Australia: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in Australia

The Australian way-type unit head market soared to $X in 2021, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted significant growth. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Way-Type Unit Head Exports

Exports from Australia

In 2021, the amount of way-type unit heads for working metal exported from Australia was estimated at X tons, remaining constant against the previous year. In general, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, way-type unit head exports stood at $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

China (X tons), Japan (X tons) and Ireland (X kg) were the main destinations of way-type unit head exports from Australia, together accounting for X% of total exports.

From 2012 to 2021, the biggest increases were in Japan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for way-type unit head exported from Australia were China ($X), Japan ($X) and Ireland ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Japan, with a CAGR of X%, saw the highest rates of growth with regard to 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 2021, the average way-type unit head export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Malaysia ($X per ton) and New Caledonia ($X per ton), while the average price for exports to the United States ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Way-Type Unit Head Imports

Imports into Australia

For the third year in a row, Australia recorded growth in overseas purchases of way-type unit heads for working metal, which increased by X% to X tons in 2021. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, way-type unit head imports skyrocketed to $X in 2021. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of way-type unit head to Australia, with a X% share of total imports. Moreover, way-type unit head imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and France (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of way-type unit head to Australia, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and France (+X% per year).

Import Prices by Country

The average way-type unit head import price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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