Australia - Castors With Mountings Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Castor Mounting Price in Australia - 2023
Contents:
- Metal Castor Mounting Price in Australia (CIF) - 2022
- Metal Castor Mounting Price in Australia (FOB) - 2022
- Metal Castor Mounting Imports in Australia
- Metal Castor Mounting Exports in Australia
Metal Castor Mounting Price in Australia (CIF) - 2022
In 2022, the average metal castor mounting import price amounted to $7,220 per ton, reducing by -1.9% against the previous year. In general, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47% against the previous year. The import price peaked at $7,360 per ton in 2021, and then shrank modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($7,220 per ton) and China ($7,220 per ton), while the price for New Zealand ($7,220 per ton) and Italy ($7,220 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Castor Mounting Price in Australia (FOB) - 2022
The average metal castor mounting export price stood at $11,546 per ton in 2022, picking up by 54% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The export price peaked at $11,968 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($11,547 per ton) and the UK ($11,547 per ton), while the average price for exports to Papua New Guinea ($11,544 per ton) and Fiji ($11,545 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Castor Mounting Imports in Australia
In 2022, the amount of castors with mountings of base metal imported into Australia fell to 1.6K tons, with a decrease of -3.7% on the previous year. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of 1.6K tons, and then declined modestly in the following year.
In value terms, metal castor mounting imports reduced to $11M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports reached the peak of $12M, and then fell in the following year.
Import of Metal Castor Mounting in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.6 | 5.6 | 8.9 | 7.8 | 11.7% |
Taiwan (Chinese) | 0.7 | 1.0 | 1.1 | 1.1 | 16.3% |
Germany | 0.9 | 1.0 | 0.4 | 0.8 | -3.9% |
United States | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
Italy | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
France | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
New Zealand | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
Others | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
Total | 8.4 | 8.7 | 11.9 | 11.2 | 10.1% |
Top Suppliers of Metal Castor Mounting to Australia in 2022:
- China (1081.2 tons)
- Taiwan (Chinese) (147.2 tons)
- Germany (111.0 tons)
- United States (47.6 tons)
- New Zealand (34.4 tons)
- Italy (30.6 tons)
- France (27.8 tons)
Metal Castor Mounting Exports in Australia
In 2022, shipments abroad of castors with mountings of base metal decreased by -25.5% to 186 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 38%.
In value terms, metal castor mounting exports rose markedly to $2.2M in 2022. The total export value increased at an average annual rate of +15.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 28%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Metal Castor Mounting in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 816 | 871 | 1,222 | 1,268 | 15.8% |
United States | 271 | 609 | 255 | 414 | 15.2% |
Japan | 2.8 | 5.5 | 101 | 132 | 261.2% |
Indonesia | 10.7 | 15.1 | 57.5 | 75.3 | 91.6% |
Germany | 79.3 | 120 | 24.3 | 35.2 | -23.7% |
Papua New Guinea | 51.3 | 52.5 | 42.5 | 33.9 | -12.9% |
Fiji | 26.5 | 20.0 | 13.9 | 33.4 | 8.0% |
Others | 143 | 98.4 | 159 | 159 | 3.6% |
Total | 1,400 | 1,792 | 1,875 | 2,150 | 15.4% |
Top Export Markets for Metal Castor Mounting from Australia in 2022:
- New Zealand (109.8 tons)
- United States (35.8 tons)
- Japan (11.4 tons)
- Indonesia (6.5 tons)
- Germany (3.0 tons)
- Papua New Guinea (2.9 tons)
- Fiji (2.9 tons)
This report provides an in-depth analysis of the metal castor mounting market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25721420 - Castors with mountings of base metal
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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