Fittings for buildings market in Austria

Earlier Report Observations

The Austrian market for base metal mountings and fittings for buildings saw its value increase from 221 million $ US in 2018 to a peak of 382 million $ US in 2021, driven by European Union sustainability initiatives and construction regulations that promoted greener building practices. In physical terms, market volume fluctuated, reaching a high of 28 300 t in 2021.

The COVID-19 pandemic in 2020 led to global supply chain disruptions, while simultaneously shifting consumer preference towards durable and sustainable products, which contributed to a 45% surge in market value that year. Continued EU policy support for green technologies and stricter environmental labeling requirements further sustained market growth into 2021. However, from 2022, both production and market volume in tonnes contracted significantly, with physical consumption falling to 15 500 t by 2023.

Throughout the period, demand for energy-efficient and environmentally friendly fittings, influenced by EU directives and consumer preferences, remained a persistent market theme, even as overall volume declined after 2021.

Production fittings for buildings in Austria

In value, 2017-2020, M $ US

In 2020, Austria's production of fittings for buildings reached a value of 448.0 million US dollars, showing a strong increase of 13.2% compared to the previous year. Over the period from 2017 to 2020, production grew by 6.4%, which translates to an annualized growth rate of 2.1%. The lowest production value was recorded in 2019 at 395.7 million US dollars, with the largest decline occurring that same year at 7.7%.

Annual dynamics of production in Austria in value, 2017-2020, M $ US

In kind, 2017-2020, t

Following two years of decline, Austria's production of fittings for buildings saw an upturn. In 2020, the country produced 53,676 tonnes of fittings for buildings, marking a modest increase of 2.0% from the previous year. From 2017 to 2020, overall production decreased by 8.9%, equivalent to an annualized decline of 3.0%. The lowest production volume was recorded in 2019 at 52,613 tonnes, with the largest drop also occurring that year at 7.2%.

Annual dynamics of production in Austria in kind, 2017-2020, t

Exports fittings for buildings from Austria

Exports in kind, t

Austria's exports of fittings for buildings declined for the second year in a row. In 2020, exports stood at 40,947 tonnes, representing a decrease of 7.1% from 2019. Between 2017 and 2020, exports increased by 8.8%, corresponding to an annualized growth rate of 2.9%. The highest export volume was recorded in 2018 at 45,484 tonnes, with the largest increase also occurring that year at 20.9%.

Annual dynamics of product's exports from Austria in kind, 2017-2020, t

From 2017 to 2020, Poland, Germany, and Russia were the core destinations for Austria's exports of fittings for buildings in volume terms. Poland accounted for 27.5% of exports, Germany for 23.9%, and Russia for 15.3%, together making up 66.7% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Austria in kind, 2017-2020

Exports in value, M $ US

Austria's exports of fittings for buildings in value terms fell for the second consecutive year. In 2020, exports amounted to 261.8 million US dollars, down by 17.3% from the previous year. Over the 2017-2020 period, exports increased by 5.3%, equating to an annualized growth rate of 1.7%. The peak export value was recorded in 2018 at 366.7 million US dollars, with the largest increase also occurring that year at 47.5%.

Annual dynamics of product's exports from Austria in value, 2017-2020, M $ US

From 2017 to 2020, Poland, Germany, and Italy remained the key partners for Austria's exports of fittings for buildings in value terms. Poland represented 27.0% of exports, Germany 24.7%, and Italy 9.9%, together accounting for 61.6% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Austria in value, 2017-2020

Imports fittings for buildings to Austria

Imports in kind, t

After two years of growth, Austria's imports of fittings for buildings in volume terms declined. In 2020, imports amounted to 15,270 tonnes, which is 10.5% lower than in 2019. Between 2017 and 2020, imports increased by 22.6%, corresponding to an annualized growth rate of 7.0%. The highest import volume was recorded in 2019 at 17,069 tonnes, with the largest increase occurring in 2018 at 26.8%.

Annual dynamics of product's imports to Austria in kind, 2017-2020, t

From 2017 to 2020, Germany, Russia, and China were the main sources for Austria's imports of fittings for buildings in volume terms. Germany accounted for 53.3% of imports, Russia for 15.2%, and China for 7.0%, together making up 75.6% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Austria in kind, 2017-2020

Imports in value, M $ US

Austria's imports of fittings for buildings in value terms increased for the third consecutive year. In 2020, imports reached 163.0 million US dollars, showing minimal change compared to the previous year. Over the 2017-2020 period, imports grew by 6.4%, with a compound annual growth rate of 2.1%.

Annual dynamics of product's imports to Austria in value, 2017-2020, M $ US

From 2017 to 2020, Germany, Italy, and China consistently held leading positions in Austria's import structure for fittings for buildings in value terms. Germany accounted for 62.1% of imports, Italy for 8.5%, and China for 6.3%, together representing 76.9% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Austria in value, 2017-2020