Australia and Oceania: Sheet Piling Market 2024

Sheet Piling Market Size in Australia and Oceania

The sheet piling market in Australia and Oceania dropped to $X in 2021, falling by -9.9% against the previous year. The total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +12.4% against 2019 indices. The level of consumption peaked at $X in 2020, and then reduced in the following year.

Sheet Piling Production in Australia and Oceania

In value terms, sheet piling production dropped to $X in 2021 estimated in export price. The total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +13.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 79%. Over the period under review, production attained the maximum level at $X in 2020, and then dropped in the following year.

Sheet Piling Exports

Exports in Australia and Oceania

In 2021, shipments abroad of sheet piling, shapes and sections (of iron or steel) was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 115% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheet piling exports surged to $X in 2021. Overall, exports, however, continue to indicate a sharp slump. The pace of growth was the most pronounced in 2018 when exports increased by 131% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Australia represented the main exporter of sheet piling, shapes and sections (of iron or steel) in Australia and Oceania, with the volume of exports recording X tons, which was approx. 86% of total exports in 2021. It was distantly followed by New Zealand (X tons), committing a 14% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to sheet piling exports from Australia stood at -16.8%. New Zealand (-10.0%) illustrated a downward trend over the same period. New Zealand (+6.4 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -6.6% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest sheet piling supplier in Australia and Oceania, comprising 76% of total exports. The second position in the ranking was held by New Zealand ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to -24.4%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, increasing by 22% against the previous year. In general, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by 51%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 (+5.9%).

Sheet Piling Imports

Imports in Australia and Oceania

In 2021, supplies from abroad of sheet piling, shapes and sections (of iron or steel) decreased by -10% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2016 with an increase of 31%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, sheet piling imports dropped markedly to $X in 2021. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 29%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons) and New Zealand (X tons) prevails in imports structure, together making up 79% of total imports. It was distantly followed by Papua New Guinea (X tons) and Samoa (X tons), together generating a 12% share of total imports. Solomon Islands (X tons), Marshall Islands (X tons) and New Caledonia (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Samoa (with a CAGR of +13.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported sheet piling, shapes and sections (of iron or steel) in Australia and Oceania, comprising 60% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 23% share of total imports. It was followed by Papua New Guinea, with a 7.1% share.

In Australia, sheet piling imports expanded at an average annual rate of +5.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+2.8% per year) and Papua New Guinea (-19.4% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, with a decrease of -10.5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 31%. The level of import peaked at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while Solomon Islands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :