Austria: Aluminium Bar Market Overview 2020

Aluminium Bar Market Size in Austria

The revenue of the aluminium bar market in Austria amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, aluminium bar consumption continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Aluminium bar consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Aluminium Bar Production in Austria

In value terms, aluminium bar production stood at $X in 2018 estimated in export prices. Over the period under review, aluminium bar production continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Over the period under review, aluminium bar production attained its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Aluminium Bar Exports

Exports from Austria

In 2018, the amount of aluminium bars, rods and profiles exported from Austria amounted to X tonnes, waning by -X% against the previous year. In general, aluminium bar exports continue to indicate a slight deduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, aluminium bar exports attained their maximum at X tonnes in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

In value terms, aluminium bar exports totaled $X in 2018. Over the period under review, aluminium bar exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, aluminium bar exports attained their peak figure at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Germany (X tonnes) was the main destination for aluminium bar exports from Austria, accounting for a X% share of total exports. Moreover, aluminium bar exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tonnes), tenfold. The Netherlands (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, 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 ($X) remains the key foreign market for aluminium bar exports from Austria, comprising X% of total aluminium bar exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Germany totaled -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

In 2018, the average aluminium bar export price amounted to $X per tonne, picking up by X% against the previous year. In general, the aluminium bar export price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for aluminium bars, rods and profiles attained their maximum at $X per tonne in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, 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 more modest paces of growth.

Aluminium Bar Imports

Imports into Austria

In 2018, the aluminium bar imports into Austria amounted to X tonnes, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, aluminium bar imports stood at $X in 2018. In general, the total imports indicated slight growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium bar imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, aluminium bar imports reached their peak figure at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest aluminium bar supplier 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. Turkey (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, 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 ($X) constituted the largest supplier of aluminium bar to Austria, comprising X% of total aluminium bar imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2007 to 2018, the average annual growth rate of value 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).

Import Prices by Country

The average aluminium bar import price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the aluminium bar import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Switzerland ($X per tonne), while the price for Romania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Switzerland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform