Austria - Base Metal Hinges - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hinge Price in Austria - 2023
Contents:
- Base Metal Hinge Price in Austria (FOB) - 2023
- Base Metal Hinge Price in Austria (CIF) - 2023
- Base Metal Hinge Exports in Austria
- Base Metal Hinge Imports in Austria
Base Metal Hinge Price in Austria (FOB) - 2023
In June 2023, the average base metal hinge export price amounted to $13,058 per ton, approximately equating the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices attained the maximum in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($16,270 per ton), while the average price for exports to Japan ($7,156 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 Russia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Hinge Price in Austria (CIF) - 2023
In June 2023, the average base metal hinge import price amounted to $14,755 per ton, waning by -11.9% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in January 2023 when the average import price increased by 15% month-to-month. The import price peaked at $16,744 per ton in May 2023, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($21,450 per ton), while the price for Denmark ($3,779 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Hinge Exports in Austria
In 2022, after three years of growth, there was significant decline in overseas shipments of base metal hinges, when their volume decreased by -20.8% to 50K tons. In general, exports showed a mild curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 64K tons, and then shrank notably in the following year.
In value terms, base metal hinge exports shrank to $629M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; 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 30% against the previous year. As a result, the exports reached the peak of $718M, and then fell in the following year.
Export of Base Metal Hinge in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 89.8 | 91.0 | 133 | 91.3 | 0.6% |
United States | 52.3 | 54.6 | 72.4 | 85.6 | 17.8% |
Germany | 44.4 | 45.9 | 55.5 | 50.5 | 4.4% |
Poland | 49.5 | 56.0 | 45.5 | 44.9 | -3.2% |
Italy | 27.9 | 29.6 | 38.3 | 40.0 | 12.8% |
United Kingdom | 27.7 | 24.2 | 34.1 | 29.2 | 1.8% |
Canada | 21.0 | 22.5 | 32.2 | 26.7 | 8.3% |
Australia | 19.2 | 22.6 | 28.3 | 20.2 | 1.7% |
France | 14.0 | 13.1 | 18.4 | 16.3 | 5.2% |
Switzerland | 18.5 | 18.5 | 22.9 | 15.7 | -5.3% |
Russia | 20.1 | 24.0 | 32.9 | 13.0 | -13.5% |
Japan | 12.3 | 11.2 | 11.5 | 12.8 | 1.3% |
Romania | 6.7 | 7.6 | 9.7 | 9.9 | 13.9% |
Others | 124 | 133 | 183 | 173 | 11.7% |
Total | 527 | 553 | 718 | 629 | 6.1% |
Top Export Markets for Base Metal Hinge from Austria in 2022:
- China (9.8K tons)
- United States (7.3K tons)
- Poland (3.9K tons)
- Germany (3.7K tons)
- Italy (2.6K tons)
- United Kingdom (2.5K tons)
- Japan (1.9K tons)
- Canada (1.7K tons)
- Russia (1.4K tons)
- Australia (1.3K tons)
- France (1.1K tons)
- Romania (1.0K tons)
- Switzerland (1.0K tons)
Base Metal Hinge Imports in Austria
In 2022, approx. 7.3K tons of base metal hinges were imported into Austria; waning by -13.6% compared with 2021 figures. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of 8.4K tons, and then fell in the following year.
In value terms, base metal hinge imports dropped to $90M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports reached the peak of $100M, and then fell in the following year.
Import of Base Metal Hinge in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 42.0 | 45.8 | 49.0 | 53.9 | 8.7% |
Switzerland | 13.4 | 12.7 | 19.8 | 18.8 | 11.9% |
Italy | 7.1 | 4.0 | 5.0 | 4.5 | -14.1% |
Poland | 1.8 | 3.8 | 16.5 | 3.6 | 26.0% |
China | 2.0 | 0.9 | 1.2 | 2.1 | 1.6% |
Hungary | 1.5 | 1.2 | 2.1 | 1.3 | -4.7% |
Denmark | N/A | 0.2 | 0.5 | 0.4 | 41.4% |
Others | 8.4 | 4.5 | 6.3 | 5.4 | -13.7% |
Total | 76.3 | 73.1 | 100 | 90.0 | 5.7% |
Top Suppliers of Base Metal Hinge to Austria in 2022:
- Germany (3615.0 tons)
- Switzerland (2120.3 tons)
- Poland (390.4 tons)
- Italy (369.0 tons)
- China (289.2 tons)
- Denmark (130.9 tons)
- Hungary (106.2 tons)
This report provides an in-depth analysis of the base metal hinge 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 25721410 - Base metal hinges
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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