Australia and Oceania: Non-Alloy Steel H-Sections Market 2025

Non-Alloy Steel H-Sections Market Size in Australia and Oceania

The non-alloy steel h-sections market in Australia and Oceania shrank to $X in 2022, which is down by -10.5% against the previous year. The total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.7% against 2016 indices. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Non-Alloy Steel H-Sections Production in Australia and Oceania

In value terms, non-alloy steel h-sections production reduced to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 54%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Non-Alloy Steel H-Sections Exports

Exports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded growth in overseas shipments of h-sections of of non-alloy steel, which increased by 88% to X tons in 2022. Over the period under review, exports recorded resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by 433% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, non-alloy steel h-sections exports soared to $X in 2022. Overall, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 351% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Australia (X tons) represented the largest exporter of h-sections of of non-alloy steel in Australia and Oceania, constituting 99% of total export.

Australia was also the fastest-growing in terms of the h-sections of of non-alloy steel exports, with a CAGR of +10.1% from 2012 to 2022. From 2012 to 2022, the share of Australia increased by +1.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest non-alloy steel h-sections supplier in Australia and Oceania.

In Australia, non-alloy steel h-sections exports increased at an average annual rate of +10.3% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, picking up by 26% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 67% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +0.2% per year.

Non-Alloy Steel H-Sections Imports

Imports in Australia and Oceania

In 2022, imports of h-sections of of non-alloy steel in Australia and Oceania contracted rapidly to X tons, declining by -31.5% against the previous year's figure. Overall, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 180% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, non-alloy steel h-sections imports shrank to $X in 2022. In general, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 277% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Australia (X tons) was the largest importer of h-sections of of non-alloy steel, comprising 67% of total imports. It was distantly followed by New Zealand (X tons) and Papua New Guinea (X tons), together achieving a 30% share of total imports.

Australia was also the fastest-growing in terms of the h-sections of of non-alloy steel imports, with a CAGR of +20.2% from 2012 to 2022. At the same time, Papua New Guinea (+4.5%) displayed positive paces of growth. By contrast, New Zealand (-4.7%) illustrated a downward trend over the same period. While the share of Australia (+67 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Papua New Guinea (-2.8 p.p.) and New Zealand (-59.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported h-sections of of non-alloy steel in Australia and Oceania, comprising 64% of total imports. The second position in the ranking was held by New Zealand ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +41.1%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-1.9% per year) and Papua New Guinea (+5.6% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, growing by 24% against the previous year. Overall, the import price recorded a slight expansion. The most prominent rate of growth was recorded in 2018 when the import price increased by 90% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

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 New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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