Australia and Oceania: Way-Type Unit Head Market 2022

Way-Type Unit Head Exports

Exports in Australia and Oceania

In 2021, shipments abroad of way-type unit heads for working metal was finally on the rise to reach X tons after three years of decline. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, way-type unit head exports soared to $X in 2021. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) represented roughly X% of total exports in 2021.

Australia experienced a relatively flat trend pattern with regard to volume of exports of way-type unit heads for working metal. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Australia, way-type unit head exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, waning by -X% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to X% per year.

Way-Type Unit Head Imports

Imports in Australia and Oceania

For the third year in a row, Australia and Oceania recorded growth in purchases abroad of way-type unit heads for working metal, which increased by X% to X tons in 2021. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, way-type unit head imports soared to $X in 2021. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Australia (X tons) represented roughly X% of total imports in 2021.

Australia was also the fastest-growing in terms of the way-type unit heads for working metal imports, with a CAGR of +X% from 2012 to 2021. Australia (+X p.p.) significantly strengthened its position in terms of the total 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 way-type unit heads for working metal in Australia and Oceania.

In Australia, way-type unit head imports expanded at an average annual rate of +X% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, falling by less than X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -X% per year.

Source: IndexBox Market Intelligence Platform

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