Australia: Non-Agglomerated Metal Carbides Market 2024

Non-Agglomerated Metal Carbides Market Size in Australia

In 2022, the Australian non-agglomerated metal carbides market increased by X% to $X, rising for the second year in a row after five years of decline. Overall, consumption, however, continues to indicate a abrupt decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Non-Agglomerated Metal Carbides Production in Australia

In value terms, non-agglomerated metal carbides production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Non-agglomerated metal carbides production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Non-Agglomerated Metal Carbides Exports

Exports from Australia

In 2022, shipments abroad of non-agglomerated metal carbides mixed together or with metallic binders decreased by X% to X tons, falling for the second consecutive year after five years of growth. Overall, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, non-agglomerated metal carbides exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted a resilient increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons), India (X tons) and Germany (X kg) were the main destinations of non-agglomerated metal carbides exports from Australia, together accounting for X% of total exports. Singapore lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, India ($X) remains the key foreign market for non-agglomerated metal carbides mixed together or with metallic binders exports from Australia, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and New Zealand (X% per year).

Export Prices by Country

The average non-agglomerated metal carbides export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

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

Non-Agglomerated Metal Carbides Imports

Imports into Australia

In 2022, overseas purchases of non-agglomerated metal carbides mixed together or with metallic binders increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-agglomerated metal carbides imports reached $X in 2022. Overall, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) was the main supplier of non-agglomerated metal carbides to Australia, with a X% share of total imports. It was followed by the United States (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%.

In value terms, Germany ($X) constituted the largest supplier of non-agglomerated metal carbides mixed together or with metallic binders to Australia, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%.

Import Prices by Country

In 2022, the average non-agglomerated metal carbides import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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