Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria (FOB) - 2023
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria (CIF) - 2022
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria (FOB) - 2023
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $20,061 per ton in October 2023, reducing by -27.6% against the previous month. Over the period under review, the export price continues to indicate a slight setback. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 75% month-to-month. As a result, the export price reached the peak level of $36,099 per ton. From August 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the United States ($51,685 per ton), while the average price for exports to the UK ($5,642 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $10,529 per ton, picking up by 7.3% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2018 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $16,324 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 the Czech Republic ($17,125 per ton), while the price for China ($6,345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria
Exports of iron or steel; non-threaded cotters and cotter-pinses from Austria reached 374 tons in 2022, increasing by 1.5% on 2021 figures. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses shrank slightly to $8.7M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports attained the peak of $9M, and then shrank slightly in the following year.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,055 | 3,532 | 4,941 | 4,157 | 0.8% |
| Italy | 362 | 368 | 509 | 496 | 11.1% |
| France | 322 | 325 | 415 | 459 | 12.5% |
| Slovenia | 623 | 519 | 316 | 370 | -15.9% |
| Czech Republic | 229 | 199 | 284 | 356 | 15.8% |
| Slovakia | 103 | 106 | 152 | 304 | 43.4% |
| Hungary | 314 | 324 | 266 | 296 | -1.9% |
| United Kingdom | 291 | 157 | 210 | 288 | -0.3% |
| Finland | 76.3 | 104 | 96.2 | 214 | 41.0% |
| Serbia | 27.8 | 26.1 | 23.2 | 139 | 71.0% |
| Romania | 67.7 | 65.5 | 93.0 | 127 | 23.3% |
| Russia | 79.3 | 154 | 123 | 107 | 10.5% |
| Poland | 46.0 | 52.3 | 63.7 | 79.3 | 19.9% |
| Others | 1,084 | 1,163 | 1,491 | 1,309 | 6.5% |
| Total | 7,682 | 7,095 | 8,984 | 8,700 | 4.2% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Austria in 2022:
- Germany (115.3 tons)
- Czech Republic (31.2 tons)
- Slovenia (25.3 tons)
- Serbia (21.3 tons)
- Slovakia (21.0 tons)
- Italy (20.9 tons)
- Hungary (18.3 tons)
- Russia (15.1 tons)
- France (13.9 tons)
- Finland (13.3 tons)
- Romania (11.8 tons)
- United Kingdom (10.1 tons)
- Poland (6.5 tons)
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria
Imports of iron or steel; non-threaded cotters and cotter-pinses into Austria shrank sharply to 523 tons in 2022, which is down by -19.8% against the year before. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 41%. As a result, imports attained the peak of 653 tons, and then declined dramatically in the following year.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses reduced to $5.5M in 2022. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $6.4M, and then shrank in the following year.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,105 | 2,684 | 2,881 | 2,512 | -15.1% |
| India | 494 | 471 | 1,302 | 489 | -0.3% |
| Italy | 282 | 379 | 503 | 461 | 17.8% |
| China | 246 | 81.5 | 220 | 423 | 19.8% |
| France | 434 | 239 | 304 | 389 | -3.6% |
| Czech Republic | 67.4 | 132 | 295 | 360 | 74.8% |
| Others | 673 | 642 | 896 | 876 | 9.2% |
| Total | 6,301 | 4,629 | 6,402 | 5,509 | -4.4% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Austria in 2022:
- Germany (265.3 tons)
- China (66.6 tons)
- Italy (60.1 tons)
- France (41.0 tons)
- India (30.7 tons)
- Czech Republic (21.0 tons)
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