Australia and Oceania: Metal Cotter Pin Market 2020

Metal Cotter Pin Market Size in Australia and Oceania

The revenue of the metal cotter pin market in Australia and Oceania amounted to $X in 2017, surging by X% against the previous year. The metal cotter pin consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the metal cotter pin market reached its peak figure level in 2017, and is likely to see steady growth in the immediate term.

Metal Cotter Pin Production in Australia and Oceania

In 2017, approx. X tons of iron or steel cotters and cotter-pins were produced in Australia and Oceania; remaining constant against the previous year. The metal cotter pin production continues to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. Over the period under review, the metal cotter pin production attained its maximum volume of X tons in 2016, and then declined slightly in the following year.

Metal Cotter Pin Exports in Australia and Oceania

In 2017, the amount of iron or steel cotters and cotter-pins exported in Australia and Oceania stood at X tons, coming up by X% against the previous year. The metal cotter pin exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the metal cotter pin exports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, metal cotter pin exports totaled $X in 2017. The metal cotter pin exports continue to indicate a remarkable expansion. Over the period under review, the metal cotter pin exports reached its maximum level in 2017, and are likely to continue its growth in the near future.

Metal Cotter Pin Exports by Country in Australia and Oceania

Australia prevails in metal cotter pin exports structure, accounting for X tons, which was near X% of total exports in 2017. New Zealand (X tons) occupied the weak share of total exports.

Australia was also the fastest growing in terms of the iron or steel cotters and cotter-pins exports, with a CAGR of +X% from 2007 to 2017. At the same time, New Zealand (+X%) displayed positive paces of growth. 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 ($X) remains the largest metal cotter pin supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

In Australia, metal cotter pin exports expanded at an average annual rate of +X% over the period from 2007-2017.

Metal Cotter Pin Export Prices by Country in Australia and Oceania

The metal cotter pin export price in Australia and Oceania stood at $X per ton in 2017, remaining relatively unchanged against the previous year. The metal cotter pin export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when the export prices increased by X% year-to-year. The level of export price peaked of $X per kg in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was New Zealand ($X per kg), while Australia ($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 New Zealand (+X% per year).

Metal Cotter Pin Imports in Australia and Oceania

In 2017, the amount of iron or steel cotters and cotter-pins imported in Australia and Oceania totaled X tons, going down by -X% against the previous year. The total imports indicated a significant growth 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 metal cotter pin imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, metal cotter pin imports amounted to $X in 2017. The total imports indicated a prominent 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. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Metal Cotter Pin Imports by Country in Australia and Oceania

Australia dominates metal cotter pin imports structure, reaching X tons, which was near X% of total imports in 2017. It was distantly followed by New Zealand (X tons), mixed up X% share of total imports. Papua New Guinea (X tons) occupied the minor share of total imports.

Imports into Australia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Papua New Guinea (+X%) and New Zealand (+X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. Papua New Guinea (-X%), 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 ($X) constitutes the largest market for imported iron or steel cotters and cotter-pins in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

In Australia, metal cotter pin imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Metal Cotter Pin Import Prices by Country in Australia and Oceania

The metal cotter pin import price in Australia and Oceania stood at $X per ton in 2017, surging by X% against the previous year. The import price indicated a conspicuous increase from 2007 to 2017: its price 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 metal cotter pin import price increased by +X% against 2013 indices. The growth pace was the most rapid in 2017, when the import prices increased by X% y-o-y. In that year, the import prices for iron or steel cotters and cotter-pins attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X per ton), while Papua New Guinea ($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 Australia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform