Australia: Metal Screw Hook Market 2025

Metal Screw Hook Market Size in Australia

The Australian metal screw hook market reached $X in 2022, approximately mirroring the previous year. In general, consumption, however, saw a relatively flat trend pattern. Metal screw hook consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Metal Screw Hook Production in Australia

In value terms, metal screw hook production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 23% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Metal Screw Hook Exports

Exports from Australia

In 2022, overseas shipments of iron or steel screw hooks and screw rings were finally on the rise to reach X tons after three years of decline. Over the period under review, exports posted a tangible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal screw hook exports skyrocketed to $X in 2022. Overall, exports showed a temperate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), New Zealand (X tons) and Papua New Guinea (X tons) were the main destinations of metal screw hook exports from Australia, together accounting for 93% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +64.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for iron or steel screw hooks and screw rings exports from Australia, comprising 57% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a 16% share of total exports. It was followed by New Zealand, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +58.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+32.3% per year) and New Zealand (+13.5% per year).

Export Prices by Country

In 2022, the average metal screw hook export price amounted to $X per ton, shrinking by -29.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 62%. As a result, the export price reached the peak level of $X per ton, and then fell sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to New Zealand ($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 New Zealand (+0.3%), while the prices for the other major destinations experienced a decline.

Metal Screw Hook Imports

Imports into Australia

In 2022, approx. X tons of iron or steel screw hooks and screw rings were imported into Australia; declining by -11% against the previous year's figure. Overall, imports, however, recorded a temperate expansion. The growth pace was the most rapid in 2017 with an increase of 83%. Over the period under review, imports reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, metal screw hook imports fell markedly to $X in 2022. In general, imports, however, showed a tangible increase. The most prominent rate of growth was recorded in 2017 with an increase of 36%. Over the period under review, imports hit record highs at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal screw hook to Australia, accounting for a 74% share of total imports. Moreover, metal screw hook imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), ninefold. The third position in this ranking was held by Poland (X tons), with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-8.8% per year) and Poland (+148.4% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel screw hooks and screw rings to Australia, comprising 74% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 8.2% share of total imports. It was followed by Poland, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-9.4% per year) and Poland (+135.9% per year).

Import Prices by Country

In 2022, the average metal screw hook import price amounted to $X per ton, declining by -13.5% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the average import price increased by 45%. As a result, import price attained the peak level of $X per ton. From 2016 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 Poland ($X per ton) and China ($X per ton), while the price for Thailand ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :