Australia - Base Metal Cored Wire For Electric Arc-Welding - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCored Arc-Welding Wire Price in Australia - 2023
Contents:
- Cored Arc-Welding Wire Price in Australia (CIF) - 2022
- Cored Arc-Welding Wire Price in Australia (FOB) - 2022
- Cored Arc-Welding Wire Imports in Australia
- Cored Arc-Welding Wire Exports in Australia
Cored Arc-Welding Wire Price in Australia (CIF) - 2022
In 2022, the average cored arc-welding wire import price amounted to $3,810 per ton, growing by 11% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $3,887 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($9,250 per ton), while the price for Vietnam ($2,062 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cored Arc-Welding Wire Price in Australia (FOB) - 2022
The average cored arc-welding wire export price stood at $10,720 per ton in 2022, surging by 8.3% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cored arc-welding wire export price increased by +70.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($36,243 per ton), while the average price for exports to South Korea ($2,841 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 Saudi Arabia (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cored Arc-Welding Wire Imports in Australia
Cored arc-welding wire imports into Australia reached 8.2K tons in 2022, leveling off at the previous year. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cored arc-welding wire imports rose rapidly to $31M in 2022. The total import value increased at an average annual rate of +12.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Cored Arc-Welding Wire in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 5.9 | 5.7 | 8.8 | 8.5 | 12.9% |
China | 3.0 | 3.6 | 5.3 | 6.0 | 26.0% |
United States | 4.4 | 4.0 | 4.2 | 5.4 | 7.1% |
Poland | 1.0 | 1.1 | 1.1 | 2.7 | 39.2% |
Malaysia | 1.8 | 1.6 | 2.3 | 2.5 | 11.6% |
Italy | 2.0 | 2.1 | 1.0 | 1.1 | -18.1% |
Vietnam | 0.4 | 0.6 | 0.4 | 0.6 | 14.5% |
Others | 3.9 | 5.1 | 5.1 | 4.5 | 4.9% |
Total | 22.2 | 23.7 | 28.1 | 31.3 | 12.1% |
Top Suppliers of Cored Arc-Welding Wire to Australia in 2022:
- South Korea (2.9K tons)
- China (2.0K tons)
- United States (0.9K tons)
- Poland (0.8K tons)
- Malaysia (0.4K tons)
- Vietnam (0.3K tons)
- Italy (0.2K tons)
Cored Arc-Welding Wire Exports in Australia
In 2022, after two years of decline, there was significant growth in overseas shipments of cored arc-welding wire, when their volume increased by 96% to 80 tons. In general, exports, however, continue to indicate a drastic downturn.
In value terms, cored arc-welding wire exports soared to $857K in 2022. Over the period under review, exports posted a tangible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cored Arc-Welding Wire in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 171 | 138 | 188 | 246 | 12.9% |
New Zealand | 264 | 127 | 70.3 | 239 | -3.3% |
Mongolia | N/A | 4.1 | N/A | 195 | 589.6% |
Papua New Guinea | 54.6 | 3.3 | 31.3 | 40.6 | -9.4% |
South Korea | 50.8 | 4.3 | N/A | 34.1 | -12.4% |
Cambodia | N/A | 2.2 | 10.3 | 31.6 | 279.0% |
New Caledonia | 4.5 | 3.6 | 4.4 | 24.0 | 74.7% |
Fiji | 33.5 | 2.4 | 11.0 | 5.9 | -43.9% |
China | 82.8 | 75.7 | 12.4 | 1.5 | -73.7% |
Philippines | N/A | 47.3 | N/A | N/A | 0% |
Singapore | 62.5 | 1.9 | 30.1 | N/A | -30.6% |
Others | 30.7 | 42.2 | 46.4 | 40.0 | 9.2% |
Total | 754 | 452 | 405 | 857 | 4.4% |
Top Export Markets for Cored Arc-Welding Wire from Australia in 2022:
- New Zealand (31.7 tons)
- Mongolia (13.6 tons)
- South Korea (12.0 tons)
- Indonesia (8.1 tons)
- Papua New Guinea (6.1 tons)
- New Caledonia (2.6 tons)
- Cambodia (2.5 tons)
- Fiji (0.6 tons)
- China (0.4 tons)
This report provides an in-depth analysis of the cored arc-welding wire market 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 25931530 - Base metal cored wire for electric arc-welding (excluding wire and rods of cored solder, the solder consisting of an alloy containing 2 % or more by weight, of any one precious metal)
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
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cored arc-welding wire market in Australia.
This report provides an in-depth analysis of the coated arc-welding electrode market in Australia.
This report provides an in-depth analysis of the agglomerated powder rod market in Australia.
This report provides an in-depth analysis of the global cored arc-welding wire market.
This report provides an in-depth analysis of the global coated arc-welding electrode market.
This report provides an in-depth analysis of the global agglomerated powder rod market.
This report provides an in-depth analysis of the cored arc-welding wire market in Australia.
This report provides an in-depth analysis of the coated arc-welding electrode market in Australia.
This report provides an in-depth analysis of the agglomerated powder rod market in Australia.
This report provides an in-depth analysis of the global cored arc-welding wire market.
Nothing found. Please try again.