Australia - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConcrete Reinforcing Bar Price in Australia - 2023
Contents:
- Concrete Reinforcing Bar Price in Australia (CIF) - 2022
- Concrete Reinforcing Bar Price in Australia (FOB) - 2022
- Concrete Reinforcing Bar Imports in Australia
- Concrete Reinforcing Bar Exports in Australia
Concrete Reinforcing Bar Price in Australia (CIF) - 2022
The average concrete reinforcing bar import price stood at $949 per ton in 2022, surging by 19% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar import price increased by +70.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 47% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
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 Germany ($1,573 per ton), while the price for Malaysia ($835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Concrete Reinforcing Bar Price in Australia (FOB) - 2022
In 2022, the average concrete reinforcing bar export price amounted to $2,156 per ton, growing by 20% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 106% against the previous year. As a result, the export price reached the peak level of $3,080 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($3,142 per ton), while the average price for exports to Indonesia ($1,272 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 China (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Concrete Reinforcing Bar Imports in Australia
Concrete reinforcing bar imports into Australia shrank remarkably to 230K tons in 2022, which is down by -23.3% compared with the previous year. Over the period under review, imports, however, recorded a pronounced expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 180% against the previous year. As a result, imports reached the peak of 299K tons, and then shrank notably in the following year.
In value terms, concrete reinforcing bar imports dropped to $218M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 301% against the previous year. As a result, imports attained the peak of $238M, and then declined in the following year.
Import of Concrete Reinforcing Bar in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.2 | 1.5 | 3.3 | 5.9 | 209.0% |
Singapore | 0.9 | N/A | N/A | 3.3 | 54.2% |
South Korea | 3.2 | 2.0 | N/A | 3.1 | -1.1% |
China | 0.1 | N/A | N/A | 2.5 | 192.4% |
Luxembourg | N/A | N/A | N/A | 1.8 | 0% |
Malaysia | N/A | N/A | N/A | 1.8 | 0% |
India | 0.3 | 1.0 | 1.2 | 0.9 | 44.2% |
New Zealand | 2.3 | 0.1 | N/A | N/A | -95.7% |
Oman | N/A | N/A | 4.2 | N/A | 0% |
Portugal | 1.3 | N/A | N/A | N/A | 0% |
Others | 111 | 54.9 | 230 | 198 | 21.3% |
Total | 120 | 59.5 | 238 | 218 | 22.0% |
Top Suppliers of Concrete Reinforcing Bar to Australia in 2022:
- Germany (3.8K tons)
- Singapore (2.6K tons)
- China (2.4K tons)
- Malaysia (2.2K tons)
- South Korea (2.2K tons)
- Luxembourg (1.2K tons)
- India (0.7K tons)
Concrete Reinforcing Bar Exports in Australia
Concrete reinforcing bar exports from Australia rose to 309 tons in 2022, picking up by 3.5% against the year before. Overall, exports, however, recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 9.2% against the previous year.
In value terms, concrete reinforcing bar exports soared to $665K in 2022. Over the period under review, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year.
Export of Concrete Reinforcing Bar in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 74.2 | 41.4 | 231 | 402 | 75.6% |
Indonesia | 649 | 187 | 80.6 | 182 | -34.5% |
Papua New Guinea | 39.2 | 27.8 | 19.8 | 33.4 | -5.2% |
United Arab Emirates | N/A | 27.4 | 198 | 17.4 | -20.3% |
Solomon Islands | 0.4 | N/A | N/A | 12.3 | 213.3% |
Others | 168 | 87.6 | 8.6 | 18.3 | -52.2% |
Total | 932 | 372 | 538 | 665 | -10.6% |
Top Export Markets for Concrete Reinforcing Bar from Australia in 2022:
- Indonesia (143.0 tons)
- New Zealand (128.0 tons)
- Papua New Guinea (13.8 tons)
- United Arab Emirates (12.9 tons)
- Solomon Islands (7.0 tons)
This report provides an in-depth analysis of the concrete reinforcing bar 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 2410T241 - Concrete reinforcing bars
- Prodcom 24106210 - Hot-rolled concrete reinforcing bars
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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