Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia - 2024
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia (CIF) - 2024
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia (CIF) - 2024
The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,301 per ton in January 2024, with a decrease of -33% against the previous month. In general, the import price continues to indicate a mild downturn. The pace of growth was the most pronounced in July 2023 when the average import price increased by 68% m-o-m. As a result, import price attained the peak level of $1,980 per ton. From August 2023 to January 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Belgium ($5,321 per ton), while the price for China ($1,113 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Switzerland (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia (FOB) - 2022
In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $3,393 per ton, waning by -56.5% against the previous year. In general, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2013 an increase of 102%. The export price peaked at $7,791 per ton in 2021, and then reduced markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vanuatu ($8,611 per ton), while the average price for exports to French Polynesia ($2,122 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 Vanuatu (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia
In 2022, imports of tubes, pipes and hollow profiles, of cast iron into Australia fell to 15K tons, dropping by -8.3% against 2021. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 59%.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron soared to $22M in 2022. Over the period under review, imports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.8 | 6.3 | 13.7 | 15.9 | 7.5% |
| United Arab Emirates | 5.5 | 1.5 | 2.8 | 3.1 | -17.4% |
| India | 0.3 | 0.7 | 0.5 | 0.6 | 26.0% |
| Belgium | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | 1.0 | 0.7 | 1.0 | 1.9 | 23.9% |
| Total | 19.6 | 9.3 | 18.1 | 21.7 | 3.5% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Australia in 2022:
- China (10.7K tons)
- United Arab Emirates (2.7K tons)
- India (0.5K tons)
- Belgium (0.4K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia
Exports of tubes, pipes and hollow profiles, of cast iron from Australia surged to 204 tons in 2022, with an increase of 31% compared with the year before. In general, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 201% against the previous year.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron reached $758K in 2022. Over the period under review, exports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 242 | 96.1 | 24.8 | 162 | -12.5% |
| New Zealand | 83.3 | 18.7 | 367 | 154 | 22.7% |
| Indonesia | 24.7 | 29.5 | 10.6 | 96.1 | 57.3% |
| French Polynesia | N/A | N/A | N/A | 93.7 | 0% |
| Fiji | 145 | 46.4 | N/A | 80.0 | -18.0% |
| United States | 10.5 | 1.3 | N/A | 69.7 | 87.9% |
| Vanuatu | 4.3 | N/A | 5.2 | 27.7 | 86.1% |
| Singapore | 83.2 | 11.2 | 4.0 | 5.8 | -58.8% |
| Timor-Leste | 36.5 | N/A | N/A | N/A | 0% |
| Samoa | 55.8 | N/A | 103 | N/A | 35.9% |
| Others | 153 | 112 | 162 | 68.9 | -23.4% |
| Total | 839 | 315 | 677 | 758 | -3.3% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Australia in 2022:
- Papua New Guinea (49.6 tons)
- French Polynesia (44.2 tons)
- New Zealand (42.6 tons)
- Fiji (24.2 tons)
- United States (17.1 tons)
- Indonesia (12.6 tons)
- Vanuatu (3.2 tons)
- Singapore (0.9 tons)
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