Austria: Market for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Austria

In 2022, after five years of growth, there was significant decline in the Austrian market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed resilient growth. Consumption of peaked at $X in 2021, and then declined significantly in the following year.

Production of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Austria

In value terms, production of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Austria

In 2022, overseas shipments of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips shrank notably to $X in 2022. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips from Austria, with a X% share of total exports. Moreover, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips to Germany exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and the United States (X% per year).

In value terms, Germany ($X) remains the key foreign market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips exports from Austria, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, 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: the United States (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, falling by X% against the previous year. In general, the export price, however, recorded measured growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then reduced slightly in the following year.

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

Imports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Austria

In 2022, purchases abroad of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2021, and then declined significantly in the following year.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips dropped significantly to $X in 2022. Overall, imports, however, recorded slight growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports of attained the maximum at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of unmounted tool inserts, sticks or plates to Austria, with a X% share of total imports. Moreover, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips from Germany exceeded the figures recorded by the second-largest supplier, Luxembourg (X tons), sevenfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X), the Netherlands ($X) and Luxembourg ($X) appeared to be the largest unmounted tool inserts, sticks or plates suppliers to Austria, with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price, however, showed a mild downturn. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :