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Australia - Railway or Tramway Track Construction Material of Iron or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Railway Material Price in Australia - 2023
Contents:
- Steel Railway Material Price in Australia (CIF) - 2022
- Steel Railway Material Price in Australia (FOB) - 2022
- Steel Railway Material Imports in Australia
- Steel Railway Material Exports in Australia
Steel Railway Material Price in Australia (CIF) - 2022
The average steel railway material import price stood at $1,403 per ton in 2022, with an increase of 5.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23%. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1,347 per ton), while the price for Japan ($1,217 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced a decline.
Steel Railway Material Price in Australia (FOB) - 2022
The average steel railway material export price stood at $1,150 per ton in 2022, reducing by -6.5% against the previous year. In general, the export price showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 16%. The export price peaked at $1,593 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($3,225 per ton), while the average price for exports to Malaysia ($650 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 Thailand (+2.9%), while the prices for the other major destinations experienced a decline.
Steel Railway Material Imports in Australia
In 2022, supplies from abroad of railway material of steel increased by 47% to 58K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep reduction.
In value terms, steel railway material imports soared to $81M in 2022. Over the period under review, imports, however, saw a abrupt decline.
Import of Steel Railway Material in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 70.8 | 58.1 | 19.1 | 35.1 | -20.9% |
China | 6.5 | 10.8 | 17.0 | 18.0 | 40.4% |
Austria | 15.1 | 15.2 | 5.3 | 15.6 | 1.1% |
Others | 9.3 | 8.8 | 10.7 | 12.0 | 8.9% |
Total | 102 | 93.0 | 52.1 | 80.7 | -7.5% |
Top Suppliers of Steel Railway Material to Australia in 2022:
- Japan (28.9K tons)
- China (13.8K tons)
- Austria (11.6K tons)
Steel Railway Material Exports in Australia
Steel railway material exports from Australia dropped notably to 20K tons in 2022, reducing by -26.5% compared with the year before. In general, exports recorded a mild slump. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of 28K tons, and then declined rapidly in the following year.
In value terms, steel railway material exports fell remarkably to $23M in 2022. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 35%. As a result, the exports reached the peak of $34M, and then fell significantly in the following year.
Export of Steel Railway Material in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.5 | 9.2 | 10.3 | 5.6 | -13.0% |
New Zealand | 2.6 | 4.1 | 6.1 | 5.2 | 26.0% |
United Kingdom | 5.7 | 4.1 | 8.6 | 5.1 | -3.6% |
Singapore | 0.1 | 1.8 | 0.9 | 2.0 | 171.4% |
Indonesia | 1.3 | 0.2 | 2.0 | 1.3 | 0.0% |
China | 1.0 | 0.6 | 0.2 | 0.7 | -11.2% |
Belgium | 0.1 | N/A | 0.2 | 0.7 | 91.3% |
Japan | 0.4 | 0.7 | 0.5 | 0.6 | 14.5% |
Malaysia | 1.1 | 0.5 | 0.4 | 0.3 | -35.2% |
Thailand | 6.8 | 0.1 | N/A | N/A | -98.5% |
Others | 3.4 | 3.7 | 4.6 | 1.8 | -19.1% |
Total | 31.1 | 25.1 | 33.9 | 23.3 | -9.2% |
Top Export Markets for Steel Railway Material from Australia in 2022:
- Thailand (undefinedK tons)
- New Zealand (6.7K tons)
- United States (4.2K tons)
- United Kingdom (3.9K tons)
- Singapore (1.2K tons)
- Indonesia (0.8K tons)
- China (0.8K tons)
- Japan (0.6K tons)
- Belgium (0.6K tons)
- Malaysia (0.4K tons)
This report provides an in-depth analysis of the steel railway material 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 24107500 - Railway material (of steel)
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
-
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
This report provides an in-depth analysis of the steel railway material market in Australia.
This report provides an in-depth analysis of the global steel railway material market.
This report provides an in-depth analysis of the steel railway material market in Australia.
This report provides an in-depth analysis of the global steel railway material market.
Discover the top import markets for steel railway material in the world and learn about the key players driving the growth of the global steel railway material market.
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
Discover the top import markets for steel railway material in the world and learn about the key players driving the growth of the global steel railway material market.
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%