Australia: Non-Alloy Steel H-Sections Market 2025

Non-Alloy Steel H-Sections Market Size in Australia

The Australian non-alloy steel h-sections market dropped to $X in 2022, falling by -9.3% against the previous year. Over the period under review, the total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -10.3% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Non-Alloy Steel H-Sections Production in Australia

In value terms, non-alloy steel h-sections production contracted modestly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 54% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Non-Alloy Steel H-Sections Exports

Exports from Australia

For the third year in a row, Australia recorded growth in overseas shipments of h-sections of of non-alloy steel, which increased by 88% to X tons in 2022. Over the period under review, exports saw a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by 1,553% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, non-alloy steel h-sections exports surged to $X in 2022. In general, exports showed a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by 1,521%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Indonesia (X tons) was the main destination for non-alloy steel h-sections exports from Australia, with a 93% share of total exports. Moreover, non-alloy steel h-sections exports to Indonesia exceeded the volume sent to the second major destination, Vietnam (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Indonesia stood at +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (0.0% per year) and Thailand (-38.7% per year).

In value terms, Indonesia ($X) remains the key foreign market for h-sections of of non-alloy steel exports from Australia, comprising 92% of total exports. The second position in the ranking was held by Vietnam ($X), with a 7.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Indonesia stood at +27.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (0.0% per year) and Thailand (-39.8% per year).

Export Prices by Country

In 2022, the average non-alloy steel h-sections export price amounted to $X per ton, rising by 26% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Thailand ($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 Indonesia (+7.6%).

Non-Alloy Steel H-Sections Imports

Imports into Australia

In 2022, the amount of h-sections of of non-alloy steel imported into Australia shrank significantly to X tons, waning by -26.4% compared with the previous year's figure. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2015 with an increase of 282% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, non-alloy steel h-sections imports fell to $X in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2015 when imports increased by 364% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Vietnam (X tons), South Korea (X tons) and Bahrain (X tons) were the main suppliers of non-alloy steel h-sections imports to Australia, with a combined 51% share of total imports.

From 2014 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +1,096.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-alloy steel h-sections suppliers to Australia were Vietnam ($X), South Korea ($X) and Bahrain ($X), together comprising 49% of total imports.

Among the main suppliers, Vietnam, with a CAGR of +1,318.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-alloy steel h-sections import price stood at $X per ton in 2022, growing by 21% against the previous year. Over the period under review, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 116% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) and Bahrain ($X per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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