Australia - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Chain Price in Australia - 2023
Contents:
- Metal Chain Price in Australia (CIF) - 2022
- Metal Chain Price in Australia (FOB) - 2022
- Metal Chain Imports in Australia
- Metal Chain Exports in Australia
Metal Chain Price in Australia (CIF) - 2022
The average metal chain import price stood at $7,995 per ton in 2022, rising by 3.3% against the previous year. In general, the import price recorded a moderate increase. The growth pace was the most rapid in 2016 when the average import price increased by 373%. As a result, import price reached the peak level of $22,089 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($18,250 per ton), while the price for China ($3,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Chain Price in Australia (FOB) - 2022
The average metal chain export price stood at $8,233 per ton in 2022, growing by 16% against the previous year. Over the period under review, the export price showed a pronounced increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 114%. The export price peaked at $11,617 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($38,000 per ton), while the average price for exports to Colombia ($2,597 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 China (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Chain Imports in Australia
In 2022, the amount of iron or steel chain imported into Australia contracted to 1.8K tons, declining by -10% against 2021 figures. Overall, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of 2K tons, and then contracted in the following year.
In value terms, metal chain imports contracted to $14M in 2022. In general, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by 7.2%. As a result, imports attained the peak of $15M, and then contracted in the following year.
| Import of Metal Chain in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.3 | 6.3 | 4.5 | 5.1 | -1.3% |
| China | 5.0 | 3.5 | 4.5 | 4.4 | -4.2% |
| Germany | 2.3 | 1.6 | 3.0 | 1.5 | -13.3% |
| Italy | 0.5 | 0.4 | 0.4 | 0.7 | 11.9% |
| Taiwan (Chinese) | 0.5 | 0.5 | 0.5 | 0.6 | 6.3% |
| South Africa | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| South Korea | 0.5 | 0.5 | 0.5 | 0.2 | -26.3% |
| Sweden | 0.2 | 0.3 | 0.2 | N/A | 0.0% |
| Others | 0.8 | 1.2 | 1.4 | 1.4 | 20.5% |
| Total | 15.2 | 14.3 | 15.3 | 14.3 | -2.0% |
Top Suppliers of Metal Chain to Australia in 2022:
- China (1113.2 tons)
- United States (320.5 tons)
- Germany (80.8 tons)
- South Africa (54.8 tons)
- Italy (39.4 tons)
- South Korea (38.1 tons)
- Taiwan (Chinese) (34.6 tons)
- Sweden (1.4 tons)
Metal Chain Exports in Australia
In 2022, approx. 155 tons of iron or steel chain were exported from Australia; reducing by -31% against the previous year. Overall, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 80% against the previous year. As a result, the exports attained the peak of 224 tons, and then declined notably in the following year.
In value terms, metal chain exports reduced remarkably to $1.3M in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 9.7%.
| Export of Metal Chain in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 179 | 59.8 | 125 | 361 | 26.3% |
| New Zealand | 438 | 255 | 309 | 326 | -9.4% |
| Indonesia | 103 | 51.0 | 146 | 180 | 20.5% |
| United States | 253 | 224 | 20.0 | 61.9 | -37.5% |
| Fiji | 25.1 | 240 | 3.7 | 29.8 | 5.9% |
| Colombia | N/A | N/A | N/A | 29.4 | 0% |
| Singapore | 139 | 90.8 | 542 | 28.8 | -40.8% |
| Thailand | 94.7 | 5.1 | 49.9 | 28.0 | -33.4% |
| Senegal | 0.7 | N/A | N/A | 27.9 | 241.6% |
| Cote d'Ivoire | 52.8 | 5.8 | 27.7 | 13.9 | -35.9% |
| Malaysia | 8.1 | 8.3 | 0.3 | 12.4 | 15.3% |
| China | 106 | 22.6 | 72.7 | 5.6 | -62.5% |
| Kenya | 94.5 | N/A | N/A | N/A | 0% |
| Others | 443 | 484 | 291 | 168 | -27.6% |
| Total | 1,937 | 1,446 | 1,586 | 1,273 | -13.1% |
Top Export Markets for Metal Chain from Australia in 2022:
- Papua New Guinea (52.7 tons)
- New Zealand (41.3 tons)
- Indonesia (18.2 tons)
- Colombia (11.3 tons)
- Singapore (5.8 tons)
- Fiji (3.5 tons)
- Senegal (3.1 tons)
- United States (3.0 tons)
- Malaysia (2.7 tons)
- Thailand (2.4 tons)
- Cote d'Ivoire (1.9 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the metal chain 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 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains
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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In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
848
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
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In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
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