Australia: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in Australia

The Australian cold metal-rolling mill market rose notably to $X in 2022, increasing by X% against the previous year. In general, consumption enjoyed a strong increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Cold Metal-Rolling Mill Production in Australia

In value terms, cold metal-rolling mill production rose significantly to $X in 2022 estimated in export price. In general, production saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Cold Metal-Rolling Mill Exports

Exports from Australia

In 2022, after two years of growth, there was significant decline in shipments abroad of cold metal-rolling mills, when their volume decreased by X% to X units. Over the period under review, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cold metal-rolling mill exports fell significantly to $X in 2022. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) and New Zealand (X units) were the main destinations of cold metal-rolling mill exports from Australia. Moreover, cold metal-rolling mill exports in the United States exceeded the figures recorded by the second-largest exporter, New Zealand, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of X%).

In value terms, the United States ($X) remains the key foreign market for cold metal-rolling mills exports from Australia, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%.

Export Prices by Country

In 2022, the average cold metal-rolling mill export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to New Zealand totaled $X per unit.

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

Cold Metal-Rolling Mill Imports

Imports into Australia

In 2022, approx. X units of cold metal-rolling mills were imported into Australia; surging by X% against the year before. In general, imports posted strong growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, cold metal-rolling mill imports expanded significantly to $X in 2022. Over the period under review, imports continue to indicate a notable expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X units), New Zealand (X units) and Italy (X units) were the main suppliers of cold metal-rolling mill imports to Australia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), New Zealand ($X) and Italy ($X) constituted the largest cold metal-rolling mill suppliers to Australia, together accounting for X% of total imports. The UK, Taiwan (Chinese), the United States, India, Germany, Iran, Spain and Turkey lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cold metal-rolling mill import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per unit 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 Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :