Austria: Base Metal Hook Market 2024

Base Metal Hook Market Size in Austria

In 2022, the Austrian base metal hook market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a noticeable contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Base Metal Hook Production in Austria

In value terms, base metal hook production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Base Metal Hook Exports

Exports from Austria

In 2022, overseas shipments of base metal hooks, eyes and eyelets decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, base metal hook exports contracted modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then reduced modestly in the following year.

Exports by Country

Slovenia (X tons) was the main destination for base metal hook exports from Austria, accounting for a X% share of total exports. It was followed by Germany (X tons), with a X% share of total exports. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovenia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Poland (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for base metal hooks, eyes and eyelets exports from Austria, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

In 2022, the average base metal hook export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Slovenia ($X 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 Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Hook Imports

Imports into Austria

In 2022, the amount of base metal hooks, eyes and eyelets imported into Austria contracted notably to X tons, reducing by X% against the previous year. Overall, imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, base metal hook imports expanded markedly to $X in 2022. In general, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Slovenia (X tons), Germany (X tons) and Croatia (X tons) were the main suppliers of base metal hook imports to Austria, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of base metal hooks, eyes and eyelets to Austria, comprising X% of total imports. The second position in the ranking was held by Slovenia ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average base metal hook import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform