Australia - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia: Way-Type Unit Head Market 2024
Way-Type Unit Head Market Size in Australia
In 2021, the Australian way-type unit head market decreased by -26.9% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, posted a strong expansion. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.
Way-Type Unit Head Production in Australia
In value terms, way-type unit head production declined dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 119% against the previous year. As a result, production reached the peak level of $X, and then contracted dramatically in the following year.
Way-Type Unit Head Exports
Exports from Australia
In 2021, approx. X tons of way-type unit heads for working metal were exported from Australia; reducing by -38.6% on the year before. Over the period under review, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of 3,895% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.
In value terms, way-type unit head exports shrank sharply to $X in 2021. In general, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by 680% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then shrank sharply in the following year.
Exports by Country
China (X tons), Japan (X tons) and Ireland (X tons) were the main destinations of way-type unit head exports from Australia, with a combined 62% share of total exports. The United States, Canada, Fiji, Italy, New Caledonia, Malaysia and New Zealand lagged somewhat behind, together comprising a further 38%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +106.7%), while the other leaders experienced more modest paces of growth.
In value terms, China ($X), Japan ($X) and Ireland ($X) appeared to be the largest markets for way-type unit head exported from Australia worldwide, together accounting for 62% of total exports. These countries were followed by the United States, Canada, Fiji, Italy, New Caledonia, Malaysia and New Zealand, which together accounted for a further 38%.
Malaysia, with a CAGR of +188.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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, waning by -67.3% against the previous year. In general, the export price showed a slight curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 170% against the previous year. The export price peaked at $X per ton in 2020, and then reduced rapidly in the following year.
Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were New Zealand ($X per ton) and Japan ($X per ton), while the average price for exports to New Caledonia ($X per ton) and Malaysia ($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 Hong Kong SAR (+84.4%), while the prices for the other major destinations experienced more modest paces of growth.
Way-Type Unit Head Imports
Imports into Australia
In 2021, supplies from abroad of way-type unit heads for working metal increased by 74% to X tons, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2017 with an increase of 1,691% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.
In value terms, way-type unit head imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 346% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.
Imports by Country
In 2021, Italy (X tons) constituted the largest supplier of way-type unit head to Australia, with a 81% share of total imports. Moreover, way-type unit head imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold. The third position in this ranking was held by France (X tons), with a 6.5% share.
From 2012 to 2021, the average annual growth rate of volume from Italy totaled +54.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+24.8% per year) and France (+6.2% per year).
In value terms, Italy ($X) constituted the largest supplier of way-type unit heads for working metal to Australia, comprising 80% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.7% share of total imports. It was followed by France, with an 8% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +70.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.6% per year) and France (+0.8% per year).
Import Prices by Country
In 2021, the average way-type unit head import price amounted to $X per ton, jumping by 38% against the previous year. Overall, the import price, however, showed a perceptible decrease. The growth pace was the most rapid in 2016 an increase of 192%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($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 (+10.5%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the way-type unit head 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 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
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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