Australia and Oceania: Base Metal Padlock Market 2025

Base Metal Padlock Market Size in Australia and Oceania

For the third consecutive year, the base metal padlock market in Australia and Oceania recorded growth in sales value, which increased by 16% to $X in 2022. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Base Metal Padlock Production in Australia and Oceania

In value terms, base metal padlock production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2020 when the production volume increased by 1,472%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Base Metal Padlock Exports

Exports in Australia and Oceania

In 2022, overseas shipments of base metal padlocks increased by 82% to X tons, rising for the second consecutive year after four years of decline. Overall, exports continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2014 when exports increased by 95% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, base metal padlock exports surged to $X in 2022. In general, exports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the main exporter of base metal padlocks in Australia and Oceania, with the volume of exports resulting at X tons, which was near 63% of total exports in 2022. It was distantly followed by New Zealand (X tons), achieving a 34% share of total exports. Fiji (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +27.9%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest base metal padlock supplying countries in Australia and Oceania were Australia ($X), New Zealand ($X) and Fiji ($X), with a combined 100% share of total exports.

New Zealand, with a CAGR of +25.4%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, shrinking by -20.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 when the export price increased by 78% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-2.0%), while the other leaders experienced a decline in the export price figures.

Base Metal Padlock Imports

Imports in Australia and Oceania

In 2022, approx. X tons of base metal padlocks were imported in Australia and Oceania; surging by 3.3% compared with 2021. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 when imports increased by 24%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, base metal padlock imports soared to $X in 2022. The total import value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Australia (X tons) was the key importer of base metal padlocks, comprising 73% of total imports. New Zealand (X tons) held the second position in the ranking, followed by Papua New Guinea (X tons). All these countries together took near 22% share of total imports. Fiji (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to base metal padlock imports into Australia stood at +4.3%. At the same time, New Zealand (+4.4%) and Fiji (+2.9%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +4.4% from 2012-2022. Papua New Guinea experienced a relatively flat trend pattern. While the share of Australia (+7.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Papua New Guinea (-5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported base metal padlocks in Australia and Oceania, comprising 79% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 13% share of total imports. It was followed by Papua New Guinea, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +3.9%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+3.5% per year) and Papua New Guinea (-0.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, increasing by 19% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 30%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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