Australia: Metal Non-Electric Bell Market 2025

Metal Non-Electric Bell Market Size in Australia

The Australian metal non-electric bell market surged to $X in 2021, jumping by 47% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Non-Electric Bell Exports

Exports from Australia

In 2021, approx. X tons of non-electric bells and gongs of base metal were exported from Australia; surging by 2.1% against 2020 figures. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 594% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal non-electric bell exports fell remarkably to $X in 2021. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,774%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for metal non-electric bell exports from Australia, with a 54% share of total exports. Moreover, metal non-electric bell exports to the United States exceeded the volume sent to the second major destination, New Zealand (X kg), fourfold. The third position in this ranking was taken by South Korea (X kg), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +45.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-0.8% per year) and South Korea (+41.0% per year).

In value terms, the United States ($X) remains the key foreign market for non-electric bells and gongs of base metal exports from Australia, comprising 50% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 13% share of total exports. It was followed by South Korea, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-3.8% per year) and South Korea (+0.9% per year).

Export Prices by Country

The average metal non-electric bell export price stood at $X per ton in 2021, dropping by -35% against the previous year. Overall, the export price saw a deep reduction. The growth pace was the most rapid in 2014 an increase of 234%. 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 somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to Singapore ($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 Zealand (-3.1%), while the prices for the other major destinations experienced a decline.

Metal Non-Electric Bell Imports

Imports into Australia

Metal non-electric bell imports into Australia soared to X tons in 2021, with an increase of 32% on 2020 figures. In general, imports, however, saw a abrupt setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, metal non-electric bell imports surged to $X in 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.2% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of metal non-electric bell imports to Australia, together comprising 84% of total imports. Italy, Hong Kong SAR, Nepal, Japan and the United States lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +42.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Taiwan (Chinese) ($X) were the largest metal non-electric bell suppliers to Australia, together accounting for 84% of total imports. These countries were followed by Italy, Hong Kong SAR, Nepal, Japan and the United States, which together accounted for a further 11%.

In terms of the main suppliers, Japan, with a CAGR of +25.6%, recorded the highest rates of growth with regard to 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 metal non-electric bell import price stood at $X per ton in 2021, with an increase of 14% against the previous year. Overall, the import price posted a resilient expansion. The growth pace was the most rapid in 2020 an increase of 37%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were India ($X per ton) and Japan ($X per ton), while the price for Italy ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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