Australia: Market for Base Metal Fittings For Loose-Leaf Binders Or Files 2024

Market Size for Base Metal Fittings For Loose-Leaf Binders Or Files in Australia

In 2022, the Australian loose-leaf binder metal fitting market increased by 30% to $X for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, consumption, however, recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Base Metal Fittings For Loose-Leaf Binders Or Files

Exports from Australia

Loose-leaf binder metal fitting exports from Australia skyrocketed to X tons in 2022, picking up by 515% on the previous year. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 4,401%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, loose-leaf binder metal fitting exports skyrocketed to $X in 2022. Overall, exports enjoyed moderate growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,729%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X tons), China (X tons) and Fiji (X kg) were the main destinations of loose-leaf binder metal fitting exports from Australia.

From 2012 to 2022, the biggest increases were recorded for Fiji (with a CAGR of +119.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for loose-leaf binder metal fitting exported from Australia were China ($X), New Zealand ($X) and Fiji ($X).

In terms of the main countries of destination, Fiji, with a CAGR of +61.0%, saw the highest rates of growth with regard to the value of exports, 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 loose-leaf binder metal fitting export price amounted to $X per ton, rising by 37% against the previous year. In general, the export price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 198% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Fiji ($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 New Zealand (-3.1%), while the prices for the other major destinations experienced a decline.

Imports of Base Metal Fittings For Loose-Leaf Binders Or Files

Imports into Australia

In 2022, supplies from abroad of base metal fittings for loose-leaf binders or files was finally on the rise to reach X tons for the first time since 2012, thus ending a nine-year declining trend. Overall, imports, however, showed a precipitous slump. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, loose-leaf binder metal fitting imports soared to $X in 2022. In general, imports, however, continue to indicate a deep contraction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest loose-leaf binder metal fitting supplier to Australia, accounting for a 87% share of total imports. Moreover, loose-leaf binder metal fitting imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X tons), more than tenfold. The third position in this ranking was held by South Korea (X tons), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+35.1% per year) and South Korea (+77.1% per year).

In value terms, China ($X) constituted the largest supplier of base metal fittings for loose-leaf binders or files to Australia, comprising 87% of total imports. The second position in the ranking was taken by Hungary ($X), with a 7.6% share of total imports. It was followed by South Korea, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+26.1% per year) and South Korea (+83.6% per year).

Import Prices by Country

In 2022, the average loose-leaf binder metal fitting import price amounted to $X per ton, with an increase of 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 15%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per ton) and Spain ($X per ton), while the price for South Korea ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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