Austria: Aluminium Bar Market Overview 2021

Aluminium Bar Market Size in Austria

The Austrian aluminium bar market shrank to $X in 2019, waning by -X% against the previous year. In general, consumption recorded a noticeable slump. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Aluminium bar consumption peaked at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Aluminium Bar Production in Austria

In value terms, aluminium bar production contracted to $X in 2019 estimated in export prices. Overall, production showed a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Aluminium bar production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Aluminium Bar Exports

Exports from Austria

After four years of growth, overseas shipments of aluminium bars, rods and profiles decreased by -X% to X tonnes in 2019. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2011 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, aluminium bar exports shrank to $X in 2019. Over the period under review, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for aluminium bar exports from Austria, with a X% share of total exports. Moreover, aluminium bar exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tonnes), ninefold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) remains the key foreign market for aluminium bar exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

The average aluminium bar export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the export price showed a slight downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2019, the highest prices were recorded for prices to Slovenia ($X per tonne) and Serbia ($X per tonne), while the average price for exports to Norway ($X per tonne) and Belgium ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced a decline.

Aluminium Bar Imports

Imports into Austria

After five years of growth, purchases abroad of aluminium bars, rods and profiles decreased by -X% to X tonnes in 2019. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, aluminium bar imports contracted slightly to $X in 2019. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest supplier of aluminium bar to Austria, accounting for a X% share of total imports. Moreover, aluminium bar imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Turkey (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of aluminium bar to Austria, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Turkey (+X% per year).

Import Prices by Country

The average aluminium bar import price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2008; however, from 2009 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Switzerland ($X per tonne), while the price for Greece ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium bars, rods and profiles in the world?

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The countries with the highest volumes of aluminium bar consumption in 2019 were China (5.1M tonnes), the U.S. (2.9M tonnes) and Brazil (1.2M tonnes), together comprising 49% of global consumption.

What are the largest producers of aluminium bars, rods and profiles in the world?

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The country with the largest volume of aluminium bar production was China (6.1M tonnes), comprising approx. 31% of total volume. Moreover, aluminium bar production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. The third position in this ranking was occupied by Brazil (1.2M tonnes), with a 6.2% share.

What are the leading suppliers of aluminium bars, rods and profiles to Austria?

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In value terms, Germany ($134M) constituted the largest supplier of aluminium bar to Austria, comprising 40% of total imports. The second position in the ranking was occupied by Italy ($38M), with a 11% share of total imports. It was followed by Turkey, with a 11% share.

What are the leading importers of aluminium bars, rods and profiles from Austria?

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In value terms, Germany ($350M) remains the key foreign market for aluminium bar exports from Austria, comprising 60% of total exports. The second position in the ranking was occupied by Switzerland ($42M), with a 7.1% share of total exports. It was followed by the Czech Republic, with a 4.5% share.

What is the average export price for aluminium bars, rods and profiles in Austria?

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In 2019, the average aluminium bar export price amounted to $4,425 per tonne, shrinking by -4.8% against the previous year.

What is the average import price for aluminium bars, rods and profiles in Austria?

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In 2019, the average aluminium bar import price amounted to $4,483 per tonne, growing by 3% against the previous year.