Price for Chain; Articulated Link, Roller, of Iron or Steel in Austria - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Austria (CIF) - 2023
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Austria (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Austria
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Austria

Price for Chain; Articulated Link, Roller, of Iron or Steel in Austria (CIF) - 2023

The average import price for chain; articulated link, roller, of iron or steel stood at $17,492 per ton in October 2023, waning by -25.8% against the previous month. Overall, import price indicated pronounced growth from October 2022 to October 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for chain; articulated link, roller, of iron or steel increased by +32.1% against August 2023 indices. The growth pace was the most rapid in December 2022 an increase of 87% m-o-m. Over the period under review, average import prices reached the peak figure at $23,585 per ton in September 2023, and then dropped significantly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($171K per ton), while the price for China ($5,053 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Austria (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $16,667 per ton in 2022, with an increase of 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 when the average export price increased by 11%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($41,642 per ton), while the average price for exports to the Czech Republic ($8,610 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 Hungary (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Austria

In 2022, supplies from abroad of chain; articulated link, roller, of iron or steel increased by 0.9% to 4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a slight setback.

In value terms, imports of chain; articulated link, roller, of iron or steel expanded to $46M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 17%.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Austria in 2022:

1. Germany (2332.5 tons)
2. China (442.7 tons)
3. Italy (440.7 tons)
4. Taiwan (Chinese) (284.3 tons)
5. Japan (168.2 tons)
6. Czech Republic (142.4 tons)
7. Netherlands (75.2 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Austria

After three years of growth, overseas shipments of chain; articulated link, roller, of iron or steel decreased by -0.8% to 900 tons in 2022. 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 throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of 907 tons, leveling off in the following year.

In value terms, exports of chain; articulated link, roller, of iron or steel totaled $15M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Austria in 2022:

1. Germany (383.9 tons)
2. Czech Republic (59.7 tons)
3. Hungary (44.3 tons)
4. France (41.6 tons)
5. Switzerland (41.5 tons)
6. Italy (38.0 tons)
7. Slovenia (37.0 tons)
8. Slovakia (34.6 tons)
9. United States (30.9 tons)
10. China (25.6 tons)
11. Serbia (18.1 tons)

Source: IndexBox Market Intelligence Platform