Australia - Baths Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Baths Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Metal Bath Price in Australia - 2023

Contents:

  1. Metal Bath Price in Australia (CIF) - 2022
  2. Metal Bath Price in Australia (FOB) - 2022
  3. Metal Bath Imports in Australia
  4. Metal Bath Exports in Australia

Metal Bath Price in Australia (CIF) - 2022

In 2022, the average metal bath import price amounted to $4.2 per unit, jumping by 49% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $4.3 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were New Zealand ($4.2 per unit) and Germany ($4.2 per unit), while the price for South Africa ($3.6 per unit) and China ($4.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Bath Price in Australia (FOB) - 2022

The average metal bath export price stood at $3.9 per unit in 2022, with an increase of 34% against the previous year. Overall, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 203%. As a result, the export price reached the peak level of $45 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($4.7 per unit) and Malaysia ($3.9 per unit), while the average price for exports to Papua New Guinea ($3.9 per unit) and Fiji ($3.9 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Bath Imports in Australia

In 2022, the amount of baths of iron or steel imported into Australia reduced markedly to 830K units, waning by -35.7% against 2021 figures. Overall, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 58%. As a result, imports reached the peak of 1.3M units, and then reduced rapidly in the following year.

In value terms, metal bath imports contracted modestly to $3.5M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of $3.6M, and then contracted modestly in the following year.

Import of Metal Bath in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,3911,2601,3911,173-5.5%
China58274673790615.9%
New Zealand0.8159843684849.1%
Portugal16926033836429.1%
South AfricaN/AN/AN/A1420%
Thailand158155194107-12.2%
Italy58.458.925.157.2-0.7%
Others95.085.982.619.4-41.1%
Total2,4542,7253,6103,45212.0%

Top Suppliers of Metal Bath to Australia in 2022:

  1. Germany (277.2K units)
  2. China (222.5K units)
  3. New Zealand (161.6K units)
  4. Portugal (86.5K units)
  5. South Africa (39.0K units)
  6. Thailand (25.3K units)
  7. Italy (13.6K units)

Metal Bath Exports in Australia

After two years of decline, shipments abroad of baths of iron or steel increased by 68% to 88K units in 2022. Overall, exports, however, recorded a pronounced contraction. Over the period under review, the exports reached the maximum at 99K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metal bath exports skyrocketed to $347K in 2022. Over the period under review, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Metal Bath in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1.58.577.2220427.4%
MalaysiaN/A2.5N/A68.9425.0%
United States12.0N/AN/A30.035.7%
Papua New Guinea10.156.420.012.57.4%
Fiji36.78.97.09.8-35.6%
China50.8N/AN/AN/A0%
Singapore19.86.9N/AN/A-65.2%
Saudi Arabia67.46.7N/AN/A-90.1%
BahrainN/A19.4N/AN/A0%
Others42.966.950.15.4-49.9%
Total24117615434712.9%

Top Export Markets for Metal Bath from Australia in 2022:

  1. New Zealand (56.7K units)
  2. Malaysia (17.7K units)
  3. United States (6.4K units)
  4. Papua New Guinea (3.2K units)
  5. Fiji (2.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal bath 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 25991127 - Baths of iron or steel

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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