Australia and Oceania: Hot-Rolled Tool Steel Bar Market 2020

Hot-Rolled Tool Steel Bar Market Size in Australia and Oceania

The revenue of the hot-rolled tool steel bar market in Australia and Oceania amounted to $X in 2017, dropping by -X% against the previous year. The total market indicated a slight growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hot-rolled tool steel bar consumption decreased by -X% against 2015 indices. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. The level of hot-rolled tool steel bar consumption peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Production in Australia and Oceania

The hot-rolled tool steel bar production stood at X tons in 2017, dropping by -X% against the previous year. The hot-rolled tool steel bar production continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the hot-rolled tool steel bar production reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Hot-Rolled Tool Steel Bar Exports in Australia and Oceania

In 2017, exports of hot-rolled bars in tool steels in Australia and Oceania amounted to X tons, dropping by -X% against the previous year. The hot-rolled tool steel bar exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Over the period under review, the hot-rolled tool steel bar exports reached its maximum volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, hot-rolled tool steel bar exports totaled $X in 2017. The hot-rolled tool steel bar exports continue to indicate a remarkable increase. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Exports by Country in Australia and Oceania

The countries with the highest levels of hot-rolled tool steel bar exports in 2017 were Australia (X tons), together resulting at X% of total export.

Australia was also the fastest growing in terms of the hot-rolled bars in tool steels exports, with a CAGR of +X% from 2007 to 2017. Australia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest hot-rolled tool steel bar supplier in Australia and Oceania.

From 2007 to 2017, the average annual growth rate of value in Australia amounted to +X%.

Hot-Rolled Tool Steel Bar Export Prices by Country in Australia and Oceania

The hot-rolled tool steel bar export price in Australia and Oceania stood at $X per ton in 2017, falling by -X% against the previous year. The hot-rolled tool steel bar export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the export prices for hot-rolled bars in tool steels attained their peak level of $X per ton. From 2009 to 2017, growth of the export prices for hot-rolled bars in tool steels stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (-X% per year).

Hot-Rolled Tool Steel Bar Imports in Australia and Oceania

The imports totaled X tons in 2017, waning by -X% against the previous year. The total imports indicated a mild expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hot-rolled tool steel bar imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the hot-rolled tool steel bar imports reached its peak figure volume of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, hot-rolled tool steel bar imports amounted to $X in 2017. The hot-rolled tool steel bar imports continue to indicate a noticeable reduction. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Hot-Rolled Tool Steel Bar Imports by Country in Australia and Oceania

In 2017, Australia (X tons) represented the main importer for hot-rolled bars in tool steels, constituting X% of total imports. It was distantly followed by New Zealand (X tons) and Papua New Guinea (X tons), together making up X% share of total imports. Solomon Islands (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Papua New Guinea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported hot-rolled bars in tool steels in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Australia stood at -X%. In the other countries, the average annual rates were as follows: New Zealand (-X% per year) and Papua New Guinea (-X% per year).

Hot-Rolled Tool Steel Bar Import Prices by Country in Australia and Oceania

The hot-rolled tool steel bar import price in Australia and Oceania stood at $X per ton in 2017, coming up by X% against the previous year. The hot-rolled tool steel bar import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2011, when the import prices increased by X% against the previous year. The level of import price peaked of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform