Australia and Oceania: Metal Chain Market 2025

Metal Chain Market Size in Australia and Oceania

The metal chain market in Australia and Oceania stood at $X in 2022, surging by 6.8% against the previous year. Overall, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Metal Chain Production in Australia and Oceania

In value terms, metal chain production expanded to $X in 2022 estimated in export price. Over the period under review, production showed a strong increase. The pace of growth was the most pronounced in 2015 when the production volume increased by 92% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Metal Chain Exports

Exports in Australia and Oceania

In 2022, metal chain exports in Australia and Oceania shrank remarkably to X tons, with a decrease of -28.4% against 2021 figures. Over the period under review, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2013 with an increase of 90% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal chain exports reduced notably to $X in 2022. In general, exports saw a pronounced downturn. The growth pace was the most rapid in 2013 when exports increased by 68%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia represented the major exporting country with an export of around X tons, which amounted to 85% of total exports. It was distantly followed by New Zealand (X tons), generating a 13% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal chain exports from Australia stood at -4.7%. New Zealand experienced a relatively flat trend pattern. From 2012 to 2022, the share of New Zealand increased by +4.8 percentage points.

In value terms, Australia ($X) remains the largest metal chain supplier in Australia and Oceania, comprising 89% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 10% share of total exports.

In Australia, metal chain exports shrank by an average annual rate of -2.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, with an increase of 19% against the previous year. Overall, the export price continues to indicate a mild increase. The pace of growth appeared the most rapid in 2017 an increase of 105% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.3%).

Metal Chain Imports

Imports in Australia and Oceania

Metal chain imports dropped to X tons in 2022, falling by -6.7% on the previous year's figure. Over the period under review, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 66% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal chain imports shrank to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 401% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Australia represented the key importer of iron or steel chain in Australia and Oceania, with the volume of imports accounting for X tons, which was approx. 79% of total imports in 2022. It was distantly followed by New Zealand (X tons), mixing up a 13% share of total imports. Fiji (X tons) held a relatively small share of total imports.

Imports into Australia decreased at an average annual rate of -5.4% from 2012 to 2022. At the same time, Fiji (+17.3%) and New Zealand (+3.4%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +17.3% from 2012-2022. While the share of New Zealand (+7.1 p.p.) and Fiji (+2.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-11.5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported iron or steel chain in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia was relatively modest. In the other countries, the average annual rates were as follows: New Zealand (+4.1% per year) and Fiji (+16.3% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price recorded a notable expansion. The most prominent rate of growth was recorded in 2016 when the import price increased by 201% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices failed to regain momentum.

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 ($X per ton), while Fiji ($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 (+4.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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