Australia and Oceania: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Australia and Oceania

In 2020, the unwrought aluminium alloys market in Australia and Oceania decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, showed a slight shrinkage. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Unwrought Aluminium Alloys Production in Australia and Oceania

In value terms, unwrought aluminium alloys production reduced to $X in 2020 estimated in export prices. In general, production continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Production By Country in Australia and Oceania

The country with the largest volume of unwrought aluminium alloys production was Australia (X tons), comprising approx. X% of total volume. Moreover, unwrought aluminium alloys production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea (X tons), sevenfold.

In Australia, unwrought aluminium alloys production plunged by an average annual rate of -X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Papua New Guinea (+X% per year) and New Zealand (-X% per year).

Unwrought Aluminium Alloys Exports

Exports in Australia and Oceania

In 2020, overseas shipments of unwrought aluminium alloys increased by X% to X tons, rising for the fourth year in a row after six years of decline. Over the period under review, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. As a result, exports attained the peak of X tons. from 2011 to 2020, the growth exports remained at a lower figure.

In value terms, unwrought aluminium alloys exports reduced to $X in 2020. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Australia (X tons) was the main exporter of unwrought aluminium alloys, achieving X% of total exports. It was distantly followed by New Zealand (X tons), mixing up a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to unwrought aluminium alloys exports from Australia stood at -X%. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of New Zealand increased by +X% percentage points, while Australia (-X p.p.) saw their share reduced.

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

From 2007 to 2020, the average annual rate of growth in terms of value in Australia totaled -X%.

Export Prices by Country

In 2020, the unwrought aluminium alloys export price in Australia and Oceania amounted to $X per ton, falling by -X% against the previous year. Overall, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. The level of export peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand.

Unwrought Aluminium Alloys Imports

Imports in Australia and Oceania

In 2020, the amount of unwrought aluminium alloys imported in Australia and Oceania totaled X tons, growing by X% against the year before. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. The volume of import peaked in 2020 and is expected to retain growth in years to come.

In value terms, unwrought aluminium alloys imports contracted modestly to $X in 2020. Overall, imports enjoyed a measured expansion. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Australia dominates unwrought aluminium alloys imports structure, finishing at X tons, which was approx. X% of total imports in 2020. It was distantly followed by New Zealand (X tons), mixing up a X% share of total imports.

Australia was also the fastest-growing in terms of the unwrought aluminium alloys imports, with a CAGR of +X% from 2007 to 2020. New Zealand (-X%) illustrated a downward trend over the same period. Australia (+X p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Australia ($X) constitutes the largest market for imported unwrought aluminium alloys in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in Australia stood at +X%.

Import Prices by Country

In 2020, the unwrought aluminium alloys import price in Australia and Oceania amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. The level of import peaked at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox Platform

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