Austria: Metal Cutting Shear Market 2024

Metal Cutting Shear Market Size in Austria

In 2022, the Austrian metal cutting shear market increased by X% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, showed a noticeable curtailment. Metal cutting shear consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Metal Cutting Shear Production in Austria

In value terms, metal cutting shear production rose notably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Metal Cutting Shear Exports

Exports from Austria

In 2022, after four years of growth, there was significant decline in overseas shipments of metal cutting shears and similar hand tools, when their volume decreased by X% to X tons. Overall, exports, however, saw strong growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, metal cutting shear exports declined rapidly to $X in 2022. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Germany (X tons) and Poland (X tons) were the main destinations of metal cutting shear exports from Austria, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal cutting shear exported from Austria were France ($X), Germany ($X) and Hungary ($X), together accounting for X% of total exports. The Czech Republic, Poland, Romania, Sweden, Slovakia, Slovenia, Norway, Italy, Croatia and Denmark lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal cutting shear export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a slight curtailment. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Croatia ($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 Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports into Austria

In 2022, approx. X tons of metal cutting shears and similar hand tools were imported into Austria; waning by X% compared with 2021. Overall, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, metal cutting shear imports contracted to $X in 2022. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of metal cutting shear imports to Austria, together comprising X% of total imports. Spain lagged somewhat behind, comprising a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of metal cutting shears and similar hand tools to Austria, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, 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: China (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average metal cutting shear import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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