Austria’s aluminium scrap export remains enterprising during 2017-19; Projected 1.82% de-growth in 2020, earnings remains positive

Austria is a highly developed industrialized country with an important service sector. The most important industries are mechanical engineering, metals, construction, chemicals, electronics and vehicle manufacturing.

Aluminium scrap export of Austria during 2017-19 remained enterprising market, as the export volume stood at 429,243 tonnes and the earning remained at $361.49 million. The estimated for export for 2020 has been kept at 164,070 tonnes and the revenue earnings to stay up at $169.50 million. When the analysed export volume and earnings of 2020 get summed with the preceding three years it reflects 593,313 tonnes and $530.99 million respectively.

Austria’s aluminium scrap export in 2017 has been recorded at 95,099 tonnes and the earning stood at $61.83 million, whereas the scrap export in 2018 saw growth by 75.64%, as export volume remained at 167,032 tonnes and the earnings rose to $142.76 million.

In 2019, the European nation’s aluminium scrap export retained its growth but with marginal value of 0.047%, as the export volume stands at 167,112 tonnes, however, the earnings saw its growth by 9.90%, as it rose to $156.90 million.

Projected export for 2020 has been analysed with 1.82% de-growth, as the volume to remain at 164,070 tonnes, while earnings still showcase growth by 8.03%.

The major importing nations for Austria’s aluminium scrap export are Czech Rep., Belgium, Denmark, France, Germany, Greece, Hungary, India, Luxembourg, Italy, Netherlands, Poland, Romania, etc.