Australia and Oceania: Non-Alloy Aluminium Bar Market 2024

Non-Alloy Aluminium Bar Market Size in Australia and Oceania

The non-alloy aluminium bar market in Australia and Oceania reduced to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a perceptible setback. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Non-Alloy Aluminium Bar Production in Australia and Oceania

In value terms, non-alloy aluminium bar production totaled $X in 2022 estimated in export price. Over the period under review, production faced a dramatic descent. The growth pace was the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Non-Alloy Aluminium Bar Exports

Exports in Australia and Oceania

In 2022, shipments abroad of non-alloy aluminium bars, rods and profiles increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-alloy aluminium bar exports soared to $X in 2022. In general, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X tons), mixing up an X% share of total exports.

Australia was also the fastest-growing in terms of the non-alloy aluminium bars, rods and profiles exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest non-alloy aluminium bar supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, non-alloy aluminium bar exports increased at 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, with an increase of X% against the previous year. Export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy aluminium bar export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Non-Alloy Aluminium Bar Imports

Imports in Australia and Oceania

In 2022, overseas purchases of non-alloy aluminium bars, rods and profiles decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Overall, imports showed a slight downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, non-alloy aluminium bar imports fell to $X in 2022. Over the period under review, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) represented the key importer of non-alloy aluminium bars, rods and profiles, creating X% of total imports. It was distantly followed by New Zealand (X tons), mixing up a X% share of total imports. New Caledonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-alloy aluminium bar imports into Australia stood at X%. At the same time, New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported non-alloy aluminium bars, rods and profiles in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, non-alloy aluminium bar imports decreased by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, recorded a mild descent. The pace of growth appeared the most rapid in 2021 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 stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Caledonia ($X per ton), while New Zealand ($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 a decline in the import price figures.

Source: IndexBox Platform

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