Report Update: Apr 1, 2024

Australia - Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips - Market Analysis, Forecast, Size, Trends And Insights

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Price for Unmounted Tool Inserts, Sticks or Plates in Australia - 2023

Price for Unmounted Tool Inserts, Sticks or Plates in Australia (CIF) - 2022

Australia has no trade partners to describe.

Price for Unmounted Tool Inserts, Sticks or Plates in Australia (FOB) - 2022

The average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $400,633 per ton in 2022, surging by 27% against the previous year. Overall, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 266% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Ghana ($401,650 per ton) and the UK ($401,628 per ton), while the average price for exports to India ($385,750 per ton) and Singapore ($398,780 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+356.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unmounted Tool Inserts, Sticks or Plates in Australia

Imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips into Australia was estimated at 62 tons in 2022, picking up by 4.1% against 2021. Overall, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 +74.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 67% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $24M in 2022. In general, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +2.2% 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 +77.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 76%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Unmounted Tool Inserts, Sticks or Plates in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	94.9	N/A	N/A	N/A	0%
China	202	N/A	N/A	N/A	0%
Germany	111	N/A	N/A	N/A	0%
Sweden	223	N/A	N/A	N/A	0%
United States	51.7	N/A	N/A	N/A	0%
United Arab Emirates	9.5	1.6	4.0	N/A	-35.1%
Taiwan (Chinese)	171	N/A	N/A	N/A	0%
Others	21,516	13,473	23,682	23,862	3.5%
Total	22,379	13,475	23,686	23,862	2.2%

Top Suppliers of Unmounted Tool Inserts, Sticks or Plates to Australia in 2022:

Exports of Unmounted Tool Inserts, Sticks or Plates in Australia

Exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips from Australia totaled 1.7 tons in 2022, picking up by 2.9% against 2021 figures. In general, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 5.4% against the previous year.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips surged to $688K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Unmounted Tool Inserts, Sticks or Plates in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	N/A	N/A	N/A	192	0%
Papua New Guinea	16.7	118	201	66.8	58.7%
United Kingdom	8.0	62.2	1.5	65.9	102.0%
New Zealand	24.6	37.6	74.4	65.7	38.7%
Ghana	11.3	18.0	9.8	57.4	71.9%
United States	11.5	3.7	46.2	49.7	62.9%
Sweden	N/A	N/A	N/A	38.4	0%
Singapore	76.6	43.5	87.9	32.7	-24.7%
Germany	N/A	45.0	4.2	18.6	-35.7%
United Arab Emirates	189	4.9	N/A	0.2	-89.8%
Fiji	43.2	21.2	N/A	N/A	-50.9%
Others	53.3	125	102	101	23.7%
Total	434	479	527	688	16.6%

Top Export Markets for Unmounted Tool Inserts, Sticks or Plates from Australia in 2022:

Netherlands (478.0 kg)
Papua New Guinea (167.0 kg)
United Kingdom (164.0 kg)
New Zealand (164.0 kg)
Ghana (143.0 kg)
United States (124.0 kg)
Sweden (96.0 kg)
Singapore (82.0 kg)
Germany (46.0 kg)
United Arab Emirates (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for unmounted tool inserts, sticks or plates 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 25736067 - Indexable inserts for tools, unmounted, of sintered metal carbides and cermets
Prodcom 25736090 - Unmounted sintered metal carbides or cermet plates, sticks, t ips and the like for tools (excluding indexable inserts)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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