Australia: Iron Angle Market 2025

Iron Angle Market Size in Australia

The Australian iron angle market surged to $X in 2021, picking up by 115% against the previous year. Overall, consumption, however, saw a perceptible shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Iron Angle Production in Australia

In value terms, iron angle production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 when the production volume increased by 28%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Iron Angle Exports

Exports from Australia

In 2021, iron angle exports from Australia soared to X tons, picking up by 43% against 2020. Overall, exports, however, showed a precipitous decrease. The pace of growth was the most pronounced in 2017 with an increase of 88%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron angle exports soared to $X in 2021. Over the period under review, exports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2018 with an increase of 84% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for iron angle exports from Australia, with a 80% share of total exports. Moreover, iron angle exports to Indonesia exceeded the volume sent to the second major destination, Papua New Guinea (X tons), tenfold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume to Indonesia amounted to +34.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-14.6% per year) and the United Arab Emirates (+38.1% per year).

In value terms, Indonesia ($X) remains the key foreign market for angles, shapes and sections (of iron or non-alloy steel) exports from Australia, comprising 73% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 12% share of total exports. It was followed by the United Arab Emirates, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia totaled +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-16.4% per year) and the United Arab Emirates (+7.3% per year).

Export Prices by Country

The average iron angle export price stood at $X per ton in 2021, picking up by 9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 49%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+13.6%), while the prices for the other major destinations experienced a decline.

Iron Angle Imports

Imports into Australia

In 2021, imports of angles, shapes and sections (of iron or non-alloy steel) into Australia surged to X tons, rising by 218% on 2020 figures. In general, imports continue to indicate a prominent expansion. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, iron angle imports soared to $X in 2021. Over the period under review, imports showed tangible growth. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest iron angle supplier to Australia, accounting for a 12% share of total imports. Moreover, iron angle imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), eightfold. The third position in this ranking was taken by Bahrain (X tons), with a 0.8% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +108.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+81.0% per year) and Bahrain (+58.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of angles, shapes and sections (of iron or non-alloy steel) to Australia, comprising 9.2% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 1.7% share of total imports. It was followed by Bahrain, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +87.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+87.4% per year) and Bahrain (+83.1% per year).

Import Prices by Country

The average iron angle import price stood at $X per ton in 2021, with an increase of 29% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 48%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Vietnam ($X per ton) and Bahrain ($X per ton), while the price for the United Arab Emirates ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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