Australia and Oceania: Metal Washer Market 2025

Metal Washer Market Size in Australia and Oceania

In 2021, the metal washer market in Australia and Oceania increased by 33% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a strong increase. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in years to come.

Metal Washer Production in Australia and Oceania

In value terms, metal washer production rose notably to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 27%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Metal Washer Exports

Exports in Australia and Oceania

Metal washer exports soared to X tons in 2021, increasing by 24% against 2020 figures. Overall, exports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of 89%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, metal washer exports fell significantly to $X in 2021. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, resulting at X tons, which was near 94% of total exports in 2021. It was distantly followed by New Zealand (X tons), generating a 5.7% share of total exports.

Exports from Australia decreased at an average annual rate of -15.6% from 2012 to 2021. At the same time, New Zealand (+9.0%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +9.0% from 2012-2021. While the share of New Zealand (+5.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-5.2 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest metal washer supplier in Australia and Oceania, comprising 84% of total exports. The second position in the ranking was held by New Zealand ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to -17.5%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, with a decrease of -34.9% against the previous year. Over the period under review, the export price saw a mild decrease. The pace of growth appeared the most rapid in 2017 an increase of 138% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+0.7%).

Metal Washer Imports

Imports in Australia and Oceania

In 2021, overseas purchases of iron or steel washers were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 50% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, metal washer imports surged to $X in 2021. Total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia represented the main importer of iron or steel washers in Australia and Oceania, with the volume of imports amounting to X tons, which was approx. 82% of total imports in 2021. It was distantly followed by New Zealand (X tons), comprising a 16% share of total imports.

Australia was also the fastest-growing in terms of the iron or steel washers imports, with a CAGR of +5.6% from 2012 to 2021. At the same time, New Zealand (+2.2%) displayed positive paces of growth. From 2012 to 2021, the share of Australia increased by +5.7 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported iron or steel washers in Australia and Oceania, comprising 80% of total imports. The second position in the ranking was held by New Zealand ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at +4.7%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, picking up by 6.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 13% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+2.7%).

Source: IndexBox Platform

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