Australia: Non-Alloy Steel I-Sections Market 2025

Non-Alloy Steel I-Sections Market Size in Australia

The Australian non-alloy steel i-sections market expanded significantly to $X in 2021, with an increase of 11% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Non-Alloy Steel I-Sections Production in Australia

In value terms, non-alloy steel i-sections production rose sharply to $X in 2021 estimated in export price. Overall, the total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.9% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 122%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Non-Alloy Steel I-Sections Exports

Exports from Australia

In 2021, approx. X tons of i-sections of non-alloy steel were exported from Australia; with an increase of 68% on the previous year's figure. Over the period under review, exports posted a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,103% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, non-alloy steel i-sections exports soared to $X in 2021. Overall, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by 638%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia totaled +116.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and New Caledonia (-48.8% per year).

In value terms, Indonesia ($X) remains the key foreign market for i-sections of non-alloy steel exports from Australia, comprising 93% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia amounted to +105.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and New Caledonia (-40.1% per year).

Export Prices by Country

In 2021, the average non-alloy steel i-sections export price amounted to $X per ton, jumping by 16% against the previous year. In general, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 140%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average 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 New Caledonia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+16.9%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Alloy Steel I-Sections Imports

Imports into Australia

In 2018, after three years of growth, there was significant decline in supplies from abroad of i-sections of non-alloy steel, when their volume decreased by -65.7% to X tons. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 1,472%. Imports peaked at X tons in 2017, and then reduced dramatically in the following year.

In value terms, non-alloy steel i-sections imports shrank sharply to $X in 2018. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2015 when imports increased by 460%. Imports peaked at $X in 2017, and then contracted dramatically in the following year.

Imports by Country

In 2018, Taiwan (Chinese) (X tons) constituted the largest non-alloy steel i-sections supplier to Australia, with a 73% share of total imports. Moreover, non-alloy steel i-sections imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold. Japan (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2018, the average annual growth rate of volume from Taiwan (Chinese) amounted to +82.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (0.0% per year) and Japan (-4.3% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of i-sections of non-alloy steel to Australia, comprising 65% of total imports. The second position in the ranking was held by Thailand ($X), with an 11% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2018, the average annual growth rate of value from Taiwan (Chinese) totaled +57.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (0.0% per year) and Spain (+56,380.6% per year).

Import Prices by Country

In 2018, the average non-alloy steel i-sections import price amounted to $X per ton, waning by -17.6% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 112%. The import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

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

From 2012 to 2018, the most notable rate of growth in terms of prices was attained by Japan (+31.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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