Austria - Aluminum (Unwrought, Not Alloyed) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Austria - Aluminum (Unwrought, Not Alloyed) - Market Analysis, Forecast, Size, Trends And Insights

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Aluminium Price in Austria - 2023

Contents:

  1. Aluminium Price in Austria (CIF) - 2023
  2. Aluminium Price in Austria (FOB) - 2023
  3. Aluminium Imports in Austria
  4. Aluminium Exports in Austria

Aluminium Price in Austria (CIF) - 2023

The average aluminium import price stood at $2,717 per ton in June 2023, stabilizing at the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 6.9% month-to-month. The import price peaked at $3,029 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from New Zealand ($3,362 per ton) and Bahrain ($2,761 per ton), while the price for the Netherlands ($2,686 per ton) and Italy ($2,755 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced a decline.

Aluminium Price in Austria (FOB) - 2023

The average aluminium export price stood at $3,630 per ton in June 2023, declining by -4.4% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 20% against the previous month. The export price peaked at $4,032 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($6,114 per ton), while the average price for exports to Finland ($3,311 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Imports in Austria

After two years of decline, overseas purchases of aluminum (unwrought, not alloyed) increased by 117% to 204K tons in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium imports skyrocketed to $614M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands79.734.686.752387.2%
Germany29.932.516.646.115.5%
France5.825.116.414.034.1%
Italy3.94.65.811.945.0%
South Africa24.411.81.80.9-66.7%
Russia67.326.01.40.2-85.6%
Canada29.51.141.10.1-85.0%
Iceland45.941.066.1N/A20.0%
Others39.440.215.417.6-23.6%
Total32621725161423.5%

Top Suppliers of Aluminium to Austria in 2022:

  1. Canada (undefinedK tons)
  2. Russia (undefinedK tons)
  3. Netherlands (165.2K tons)
  4. Germany (25.0K tons)
  5. France (4.2K tons)
  6. Italy (3.4K tons)
  7. South Africa (0.3K tons)

Aluminium Exports in Austria

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminum (unwrought, not alloyed), when their volume decreased by -25.5% to 2.9K tons. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 158% against the previous year. As a result, the exports attained the peak of 3.9K tons, and then dropped significantly in the following year.

In value terms, aluminium exports expanded sharply to $11M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 163%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Aluminium in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.32.56.15.965.6%
NorwayN/A0.21.32.4246.4%
FinlandN/A0.21.31.2144.9%
Hungary0.70.31.20.70.0%
United Kingdom0.30.30.30.518.6%
Czech Republic0.20.1N/A0.1-20.6%
Others0.20.50.40.1-20.6%
Total2.74.010.511.059.7%

Top Export Markets for Aluminium from Austria in 2022:

  1. Germany (1485.8 tons)
  2. Norway (690.0 tons)
  3. Finland (368.0 tons)
  4. Hungary (187.8 tons)
  5. United Kingdom (106.6 tons)
  6. Czech Republic (48.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24421130 - Unwrought non-alloy aluminium (excluding powders and flakes)

Country coverage:

  • Austria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Austria
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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