Price for Railway or Tramway Track Constructions of Iron or Steel in Australia - 2024
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Australia (CIF) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Australia (FOB) - 2022
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Australia
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Australia
Price for Railway or Tramway Track Constructions of Iron or Steel in Australia (CIF) - 2022
In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $1,398 per ton, growing by 5.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1,344 per ton), while the price for Japan ($1,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced a decline.
Price for Railway or Tramway Track Constructions of Iron or Steel in Australia (FOB) - 2022
In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $1,209 per ton, falling by -4.9% against the previous year. In general, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 20%. The export price peaked at $1,593 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($2,509 per ton), while the average price for exports to France ($668 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 (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Railway or Tramway Track Constructions of Iron or Steel in Australia
In 2022, overseas purchases of railway or tramway track constructions of iron or steel were finally on the rise to reach 58K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep setback.
In value terms, imports of railway or tramway track constructions of iron or steel soared to $81M in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 70.9 | 58.1 | 19.1 | 35.1 | -20.9% |
| China | 6.5 | 10.8 | 17.0 | 18.0 | 40.4% |
| Austria | 15.1 | 15.2 | 5.3 | 15.6 | 1.1% |
| Others | 9.2 | 8.8 | 10.7 | 12.0 | 9.3% |
| Total | 102 | 93.0 | 52.1 | 80.7 | -7.5% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Australia in 2022:
- Japan (29.0K tons)
- China (13.8K tons)
- Austria (11.6K tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Australia
In 2022, approx. 19K tons of railway or tramway track constructions of iron or steel were exported from Australia; declining by -27.7% against the previous year. Overall, exports continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 27K tons, and then dropped sharply in the following year.
In value terms, exports of railway or tramway track constructions of iron or steel shrank notably to $23M in 2022. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $34M, and then reduced dramatically in the following year.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.5 | 9.2 | 10.3 | 5.6 | -13.0% |
| New Zealand | 2.6 | 4.1 | 6.1 | 5.2 | 26.0% |
| United Kingdom | 5.7 | 4.1 | 8.6 | 5.1 | -3.6% |
| Singapore | 0.1 | 1.8 | 0.9 | 2.0 | 171.4% |
| Indonesia | 1.3 | 0.2 | 2.0 | 1.3 | 0.0% |
| China | 1.0 | 0.6 | 0.2 | 0.7 | -11.2% |
| Belgium | 0.1 | N/A | 0.2 | 0.7 | 91.3% |
| Japan | 0.4 | 0.7 | 0.5 | 0.6 | 14.5% |
| France | N/A | N/A | 0.5 | 0.3 | -40.0% |
| Malaysia | 1.1 | 0.5 | 0.4 | 0.3 | -35.2% |
| Thailand | 6.8 | 0.1 | N/A | N/A | -98.5% |
| Mongolia | 0.5 | 1.7 | 0.8 | N/A | 26.5% |
| Others | 3.0 | 2.1 | 3.4 | 1.6 | -18.9% |
| Total | 31.1 | 25.1 | 33.9 | 23.3 | -9.2% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Australia in 2022:
- United States (5.4K tons)
- United Kingdom (5.0K tons)
- New Zealand (3.0K tons)
- Singapore (1.5K tons)
- Indonesia (0.8K tons)
- Belgium (0.7K tons)
- Japan (0.7K tons)
- China (0.5K tons)
- France (0.4K tons)
- Malaysia (0.2K tons)
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This report provides an in-depth analysis of the steel railway material market in Australia.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Australia.
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This report provides an in-depth analysis of the global steel railway material market.
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1317
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
1296
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1317
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
