Australia: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from Australia

In 2022, overseas shipments of iron or steel doors, thresholds for doors and windows increased by 7.5% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a noticeable increase. The pace of growth was the most pronounced in 2014 when exports increased by 66%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of iron or steel doors, thresholds for doors and windows skyrocketed to $X in 2022. In general, exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 53%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

The United States (X units), New Zealand (X units) and Papua New Guinea (X units) were the main destinations of exports of iron or steel doors, thresholds for doors and windows from Australia, with a combined 65% share of total exports. Vanuatu, Tonga, Samoa, India and Thailand lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Samoa (with a CAGR of +27.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), New Zealand ($X) and Papua New Guinea ($X) were the largest markets for iron or steel window and door exported from Australia worldwide, with a combined 65% share of total exports. These countries were followed by Vanuatu, Tonga, Samoa, India and Thailand, which together accounted for a further 24%.

In terms of the main countries of destination, Samoa, with a CAGR of +32.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, jumping by 23% against the previous year. Overall, the export price, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2015 an increase of 24% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vanuatu ($X per unit) and the United States ($X per unit), while the average price for exports to Thailand ($X per unit) and India ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into Australia

In 2022, approx. X units of iron or steel doors, thresholds for doors and windows were imported into Australia; growing by 27% on the year before. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 69%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of iron or steel doors, thresholds for doors and windows surged to $X in 2022. In general, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of iron or steel window and door to Australia, accounting for a 85% share of total imports. It was followed by Italy (X units), with a 2.1% share of total imports. The third position in this ranking was held by New Zealand (X units), with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+34.1% per year) and New Zealand (-8.6% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel doors, thresholds for doors and windows to Australia, comprising 71% of total imports. The second position in the ranking was taken by Italy ($X), with a 4.4% share of total imports. It was followed by Malaysia, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+28.4% per year) and Malaysia (-1.6% per year).

Import Prices by Country

The average import price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, dropping by -2.8% against the previous year. Over the period under review, the import price recorded a mild decrease. The growth pace was the most rapid in 2021 when the average import price increased by 72% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.

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Source: IndexBox Platform

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