Australia - Carbides - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarbides Price in Australia - 2023
Contents:
- Carbides Price in Australia (CIF) - 2023
- Carbides Price in Australia (FOB) - 2022
- Carbides Imports in Australia
- Carbides Exports in Australia
Carbides Price in Australia (CIF) - 2023
In September 2023, the average carbides import price amounted to $1,556 per ton, falling by -23.6% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 341% m-o-m. As a result, import price reached the peak level of $6,569 per ton. From November 2022 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($1,557 per ton), while the price for Japan ($886 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbides Price in Australia (FOB) - 2022
In 2022, the average carbides export price amounted to $7,814 per ton, increasing by 226% against the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 525% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,874 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($16,067 per ton), while the average price for exports to Canada ($3,889 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 South Africa (+38.1%), while the prices for the other major destinations experienced mixed trend patterns.
Carbides Imports in Australia
In 2022, the amount of carbides imported into Australia rose sharply to 7.5K tons, picking up by 6% compared with 2021. The total import volume increased at an average annual rate of +6.7% 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 28%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, carbides imports soared to $24M in 2022. Over the period under review, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbides in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 4.2 | 6.7 | 8.5 | 29.7% |
| South Africa | 7.8 | 3.4 | 4.4 | 5.1 | -13.2% |
| Slovakia | 1.3 | 1.7 | 2.0 | 5.1 | 57.7% |
| Japan | N/A | N/A | N/A | 0.6 | 0% |
| Brazil | 0.3 | 0.3 | 0.1 | 0.4 | 10.1% |
| Hong Kong SAR | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| Malaysia | 1.2 | 0.4 | N/A | N/A | -66.7% |
| Others | 1.1 | 1.9 | 2.5 | 4.0 | 53.8% |
| Total | 15.6 | 12.0 | 15.9 | 23.9 | 15.3% |
Top Suppliers of Carbides to Australia in 2022:
- China (3.8K tons)
- Slovakia (2.6K tons)
- Japan (0.3K tons)
- Brazil (0.2K tons)
- Hong Kong SAR (0.2K tons)
- South Africa (0.1K tons)
Carbides Exports in Australia
For the third consecutive year, Australia recorded decline in shipments abroad of carbides, which decreased by -24.2% to 13 tons in 2022. In general, exports continue to indicate a sharp descent.
In value terms, carbides exports surged to $104K in 2022. Overall, exports saw a sharp descent.
| Export of Carbides in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | 1.5 | 32.1 | 2040.0% |
| Canada | N/A | N/A | N/A | 31.1 | 0% |
| China | N/A | 26.4 | N/A | 8.8 | -42.3% |
| India | N/A | N/A | N/A | 8.6 | 0% |
| Papua New Guinea | 120 | 11.3 | 13.3 | 6.9 | -61.4% |
| New Zealand | 42.0 | 3.9 | 11.6 | 4.8 | -51.5% |
| Philippines | N/A | 24.8 | 0.1 | 2.7 | -67.0% |
| Japan | 20.9 | N/A | N/A | N/A | 0% |
| United States | 13.7 | 208 | N/A | N/A | 1418.2% |
| French Polynesia | 5.3 | 10.0 | 10.2 | N/A | 38.7% |
| South Africa | N/A | 149 | N/A | N/A | 0% |
| Others | 0.8 | 2.3 | 5.2 | 8.5 | 119.8% |
| Total | 203 | 436 | 41.9 | 104 | -20.0% |
Top Export Markets for Carbides from Australia in 2022:
- Philippines (undefined tons)
- Canada (8.0 tons)
- Singapore (2.7 tons)
- Papua New Guinea (0.9 tons)
- New Zealand (0.9 tons)
- India (0.5 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the carbides market in Australia. 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 20136450 - Carbides whether or not chemically defined
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
-
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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