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

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

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Metal Rivet Price in Australia - 2023

Contents:

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

Metal Rivet Price in Australia (CIF) - 2022

The average metal rivet import price stood at $7,218 per ton in 2022, with a decrease of -7.7% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the maximum at $17,493 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($7,218 per ton) and Taiwan (Chinese) ($7,218 per ton), while the price for China ($7,218 per ton) and the UK ($7,218 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Rivet Price in Australia (FOB) - 2022

In 2022, the average metal rivet export price amounted to $8,473 per ton, increasing by 14% against the previous year. Overall, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 42% against the previous year. The export price peaked at $16,339 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($15,737 per ton), while the average price for exports to Indonesia ($4,997 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 (+6.2%), while the prices for the other major destinations experienced a decline.

Metal Rivet Imports in Australia

After three years of growth, purchases abroad of iron or steel rivets decreased by -15.8% to 813 tons in 2022. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 965 tons, and then declined remarkably in the following year.

In value terms, metal rivet imports shrank significantly to $5.9M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of $7.6M, and then reduced notably in the following year.

Import of Metal Rivet in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3011,4473,3271,86212.7%
United States1,6781,3441,4851,246-9.4%
Austria43453450363813.7%
Taiwan (Chinese)725914465635-4.3%
United Kingdom82.921758254387.1%
Germany15189.726326720.9%
Belgium346209158137-26.6%
New Zealand23543623581.9-29.6%
Others27739453345818.2%
Total5,2285,5847,5515,8693.9%

Top Suppliers of Metal Rivet to Australia in 2022:

  1. China (257.9 tons)
  2. United States (172.7 tons)
  3. Austria (88.4 tons)
  4. Taiwan (Chinese) (88.0 tons)
  5. United Kingdom (75.3 tons)
  6. Germany (37.0 tons)
  7. Belgium (19.0 tons)
  8. New Zealand (11.3 tons)

Metal Rivet Exports in Australia

In 2022, metal rivet exports from Australia soared to 295 tons, rising by 199% against the previous year. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal rivet exports soared to $2.5M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Metal Rivet in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.215.31301,033179.7%
New Zealand19353137750537.8%
China41.234.40.4449121.7%
BarbadosN/AN/AN/A2110%
EgyptN/AN/AN/A78.90%
Indonesia21.061.234.926.17.5%
Hong Kong SAR67.2N/A3.3N/A-77.8%
Others1623051891925.8%
Total5319467342,49567.5%

Top Export Markets for Metal Rivet from Australia in 2022:

  1. Hong Kong SAR (undefined tons)
  2. United States (133.9 tons)
  3. New Zealand (77.7 tons)
  4. China (28.5 tons)
  5. Barbados (25.9 tons)
  6. Egypt (7.7 tons)
  7. Indonesia (5.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal rivet 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 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)

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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