Australia and Oceania: Winding Wire Market 2025

Winding Wire Market Size in Australia and Oceania

The winding wire market in Australia and Oceania shrank to $X in 2022, waning by -3.7% against the previous year. Over the period under review, consumption saw a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Winding Wire Production in Australia and Oceania

In value terms, winding wire production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable downturn. The growth pace was the most rapid in 2015 when the production volume increased by 8% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Winding Wire Exports

Exports in Australia and Oceania

In 2022, shipments abroad of winding wire for electrical purposes decreased by -47.1% to X tons, falling for the seventh year in a row after two years of growth. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by 254%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, winding wire exports dropped markedly to $X in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 116% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, resulting at X tons, which was near 96% of total exports in 2022. Fiji (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to winding wire exports from Australia stood at -14.6%. At the same time, Fiji (+17.7%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +17.7% from 2012-2022. Fiji (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -2.9% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest winding wire supplier in Australia and Oceania, comprising 96% of total exports. The second position in the ranking was taken by Fiji ($X), with a 0.8% share of total exports.

In Australia, winding wire exports decreased by an average annual rate of -10.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, rising by 40% against the previous year. In general, the export price recorded tangible growth. The pace of growth was the most pronounced in 2021 when the export price increased by 101% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.5%).

Winding Wire Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of winding wire for electrical purposes decreased by -18% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of X tons, and then declined dramatically in the following year.

In value terms, winding wire imports contracted to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Australia was the main importing country with an import of around X tons, which recorded 67% of total imports. It was distantly followed by New Zealand (X tons) and Papua New Guinea (X tons), together constituting a 26% share of total imports. Samoa (X tons) held a little share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of winding wire for electrical purposes. At the same time, Samoa (+18.5%) and New Zealand (+4.0%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +18.5% from 2012-2022. By contrast, Papua New Guinea (-3.3%) illustrated a downward trend over the same period. While the share of New Zealand (+6.3 p.p.) and Samoa (+3.4 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Papua New Guinea (-2.8 p.p.) and Australia (-6.1 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported winding wire for electrical purposes in Australia and Oceania, comprising 70% of total imports. The second position in the ranking was held by New Zealand ($X), with an 18% share of total imports. It was followed by Papua New Guinea, with a 5% share.

In Australia, winding wire imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+3.2% per year) and Papua New Guinea (-7.1% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, surging by 15% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($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 (+1.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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