Australia and Oceania: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports in Australia and Oceania

In 2020, overseas shipments of iron or steel leaf-springs and leaves decreased by -X% to X tons for the first time since 2015, thus ending a four-year rising trend. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tons in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, exports of iron or steel leaf-springs and leaves contracted dramatically to $X in 2020. In general, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Australia prevails in exports of iron or steel leaf-springs and leaves structure, resulting at X tons, which was approx. X% of total exports in 2020. New Zealand (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the iron or steel leaf-springs and leaves exports, with a CAGR of -X% from 2007 to 2020. New Zealand (-X%) illustrated a downward trend over the same period. While the share of Australia (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of New Zealand (-X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest iron or steel leaf-spring and leave supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports.

In Australia, exports of iron or steel leaf-springs and leaves shrank by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

The export price for iron or steel leaf-springs and leaves in Australia and Oceania stood at $X per ton in 2020, shrinking by -X% against the previous year. Export price indicated a notable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for iron or steel leaf-springs and leaves decreased by -X% against 2017 indices. The growth pace was the most rapid in 2008 when the export price increased by X% against the previous year. Over the period under review, export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports in Australia and Oceania

In 2020, overseas purchases of iron or steel leaf-springs and leaves decreased by -X% to X tons, falling for the second consecutive year after three years of growth. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. The volume of import peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, imports of iron or steel leaf-springs and leaves skyrocketed to $X in 2020. Total imports indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Australia dominates imports of iron or steel leaf-springs and leaves structure, amounting to X tons, which was near X% of total imports in 2020. It was distantly followed by New Zealand (X tons), constituting a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to iron or steel leaf-spring and leave imports into Australia stood at +X%. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2020. New Zealand (+X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -X% from 2007 to 2020, respectively.

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

From 2007 to 2020, the average annual rate of growth in terms of value in Australia amounted to +X%.

Import Prices by Country

The import price for iron or steel leaf-springs and leaves in Australia and Oceania stood at $X per ton in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox Platform

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