Report Update Feb 1, 2025

Australia - Ribbed or Other Deformed Wire Rod of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Market for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel 2025

Market Size for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Australia

In 2021, the Australian market for ribbed or other deformed wire rod of non-alloy steel decreased by -8.3% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Australia

In value terms, deformed non-alloy steel wire rod production reduced to $X in 2021 estimated in export price. Overall, production, however, recorded a measured increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 63%. Over the period under review, production attained the maximum level at $X in 2020, and then declined in the following year.

Exports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Exports from Australia

In 2021, deformed non-alloy steel wire rod exports from Australia dropped markedly to X tons, which is down by -64.4% on 2020. Over the period under review, exports, however, showed strong growth. The growth pace was the most rapid in 2016 when exports increased by 1,132%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, deformed non-alloy steel wire rod exports dropped to $X in 2021. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 1,526% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Papua New Guinea (X tons) was the main destination for deformed non-alloy steel wire rod exports from Australia, accounting for a 99% share of total exports. It was followed by New Zealand (X kg), with a 1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Papua New Guinea totaled +11.1%.

In value terms, Papua New Guinea ($X) emerged as the key foreign market for ribbed or other deformed wire rod of non-alloy steel exports from Australia, comprising 88% of total exports. The second position in the ranking was held by New Zealand ($X), with a 2.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Papua New Guinea amounted to +13.6%.

Export Prices by Country

In 2021, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, surging by 153% against the previous year. Overall, the export price posted a noticeable expansion. The most prominent rate of growth was recorded in 2018 an increase of 185%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the 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 Zealand ($X per ton), while the average price for exports to Papua New Guinea amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Imports into Australia

In 2019, overseas purchases of ribbed or other deformed wire rod of non-alloy steel decreased by -23.7% to X tons, falling for the second year in a row after six years of growth. In general, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 when imports increased by 28% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2019, imports failed to regain momentum.

In value terms, deformed non-alloy steel wire rod imports shrank significantly to $X in 2019. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 37% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2019, the growth of imports failed to regain momentum.

Imports by Country

In 2019, Singapore (X tons) constituted the largest supplier of deformed non-alloy steel wire rod to Australia, with a approx. 18% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Singapore stood at +40.7%.

In value terms, Singapore ($X) constituted the largest supplier of ribbed or other deformed wire rod of non-alloy steel to Australia.

From 2012 to 2019, the average annual growth rate of value from Singapore stood at +27.5%.

Import Prices by Country

In 2019, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, declining by -7.3% against the previous year. In general, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Singapore.

From 2012 to 2019, the rate of growth in terms of prices for Singapore amounted to -9.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ribbed or other deformed wire rod of non-alloy steel in the world?

China constituted the country with the largest volume of deformed non-alloy steel wire rod consumption, comprising approx. 22% of total volume. Moreover, deformed non-alloy steel wire rod consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of ribbed or other deformed wire rod of non-alloy steel in the world?

China remains the largest deformed non-alloy steel wire rod producing country worldwide, accounting for 22% of total volume. Moreover, deformed non-alloy steel wire rod production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of ribbed or other deformed wire rod of non-alloy steel to Australia?

In value terms, the largest deformed non-alloy steel wire rod suppliers to Australia were Italy, Poland and Singapore, together comprising 81% of total imports. These countries were followed by Turkey, New Zealand, Spain and South Korea, which together accounted for a further 18%.

What are the leading importers of ribbed or other deformed wire rod of non-alloy steel from Australia?

In value terms, South Korea emerged as the key foreign market for deformed non-alloy steel wire rod exports from Australia, comprising 65% of total exports. The second position in the ranking was occupied by Papua New Guinea, with a 31% share of total exports.

What is the average export price for ribbed or other deformed wire rod of non-alloy steel in Australia?

The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $913 per ton in 2020, surging by 6.4% against the previous year.

What is the average import price for ribbed or other deformed wire rod of non-alloy steel in Australia?

In 2020, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $647 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024