Australia: Market for Iron Or Steel Anchors, Grapnels 2025

Market Size for Iron Or Steel Anchors, Grapnels in Australia

For the third year in a row, the Australian metal anchors and grapnels market recorded decline in sales value, which decreased by -1% to $X in 2022. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Iron Or Steel Anchors, Grapnels in Australia

In value terms, metal anchors and grapnels production declined remarkably to $X in 2022 estimated in export price. Overall, production, however, recorded a strong expansion. The growth pace was the most rapid in 2016 with an increase of 385% against the previous year. Metal anchors and grapnels production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Iron Or Steel Anchors, Grapnels

Exports from Australia

Metal anchors and grapnels exports from Australia shrank sharply to X units in 2022, waning by -19.8% compared with 2021. Overall, exports, however, enjoyed a tangible expansion. The pace of growth was the most pronounced in 2016 when exports increased by 192% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal anchors and grapnels exports declined sharply to $X in 2022. Over the period under review, exports saw a slight contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 116% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand (X units), the United States (X units) and Indonesia (X units) were the main destinations of metal anchors and grapnels exports from Australia, together comprising 69% of total exports. Canada, the UK, South Korea, Singapore and the United Arab Emirates lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +76.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal anchors and grapnels exported from Australia were New Zealand ($X), the United States ($X) and Indonesia ($X), together comprising 69% of total exports. Canada, the UK, South Korea, Singapore and the United Arab Emirates lagged somewhat behind, together comprising a further 21%.

Among the main countries of destination, Canada, with a CAGR of +45.8%, saw the highest growth rate of 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

The average metal anchors and grapnels export price stood at $X per unit in 2022, remaining constant against the previous year. Overall, the export price saw a deep downturn. The growth pace was the most rapid in 2017 an increase of 110%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and New Zealand ($X per unit), while the average price for exports to Singapore ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Anchors, Grapnels

Imports into Australia

In 2022, the amount of iron or steel anchors, grapnels imported into Australia soared to X units, picking up by 37% against the previous year. In general, imports, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 with an increase of 79%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, metal anchors and grapnels imports soared to $X in 2022. Overall, imports, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of 64% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), the United States (X units) and Turkey (X units) were the main suppliers of metal anchors and grapnels imports to Australia, together accounting for 89% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +36.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal anchors and grapnels suppliers to Australia were China ($X), the United States ($X) and Turkey ($X), with a combined 89% share of total imports.

Turkey, with a CAGR of +26.7%, recorded 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 mixed trend patterns.

Import Prices by Country

In 2022, the average metal anchors and grapnels import price amounted to $X per unit, shrinking by -4.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Africa ($X per unit) and the United States ($X per unit), while the price for Singapore ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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