Australia and Oceania: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in Australia and Oceania

The cold metal-rolling mill market in Australia and Oceania soared to $X in 2022, surging by X% against the previous year. In general, consumption posted a prominent increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cold Metal-Rolling Mill Production in Australia and Oceania

In value terms, cold metal-rolling mill production soared to $X in 2022 estimated in export price. Overall, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Cold Metal-Rolling Mill Exports

Exports in Australia and Oceania

In 2022, shipments abroad of cold metal-rolling mills increased by X% to X units, rising for the third consecutive year after two years of decline. In general, exports enjoyed strong growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, cold metal-rolling mill exports shrank remarkably to $X in 2022. Overall, exports saw strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand represented the key exporter of cold metal-rolling mills in Australia and Oceania, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Australia (X units), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by New Zealand (with a CAGR of X%).

In value terms, the largest cold metal-rolling mill supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

Australia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, posted a remarkable increase. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Cold Metal-Rolling Mill Imports

Imports in Australia and Oceania

In 2022, overseas purchases of cold metal-rolling mills decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, cold metal-rolling mill imports rose notably to $X in 2022. Overall, imports, however, continue to indicate a temperate increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Australia represented the key importing country with an import of about X units, which reached X% of total imports. It was distantly followed by New Zealand (X units), creating a X% share of total imports. The following importers - French Polynesia (X units), Solomon Islands (X units), Fiji (X units), New Caledonia (X units), Vanuatu (X units), Palau (X units), Papua New Guinea (X units) and Tonga (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to cold metal-rolling mill imports into Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. French Polynesia, Vanuatu, Tonga, Palau, Solomon Islands and New Caledonia experienced a relatively flat trend pattern. By contrast, Papua New Guinea (X%) and Fiji (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand, Australia, French Polynesia and Palau increased by X, X, X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported cold metal-rolling mills in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, cold metal-rolling mill imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while French Polynesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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