Australia - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Self-Tapping Screw Price in Australia - 2023
Contents:
- Metal Self-Tapping Screw Price in Australia (CIF) - 2022
- Metal Self-Tapping Screw Price in Australia (FOB) - 2022
- Metal Self-Tapping Screw Imports in Australia
- Metal Self-Tapping Screw Exports in Australia
Metal Self-Tapping Screw Price in Australia (CIF) - 2022
In 2022, the average metal self-tapping screw import price amounted to $5,384 per ton, picking up by 5% against the previous year. Overall, the import price saw a buoyant increase. The growth pace was the most rapid in 2018 an increase of 72%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($5,384 per ton), while the price for China ($5,384 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Self-Tapping Screw Price in Australia (FOB) - 2022
The average metal self-tapping screw export price stood at $5,181 per ton in 2022, with an increase of 4.6% against the previous year. In general, the export price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 an increase of 36%. The export price peaked at $7,713 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($14,337 per ton), while the average price for exports to Thailand ($1,198 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 Korea (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Self-Tapping Screw Imports in Australia
In 2022, approx. 16K tons of iron or steel self-tapping screws were imported into Australia; surging by 15% against 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 +51.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 32%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, metal self-tapping screw imports soared to $84M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Metal Self-Tapping Screw in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 29.4 | 28.4 | 33.4 | 45.5 | 15.7% |
| China | 12.9 | 15.0 | 31.0 | 32.4 | 35.9% |
| Vietnam | 1.2 | 1.1 | 2.0 | 2.0 | 18.6% |
| Others | 3.6 | 3.3 | 3.1 | 3.8 | 1.8% |
| Total | 47.1 | 47.8 | 69.5 | 83.8 | 21.2% |
Top Suppliers of Metal Self-Tapping Screw to Australia in 2022:
- Taiwan (Chinese) (8.5K tons)
- China (6.0K tons)
- Vietnam (0.4K tons)
Metal Self-Tapping Screw Exports in Australia
In 2022, overseas shipments of iron or steel self-tapping screws decreased by -54.8% to 217 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 480 tons, and then reduced remarkably in the following year.
In value terms, metal self-tapping screw exports shrank significantly to $1.1M in 2022. Overall, exports recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 when exports increased by 63%. As a result, the exports attained the peak of $2.4M, and then contracted significantly in the following year.
| Export of Metal Self-Tapping Screw in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 711 | 679 | 1,235 | 587 | -6.2% |
| United States | 50.5 | 65.4 | 77.9 | 250 | 70.4% |
| Indonesia | 44.1 | 56.4 | 60.6 | 77.4 | 20.6% |
| Fiji | 148 | 153 | 547 | 75.9 | -20.0% |
| Hong Kong SAR | N/A | 9.0 | N/A | 38.1 | 105.8% |
| China | 20.3 | 67.0 | 40.0 | 23.9 | 5.6% |
| Papua New Guinea | 124 | 102 | 133 | 7.6 | -60.6% |
| Thailand | 72.3 | 68.0 | 10.2 | 2.5 | -67.4% |
| Others | 83.8 | 261 | 273 | 62.0 | -9.6% |
| Total | 1,254 | 1,461 | 2,377 | 1,125 | -3.6% |
Top Export Markets for Metal Self-Tapping Screw from Australia in 2022:
- New Zealand (117.0 tons)
- United States (42.8 tons)
- Fiji (24.0 tons)
- China (12.8 tons)
- Indonesia (6.5 tons)
- Hong Kong SAR (6.0 tons)
- Thailand (2.1 tons)
- Papua New Guinea (0.9 tons)
This report provides an in-depth analysis of the metal self-tapping screw 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 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)
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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