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Precious & Non-Ferrous Metal Manufacturing in Austria - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

AT-C242 June 2024 Factsheet

Revenue

€5.7bn

2019-2024 2.0 %
2024-2029 X.X %

Employees

9,909

2019-2024 2.2 %
2024-2029 X.X %

Businesses

47

2019-2024 0.0 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Precious & Non-Ferrous Metal Manufacturing in Austria market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Austria compared to Europe?

Country Benchmarking

Industry Data Austria

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#11 In Europe
Business
#16 In Europe
Employees
#9 In Europe
Wages
#4 In Europe

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Europe's Precious and Non-Ferrous Metal Manufacturing industry has had a volatile run recently, heavily impacted by fluctuating metal prices and the far-reaching effects of COVID-19. A significant presence scattered across the continent, including Germany, France, Italy, and Eastern Europe, ensures a highly competitive market. However, it's also laden with challenges due to growing imports from cost-effective Asian countries, primarily China. The high volatility in metal prices, coupled with a drop in demand from various sectors during COVID-19 and recent inflationary pressures, have weighed on industry revenue. Revenue is projected to contract at a compound annual rate of 6.5% to €210 billion over the five years through 2024.

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Enterprises
Number of businesses in 2024

Biggest companies in the Precious & Non-Ferrous Metal Manufacturing in Austria

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
Glencore plc
236,429.0
21,421.1
9.1
Aurubis AG
17,149.0
162.1
0.9
Norilsk Nickel
15,997.5
7,227.7
45.2

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Top Questions Answered in this Report

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What is the market size of the Precious & Non-Ferrous Metal Manufacturing industry in Austria in 2024?

The market size of the Precious & Non-Ferrous Metal Manufacturing industry in Austria is €5.7bn in 2024. 

How many businesses are there in the Precious & Non-Ferrous Metal Manufacturing in Austria industry in 2024?

There are 47 businesses in the Precious & Non-Ferrous Metal Manufacturing industry in Austria, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Precious & Non-Ferrous Metal Manufacturing industry in Austria grown or declined over the past 5 years?

The market size of the Precious & Non-Ferrous Metal Manufacturing industry in Austria has been declining at a CAGR of 0.0 % between 2019 and 2024. 

What is the forecast growth of the Precious & Non-Ferrous Metal Manufacturing industry in Austria over the next 5 years?

Over the next five years, the Precious & Non-Ferrous Metal Manufacturing industry in Austria is expected to decline.

What are the biggest companies in the Precious & Non-Ferrous Metal Manufacturing market in Austria?

The biggest companies operating in the Precious & Non-Ferrous Metal Manufacturing market in Austria are Glencore plc, Aurubis AG and Norilsk Nickel

What does the Precious & Non-Ferrous Metal Manufacturing in Austria include?

Aluminium and Precious metals are part of the Precious & Non-Ferrous Metal Manufacturing industry.

Which companies have the highest market share in the Precious & Non-Ferrous Metal Manufacturing in Austria?

The company holding the most market share in Austria is Glencore plc.

How competitive is the Precious & Non-Ferrous Metal Manufacturing industry in Austria?

The level of competition is moderate and steady in the Precious & Non-Ferrous Metal Manufacturing industry in Austria.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

This industry includes the production of metals like aluminium, gold, silver, platinum and copper. The manufacturing of lead, zinc and tin and other non-ferrous metals are included. Nuclear fuel processing is also part of the industry. Production can be carried out either by mining or by recycling scrap.

Related Terms

ALLOYREFININGELECTROLYSISNON-FERROUS METALS

What's included in this industry?

AluminiumPrecious metalsCopperLead, zinc and tinProcessing of nuclear fuelOther non-ferrous metal

Companies

Glencore plcAurubis AGNorilsk Nickel

Industry Code

ISIC 2006

242 - Manufacture of basic precious and other non-ferrous metals in Austria

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Precious & Non-Ferrous Metal Manufacturing in Austria industry?


Outlook

Analysis

What's driving the Precious & Non-Ferrous Metal Manufacturing in Austria industry outlook?


Volatility

Analysis

What influences volatility in the Precious & Non-Ferrous Metal Manufacturing in Austria industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Precious & Non-Ferrous Metal Manufacturing in Austria industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

European companies are revolutionising metal alloys using advanced tech. This innovation allows for durable, lightweight materials that fuel greener futures in industries like automotive and aerospace.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Precious & Non-Ferrous Metal Manufacturing in Austria industry's products and services performing?

Analysis

What are innovations in the Precious & Non-Ferrous Metal Manufacturing in Austria industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Precious & Non-Ferrous Metal Manufacturing in Austria industry?


International Trade

Highlights

  • Total Imports into Austria
  • Total Exports into Austria
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Market share concentration is driven largely by operational efficiency. Successful manufacturers gain a competitive edge by optimising their refining processes, production methods and waste management, which lowers costs and enhances productivity.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Precious & Non-Ferrous Metal Manufacturing in Austria located?

Companies

Data Tables

Top 10 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Manufacturers are provided with some assistance. The European government offers some subsidies and grants, including the European Raw Materials Fund, while trade associations like Eurometaux advocate for favourable regulations.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Precious & Non-Ferrous Metal Manufacturing in Austria industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Metal prices have been rising but so have production costs. Technological advancements boost profitability, yet high raw material prices and the energy crisis weigh on manufacturers' profit.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Precious & Non-Ferrous Metal Manufacturing in Austria industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.