Austria - Aluminium - Market Analysis, Forecast, Size, Trends And Insights

Austria: Aluminium Market Overview 2020

Aluminium Market Size in Austria

The revenue of the aluminium market in Austria amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, aluminium consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the aluminium market attained its maximum level at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Aluminium Exports

Exports from Austria

Aluminium exports from Austria totaled X tonnes in 2018, going down by -X% against the previous year. Overall, aluminium exports continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. In that year, aluminium exports reached their peak of X tonnes. From 2012 to 2018, the growth of aluminium exports failed to regain its momentum.

In value terms, aluminium exports amounted to $X in 2018. Over the period under review, aluminium exports continue to indicate a deep deduction. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Austria exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Canada (X tonnes) and Russia (X tonnes) represented roughly X% of total exports of aluminum (unwrought, not alloyed) in 2018. India (X tonnes) ranks next in terms of the total exports with a X% share, followed by Australia (X%), Malaysia (X%), the United Arab Emirates (X%), Iceland (X%) and the Netherlands (X%). South Africa (X tonnes), Mozambique (X tonnes), Kazakhstan (X tonnes) and New Zealand (X tonnes) took a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium markets from Austria were Canada ($X), Russia ($X) and India ($X), with a combined X% share of total exports. These countries were followed by Australia, Iceland, the Netherlands, the United Arab Emirates, Malaysia, Mozambique, South Africa, Kazakhstan, New Zealand and Austria, which together accounted for a further X terms of the main exporting countries, Malaysia experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The aluminium export price in Austria stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the aluminium export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the export price increased by X% y-o-y. Over the period under review, the export prices for aluminum (unwrought, not alloyed) attained their maximum at $X per tonne in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced a decline in the export price figures.

Aluminium Imports

Imports into Austria

In 2018, the amount of aluminum (unwrought, not alloyed) imported into Austria stood at X tonnes, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, aluminium imports attained their peak figure at X tonnes in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, aluminium imports stood at $X in 2018. Over the period under review, aluminium imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Austria imports peaked at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Japan (X tonnes), South Korea (X tonnes), Germany (X tonnes), Turkey (X tonnes), the Netherlands (X tonnes) and Italy (X tonnes) represented the main importers of aluminum (unwrought, not alloyed), together comprising X% of total imports. Malaysia (X tonnes), Taiwan, Chinese (X tonnes), Thailand (X tonnes), Mexico (X tonnes) and Norway (X tonnes) held a relatively small share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Malaysia (+X%), Mexico (+X%), Turkey (+X%), Thailand (+X%), Taiwan, Chinese (+X%), Italy (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The Netherlands and Germany experienced a relatively flat trend pattern. By contrast, Japan (-X%) and Norway (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), Malaysia (+X p.p.) and Turkey (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest aluminium importing markets into Austria were the U.S. ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports. Germany, Turkey, the Netherlands, Italy, Malaysia, Taiwan, Chinese, Thailand, Mexico, Norway and Austria lagged somewhat behind, together comprising a further X terms of the main importing countries, Malaysia recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The aluminium import price in Austria stood at $X per tonne in 2018, going up by X% against the previous year. In general, the aluminium import price, however, continues to indicate a temperate shrinkage. The pace of growth was the most pronounced in 2010 when the import price increased by X% y-o-y. Over the period under review, the import prices for aluminum (unwrought, not alloyed) attained their maximum at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Germany ($X per tonne) and Thailand ($X per tonne), while South Korea ($X per tonne) and the U.S. ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform