Australia and Oceania: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in Australia and Oceania

The hot-dipped metal-coated sheet market in Australia and Oceania amounted to $X in 2021, surging by 10% against the previous year. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Hot-Dipped Metal-Coated Sheet Production in Australia and Oceania

In value terms, hot-dipped metal-coated sheet production reached $X in 2021 estimated in export price. The total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 27%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Hot-Dipped Metal-Coated Sheet Exports

Exports in Australia and Oceania

In 2021, overseas shipments of hot-dipped metal-coated sheet decreased by -27.5% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 112% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, hot-dipped metal-coated sheet exports totaled $X in 2021. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 134% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Australia (X tons) and New Zealand (X tons) was the major exporter of hot-dipped metal-coated sheet in Australia and Oceania, achieving 99% of total export.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +44.5%).

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2021.

Australia, with a CAGR of +43.7%, 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 2021, the export price in Australia and Oceania amounted to $X per ton, jumping by 39% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+0.9%).

Hot-Dipped Metal-Coated Sheet Imports

Imports in Australia and Oceania

In 2021, overseas purchases of hot-dipped metal-coated sheet were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 49% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hot-dipped metal-coated sheet imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2014 when imports increased by 42%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Papua New Guinea was the major importing country with an import of about X tons, which recorded 36% of total imports. New Zealand (X tons) took the second position in the ranking, followed by Australia (X tons), Fiji (X tons) and New Caledonia (X tons). All these countries together held near 49% share of total imports. The following importers - Samoa (X tons) and Solomon Islands (X tons) - each accounted for a 7.6% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to hot-dipped metal-coated sheet imports into Papua New Guinea stood at +3.0%. At the same time, Fiji (+20.0%), New Caledonia (+15.0%), Samoa (+9.0%) and Solomon Islands (+3.0%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +20.0% from 2012-2021. New Zealand experienced a relatively flat trend pattern. By contrast, Australia (-25.6%) illustrated a downward trend over the same period. Papua New Guinea (+25 p.p.), Fiji (+11 p.p.), New Zealand (+10 p.p.), New Caledonia (+5.5 p.p.), Samoa (+3.1 p.p.) and Solomon Islands (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -62.9% from 2012 to 2021, respectively.

In value terms, Papua New Guinea ($X), New Zealand ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 63% share of total imports. Fiji, New Caledonia, Solomon Islands and Samoa lagged somewhat behind, together accounting for a further 29%.

Among the main importing countries, New Caledonia, with a CAGR of +21.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, rising by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2017 when the import price increased by 26%. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was New Caledonia ($X per ton), while Samoa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Caledonia (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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