Australia and Oceania: Forged Steel Bar Market 2020

Forged Steel Bar Market Size in Australia and Oceania

The revenue of the forged steel bar market in Australia and Oceania amounted to $X in 2017, coming up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The forged steel bar consumption continues to indicate a mild descent. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. Over the period under review, the forged steel bar market attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Forged Steel Bar Exports in Australia and Oceania

In 2017, approx. X tons of forged bars of steel and hot-rolled barsof non-alloy steel were exported in Australia and Oceania; shrinking by -X% against the previous year. The forged steel bar exports continue to indicate an abrupt setback. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, forged steel bar exports amounted to $X in 2017. The forged steel bar exports continue to indicate a drastic drop. Over the period under review, the forged steel bar exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Forged Steel Bar Exports by Country in Australia and Oceania

In 2017, Australia (X tons) represented the major exporter for forged bars of steel and hot-rolled barsof non-alloy steel, creating X% of total exports. It was distantly followed by New Zealand (X tons), constituting X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to forged steel bar exports from Australia stood at -X%. New Zealand (-X%) illustrated a downward trend over the same period. While the share of Australia (X%) and New Zealand (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest forged steel bar supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

In Australia, forged steel bar exports contracted by an average annual rate of -X% over the period from 2007-2017.

Forged Steel Bar Export Prices by Country in Australia and Oceania

The forged steel bar export price in Australia and Oceania stood at $X per ton in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. In that year, the export prices for forged bars of steel and hot-rolled barsof non-alloy steel reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for forged bars of steel and hot-rolled barsof non-alloy steel stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Australia ($X per ton) and New Zealand ($X per ton), while New Zealand ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Forged Steel Bar Imports in Australia and Oceania

In 2017, the amount of forged bars of steel and hot-rolled barsof non-alloy steel imported in Australia and Oceania amounted to X tons, growing by X% against the previous year. The forged steel bar imports continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, forged steel bar imports amounted to $X in 2017. The forged steel bar imports continue to indicate an abrupt drop. In that year, the forged steel bar imports reached their peak level of $X. From 2011 to 2017, growth of the forged steel bar imports stood at a somewhat lower level.

Forged Steel Bar Imports by Country in Australia and Oceania

Australia represented the largest importer of forged bars of steel and hot-rolled barsof non-alloy steel in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2017. It was distantly followed by New Zealand (X tons), making up X% share of total imports.

Imports into Australia decreased at an average annual rate of -X% from 2007 to 2017. New Zealand (-X%) illustrated a downward trend over the same period. Australia (X%) and New Zealand (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported forged bars of steel and hot-rolled barsof non-alloy steel in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in Australia amounted to -X%.

Forged Steel Bar Import Prices by Country in Australia and Oceania

The forged steel bar import price in Australia and Oceania stood at $X per ton in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% against the previous year. Over the period under review, the import prices for forged bars of steel and hot-rolled barsof non-alloy steel reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in New Zealand ($X per ton) and Australia ($X per ton), while Australia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Australia (+X% per year).

Source: IndexBox Platform