Australia and Oceania: Agglomerated Powder Rod Market 2024

Agglomerated Powder Rod Market Size in Australia and Oceania

The agglomerated powder rod market in Australia and Oceania dropped slightly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, enjoyed buoyant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Agglomerated Powder Rod Production in Australia and Oceania

In value terms, agglomerated powder rod production reduced modestly to $X in 2022 estimated in export price. In general, production, however, saw a strong increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Agglomerated Powder Rod Exports

Exports in Australia and Oceania

In 2022, overseas shipments of base metal wire and rods of agglomerated base powder increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, agglomerated powder rod exports skyrocketed to $X in 2022. Overall, exports, however, showed a perceptible setback. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) represented roughly X% of total exports in 2022.

Australia was also the fastest-growing in terms of the base metal wire and rods of agglomerated base powder exports, with a CAGR of X% from 2012 to 2022. While the share of Australia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest agglomerated powder rod supplier in Australia and Oceania.

In Australia, agglomerated powder rod exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Agglomerated Powder Rod Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of base metal wire and rods of agglomerated base powder was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, recorded a slight setback. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, agglomerated powder rod imports rose significantly to $X in 2022. Over the period under review, imports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia represented the key importing country with an import of around X tons, which accounted for X% of total imports. New Zealand (X tons) took the second position in the ranking, followed by Fiji (X tons). All these countries together held near X% share of total imports. The following importers - Papua New Guinea (X tons) and New Caledonia (X tons) - each finished at an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to agglomerated powder rod imports into Australia stood at X%. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%), New Caledonia (X%) and Papua New Guinea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia and Fiji increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported base metal wire and rods of agglomerated base powder in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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