Australia: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in Australia

The Australian coated arc-welding electrode market contracted to $X in 2022, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Coated Arc-Welding Electrode Exports

Exports from Australia

After two years of growth, overseas shipments of coated base metal electrodes for electric arc-welding decreased by X% to X tons in 2022. Overall, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode exports shrank rapidly to $X in 2022. Over the period under review, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X tons), Papua New Guinea (X tons) and Indonesia (X tons) were the main destinations of coated arc-welding electrode exports from Australia, together comprising X% of total exports. Fiji, Malaysia, South Korea, Samoa, Canada and Singapore lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for coated arc-welding electrode exported from Australia were Indonesia ($X), New Zealand ($X) and Papua New Guinea ($X), together accounting for X% of total exports. South Korea, Fiji, Malaysia, Samoa, Canada and Singapore lagged somewhat behind, together accounting for a further X%.

Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average coated arc-welding electrode export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price enjoyed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Samoa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coated Arc-Welding Electrode Imports

Imports into Australia

In 2022, the amount of coated base metal electrodes for electric arc-welding imported into Australia declined to X tons, falling by X% against the year before. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode imports fell to $X in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, New Zealand (X tons) constituted the largest supplier of coated arc-welding electrode to Australia, accounting for a X% share of total imports. Moreover, coated arc-welding electrode imports from New Zealand exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold. Thailand (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from New Zealand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Thailand (X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of coated base metal electrodes for electric arc-welding to Australia, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual growth rate of value from New Zealand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average coated arc-welding electrode import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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