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Report Australia and Oceania - Crude Steel and Steel Semi-Finished Products - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Australia and Oceania - Crude Steel and Steel Semi-Finished Products - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Market for Raw Steel And Steel Semi-Finished Products 2025

Market Size for Raw Steel And Steel Semi-Finished Products in Australia and Oceania

In 2021, after two years of decline, there was significant growth in the market for raw steel and steel semi-finished products in Australia and Oceania, when its value increased by 5.4% to $X. Overall, consumption, however, showed a mild downturn. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Raw Steel And Steel Semi-Finished Products in Australia and Oceania

In value terms, production of raw steel and steel semi-finished products rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2018 when the production volume increased by 29% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth failed to regain momentum.

Exports of Raw Steel And Steel Semi-Finished Products

Exports in Australia and Oceania

In 2021, exports of raw steel and steel semi-finished products in Australia and Oceania skyrocketed to X tons, picking up by 1,541% compared with the previous year's figure. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of raw steel and steel semi-finished products soared to $X in 2021. In general, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia was the key exporting country with an export of about X tons, which finished at 84% of total exports. It was distantly followed by New Zealand (X tons), comprising a 16% share of total exports.

Australia was also the fastest-growing in terms of the raw steel and steel semi-finished products exports, with a CAGR of +35.1% from 2012 to 2021. At the same time, New Zealand (+9.1%) displayed positive paces of growth. From 2012 to 2021, the share of Australia increased by +41 percentage points.

In value terms, Australia ($X) remains the largest raw steel and steel semi-finished products supplier in Australia and Oceania, comprising 85% of total exports. The second position in the ranking was held by New Zealand ($X), with a 15% share of total exports.

In Australia, exports of raw steel and steel semi-finished products increased at an average annual rate of +20.6% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, falling by -54% against the previous year. Overall, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the export price increased by 329% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-1.1%).

Imports of Raw Steel And Steel Semi-Finished Products

Imports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded growth in supplies from abroad of raw steel and steel semi-finished products, which increased by 531% to X tons in 2021. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of raw steel and steel semi-finished products skyrocketed to $X in 2021. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia dominates products structure, recording X tons, which was approx. 95% of total imports in 2021. It was distantly followed by Fiji (X tons), committing a 4.6% share of total imports.

Australia was also the fastest-growing in terms of the raw steel and steel semi-finished products imports, with a CAGR of +50.5% from 2012 to 2021. Fiji experienced a relatively flat trend pattern. Australia (+63 p.p.) significantly strengthened its position in terms of the total imports, while Fiji saw its share reduced by -53% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported raw steel and steel semi-finished products in Australia and Oceania, comprising 93% of total imports. The second position in the ranking was held by Fiji ($X), with a 4.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +36.7%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, with a decrease of -18.2% against the previous year. In general, the import price saw a abrupt decline. The growth pace was the most rapid in 2015 an increase of 15% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Fiji ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Fiji (-1.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of consumption of raw steel and steel semi-finished products was Australia, accounting for 91% of total volume. Moreover, consumption of raw steel and steel semi-finished products in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, tenfold.
Australia constituted the country with the largest volume of production of raw steel and steel semi-finished products, comprising approx. 91% of total volume. Moreover, production of raw steel and steel semi-finished products in Australia exceeded the figures recorded by the second-largest producer, New Zealand, tenfold.
In value terms, Australia and New Zealand constituted the countries with the highest levels of exports in 2020.
In value terms, Australia constitutes the largest market for imported raw steel and steel semi-finished products in Australia and Oceania, comprising 66% of total imports. The second position in the ranking was occupied by Fiji, with a 26% share of total imports. It was followed by New Zealand, with a 5.7% share.
In 2020, the export price for raw steel and steel semi-finished products in Australia and Oceania amounted to $1,607 per ton, picking up by 145% against the previous year.
The import price for raw steel and steel semi-finished products in Australia and Oceania stood at $592 per ton in 2020, growing by 247% against the previous year.

This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Australia and Oceania. 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 24102110 - Flat semi-finished products (of non-alloy steel)
  • Prodcom 24102121 - Ingots, other primary forms and long semi-finished products for seamless tubes (of non-alloy steel)
  • Prodcom 24102122 - Other ingots, primary forms and long semi-finished products including blanks (of non-alloy steel)
  • Prodcom 24102210 - Flat semi-finished products (slabs) (of stainless steel)
  • Prodcom 24102221 - Ingots, other primary forms and long semi-finished products for seamless tubes (of stainless steel)
  • Prodcom 24102222 - Other ingots, primary forms and long semi-finished products (of stainless steel)
  • Prodcom 24102310 - Flat semi-finished products (of alloy steel other than of stainless steel)
  • Prodcom 24102321 - Ingots, other primary forms and long semi-finished products for seamless tubes (of alloy steel other than of stainless steel)
  • Prodcom 24102322 - Other ingots, primary forms and long semi-finished products (of alloy steel other than of stainless steel)

Country coverage:

  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Kiribati
  • Marshall Islands
  • Micronesia
  • New Caledonia
  • New Zealand
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands
  • American Samoa
  • Nauru
  • Niue
  • Guam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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