 per ton), while the average price for exports to Romania ($1,229 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 Hungary (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Silicon-Electrical Steel Flat-Rolled Product in Austria (CIF) - 2023

The average silicon-electrical steel flat-rolled product import price stood at $3,893 per ton in July 2023, surging by 14% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 22% m-o-m. The import price peaked at $3,935 per ton in April 2023; afterwards, it flattened through to July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($4,964 per ton), while the price for Germany ($2,445 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 Japan (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Silicon-Electrical Steel Flat-Rolled Product in Austria

Silicon-electrical steel flat-rolled product exports from Austria fell dramatically to 88K tons in 2022, reducing by -55.1% against 2021. Overall, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 197K tons, and then plummeted in the following year.

In value terms, silicon-electrical steel flat-rolled product exports declined markedly to $202M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 63%. As a result, the exports attained the peak of $250M, and then contracted significantly in the following year.

Export of Silicon-Electrical Steel Flat-Rolled Product in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France22.625.131.163.641.2%
Hungary24.924.026.638.916.0%
Germany23.821.852.032.611.1%
Slovenia9.77.615.329.745.2%
Switzerland1.02.84.89.6112.5%
Slovakia2.91.14.69.347.5%
Italy35.934.169.54.8-48.9%
Czech Republic8.86.57.24.5-20.0%
Brazil11.711.616.80.4-67.5%
Others22.518.221.68.4-28.0%
Total1641532502027.2%

Top Export Markets for Silicon-Electrical Steel Flat-Rolled Product from Austria in 2022:

  1. France (31.4K tons)
  2. Germany (15.3K tons)
  3. Slovenia (11.8K tons)
  4. Hungary (11.6K tons)
  5. Slovakia (5.6K tons)
  6. Italy (3.8K tons)
  7. Switzerland (3.2K tons)
  8. Czech Republic (2.1K tons)
  9. Brazil (0.3K tons)

Imports of Silicon-Electrical Steel Flat-Rolled Product in Austria

In 2022, the amount of flat-rolled products of silicon-electrical steel imported into Austria soared to 58K tons, with an increase of 21% against the previous year. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicon-electrical steel flat-rolled product imports skyrocketed to $162M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silicon-Electrical Steel Flat-Rolled Product in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan19.925.520.561.245.4%
Germany25.121.036.652.327.7%
Poland12.315.115.019.216.0%
Slovenia1.72.22.78.772.3%
France4.72.37.87.617.4%
Czech Republic10.32.53.45.6-18.4%
SwedenN/AN/AN/A2.60%
Others7.010.911.95.1-10.0%
Total80.979.698.016226.0%

Top Suppliers of Silicon-Electrical Steel Flat-Rolled Product to Austria in 2022:

  1. Germany (22.0K tons)
  2. Japan (15.9K tons)
  3. Poland (5.8K tons)
  4. Slovenia (5.7K tons)
  5. Sweden (2.6K tons)
  6. France (2.5K tons)
  7. Czech Republic (2.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product 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 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
  • Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
  • Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
  • Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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