Australia and Oceania: Hot-Rolled Wire Rod Market 2020

Hot-Rolled Wire Rod Market Size in Australia and Oceania

The revenue of the hot-rolled wire rod market in Australia and Oceania amounted to $X in 2017, growing by X% against the previous year. The total market indicated a remarkable increase 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 wire rod consumption increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2009, when it surged by X% against the previous year. The level of hot-rolled wire rod consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Hot-Rolled Wire Rod Production in Australia and Oceania

In 2017, production of hot-rolled wire rod in Australia and Oceania stood at X tons, stabilizing at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013, when the output figure increased by X% y-o-y. In that year, the hot-rolled wire rod production attained their peak volume of X tons. From 2014 to 2017, growth of the hot-rolled wire rod production failed to regain its momentum.

Hot-Rolled Wire Rod Exports in Australia and Oceania

In 2017, hot-rolled wire rod exports in Australia and Oceania amounted to X tons, declining by -X% against the previous year. The hot-rolled wire rod exports continue to indicate a deep reduction. The growth pace was the most rapid in 2013, when exports increased by X% y-o-y. Over the period under review, the hot-rolled wire rod exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, hot-rolled wire rod exports stood at $X in 2017. The hot-rolled wire rod exports continue to indicate a drastic contraction. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Hot-Rolled Wire Rod Exports by Country in Australia and Oceania

New Zealand was the main exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Australia (X tons), mixed up X% share of total exports.

Exports from New Zealand decreased at an average annual rate of -X% from 2007 to 2017. Australia (-X%) illustrated a downward trend over the same period. While the share of New Zealand (X%) and Australia (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest hot-rolled wire rod supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by Australia ($X), with a X% share of global exports.

In New Zealand, hot-rolled wire rod exports declined by an average annual rate of -X% over the period from 2007-2017.

Hot-Rolled Wire Rod Export Prices by Country in Australia and Oceania

In 2017, the hot-rolled wire rod export price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export 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 export prices was attained by Australia (+X% per year).

Hot-Rolled Wire Rod Imports in Australia and Oceania

In 2017, imports of hot-rolled wire rod in Australia and Oceania stood at X tons, rising by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2017, when imports increased by X% against the previous year. In that year, the hot-rolled wire rod imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, hot-rolled wire rod imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. In that year, the hot-rolled wire rod imports attained their peak level, and are likely to continue its growth in the immediate term.

Hot-Rolled Wire Rod Imports by Country in Australia and Oceania

Australia prevails in hot-rolled wire rod imports structure, amounting to X tons, which was approx. X% of total imports in 2017. It was distantly followed by New Zealand (X tons), constituting X% share of total imports. New Caledonia (X tons) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of +X% from 2007 to 2017. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, New Caledonia (-X%) illustrated a downward trend over the same period. New Zealand (-X%) and Australia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Australia, hot-rolled wire rod imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and New Caledonia (-X% per year).

Hot-Rolled Wire Rod Import Prices by Country in Australia and Oceania

The hot-rolled wire rod import price in Australia and Oceania stood at $X per ton in 2017, surging by X% against the previous year. The hot-rolled wire rod import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the import prices for hot-rolled wire rod attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for hot-rolled wire rod stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in New Zealand ($X per ton) and New Caledonia ($X per ton), while Australia ($X per ton) and New Caledonia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform