Australia - Iron Or Steel Towers And Lattice Masts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Towers in Australia - 2023
Contents:
- Price for Iron or Steel Towers in Australia (CIF) - 2023
- Price for Iron or Steel Towers in Australia (FOB) - 2022
- Imports of Iron or Steel Towers in Australia
- Exports of Iron or Steel Towers in Australia
Price for Iron or Steel Towers in Australia (CIF) - 2023
In August 2023, the average iron or steel towers import price amounted to $8,205 per ton, increasing by 421% against the previous month. Overall, the import price saw a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was China ($37,979 per ton), while the price for India ($1,363 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Towers in Australia (FOB) - 2022
The average iron or steel towers export price stood at $3,482 per ton in 2022, surging by 22% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel towers export price decreased by -19.4% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 77%. Over the period under review, the average export prices hit record highs at $4,354 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,917 per ton), while the average price for exports to Thailand ($1,500 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 India (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Towers in Australia
Iron or steel towers imports into Australia surged to 149K tons in 2022, growing by 228% compared with the previous year. Overall, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron or steel towers imports surged to $268M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel Towers in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 117 | 33.4 | 19.5 | 143 | 6.9% |
| China | 16.3 | 32.1 | 47.7 | 122 | 95.6% |
| Malaysia | 12.0 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.7 | 2.3 | 2.3 | 79.2% |
| Total | 146 | 66.2 | 69.4 | 268 | 22.4% |
Top Suppliers of Iron or Steel Towers to Australia in 2022:
- Vietnam (79.3K tons)
- China (67.8K tons)
Exports of Iron or Steel Towers in Australia
In 2022, the amount of iron or steel towers and lattice masts exported from Australia reduced rapidly to 1K tons, dropping by -22.9% on the previous year. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 176% against the previous year.
In value terms, iron or steel towers exports fell to $3.5M in 2022. Overall, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 83%.
| Export of Iron or Steel Towers in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 4,395 | 1,404 | 1,892 | 1,722 | -26.8% |
| China | 2,073 | 222 | 79.8 | 529 | -36.6% |
| New Zealand | 668 | 118 | 699 | 485 | -10.1% |
| United States | 1,889 | 3.5 | 92.5 | 442 | -38.4% |
| Indonesia | 535 | 48.9 | 9.0 | 132 | -37.3% |
| Thailand | 46.5 | 46.2 | 79.9 | 55.4 | 6.0% |
| Others | 940 | 189 | 857 | 120 | -49.6% |
| Total | 10,546 | 2,032 | 3,710 | 3,486 | -30.9% |
Top Export Markets for Iron or Steel Towers from Australia in 2022:
- Papua New Guinea (424.1 tons)
- China (238.2 tons)
- New Zealand (153.2 tons)
- Indonesia (77.8 tons)
- United States (44.6 tons)
- Thailand (36.9 tons)
This report provides an in-depth analysis of the market for iron or steel towers 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 25112200 - Iron or steel towers and lattice masts
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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