Australia: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in Australia

In 2022, the Australian metal cutting shear market decreased by -0.7% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Metal cutting shear consumption peaked at $X in 2021, and then shrank slightly in the following year.

Metal Cutting Shear Exports

Exports from Australia

In 2022, shipments abroad of metal cutting shears and similar hand tools decreased by -3.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 97%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal cutting shear exports stood at $X in 2022. Overall, exports continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2013 when exports increased by 95% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for metal cutting shear exports from Australia, with a 59% share of total exports. Moreover, metal cutting shear exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X kg), sevenfold. Russia (X kg) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+51.9% per year) and Russia (+201.6% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for metal cutting shears and similar hand tools exports from Australia, comprising 46% of total exports. The second position in the ranking was held by Russia ($X), with an 11% share of total exports. It was followed by China, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+269.4% per year) and China (+11.6% per year).

Export Prices by Country

The average metal cutting shear export price stood at $X per ton in 2022, increasing by 12% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 87% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Papua New Guinea ($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 Samoa (+120.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports into Australia

After two years of growth, overseas purchases of metal cutting shears and similar hand tools decreased by -11.9% to X tons in 2022. Over the period under review, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 68%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal cutting shear imports stood at $X in 2022. In general, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons), Taiwan (Chinese) (X tons) and China (X tons) were the main suppliers of metal cutting shear imports to Australia, with a combined 89% share of total imports. Germany, Japan and Switzerland lagged somewhat behind, together accounting for a further 8.1%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +5.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal cutting shear suppliers to Australia were the United States ($X), Taiwan (Chinese) ($X) and China ($X), with a combined 89% share of total imports. Germany, Japan and Switzerland lagged somewhat behind, together comprising a further 8.1%.

Switzerland, with a CAGR of +6.6%, saw the highest rates of growth with regard to 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 metal cutting shear import price amounted to $X per ton, growing by 17% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal cutting shear import price increased by +118.7% against 2015 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 43%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for Switzerland ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :