Australia - Chain and Parts Thereof of Copper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia: Copper Chain Market 2024
Copper Chain Market Size in Australia
After two years of growth, the Australian copper chain market decreased by -75.3% to $X in 2022. In general, consumption saw a abrupt decrease. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.
Copper Chain Production in Australia
In value terms, copper chain production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by 10%. Copper chain production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Copper Chain Exports
Exports from Australia
After two years of decline, overseas shipments of chain and parts thereof of copper increased by 177% to X tons in 2022. Overall, exports posted strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by 1,192% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.
In value terms, copper chain exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 693%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.
Exports by Country
New Zealand (X tons) was the main destination for copper chain exports from Australia, accounting for a 97% share of total exports. It was followed by Singapore (X kg), with a 2.6% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand amounted to +16.7%.
In value terms, New Zealand ($X) remains the key foreign market for chain and parts thereof of copper exports from Australia, comprising 62% of total exports. The second position in the ranking was held by Singapore ($X), with a 30% share of total exports.
From 2012 to 2022, the average annual growth rate of value to New Zealand stood at +12.5%.
Export Prices by Country
The average copper chain export price stood at $X per ton in 2022, falling by -49.9% against the previous year. In general, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2020 an increase of 143% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to New Zealand totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+103.2%), while the prices for the other major destinations experienced mixed trend patterns.
Copper Chain Imports
Imports into Australia
In 2022, approx. X tons of chain and parts thereof of copper were imported into Australia; reducing by -42.2% compared with 2021 figures. In general, imports faced a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 52%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.
In value terms, copper chain imports dropped rapidly to $X in 2022. Over the period under review, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 233% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.
Imports by Country
China (X kg), India (X kg) and the United States (X kg) were the main suppliers of copper chain imports to Australia, with a combined 82% share of total imports.
From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +16.8%), while purchases for the other leaders experienced a decline.
In value terms, China ($X) constituted the largest supplier of chain and parts thereof of copper to Australia, comprising 63% of total imports. The second position in the ranking was taken by India ($X), with a 15% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.
From 2012 to 2022, the average annual growth rate of value from China totaled -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+23.6% per year) and Taiwan (Chinese) (+0.8% per year).
Import Prices by Country
The average copper chain import price stood at $X per ton in 2022, rising by 13% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 119% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the copper chain market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931770 - Chain and parts thereof of copper
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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