Austria: Iron Household Articles Market 2024

Iron Household Articles Market Size in Austria

In 2022, the Austrian iron household articles market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, the total consumption indicated slight growth 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Iron Household Articles Production in Austria

In value terms, iron household articles production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, posted significant growth. The growth pace was the most rapid in 2014 with an increase of X%. Iron household articles production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Iron Household Articles Exports

Exports from Austria

In 2022, shipments abroad of table, kitchen or household articles and parts of iron increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, iron household articles exports surged to $X in 2022. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), Germany (X tons) and Italy (X tons) were the main destinations of iron household articles exports from Austria, with a combined X% share of total exports. Slovakia, Poland, the United States, Romania, Canada, Belgium, Hungary, the Czech Republic, the Netherlands and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron household articles exported from Austria were Germany ($X), France ($X) and the United States ($X), with a combined X% share of total exports. Italy, Poland, Slovakia, Romania, Hungary, the Czech Republic, Canada, Belgium, the Netherlands and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron household articles export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

Iron Household Articles Imports

Imports into Austria

In 2022, imports of table, kitchen or household articles and parts of iron into Austria reduced to X tons, dropping by X% against 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, iron household articles imports contracted modestly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

Germany (X tons), China (X tons) and Slovakia (X tons) were the main suppliers of iron household articles imports to Austria, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of table, kitchen or household articles and parts of iron to Austria, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Slovakia, 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 Slovakia (X% per year).

Import Prices by Country

In 2022, the average iron household articles import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 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 Poland ($X per ton), while the price for Romania ($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 more modest paces of growth.

Source: IndexBox Platform

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