Australia and Oceania: Tyre Cord Wire Rod Market 2020

Tyre Cord Wire Rod Market Size in Australia and Oceania

The revenue of the tyre cord wire rod market in Australia and Oceania amounted to $X in 2017, growing by X% against the previous year. The tyre cord wire rod consumption continues to indicate a remarkable expansion. The growth pace was the most rapid in 2011, when market value increased by X% y-o-y. In that year, the tyre cord wire rod market attained their peak level of $X. From 2012 to 2017, growth of the tyre cord wire rod market stood at a somewhat lower level.

Tyre Cord Wire Rod Production in Australia and Oceania

In 2017, tyre cord wire rod production in Australia and Oceania amounted to X tons, therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. In that year, the tyre cord wire rod production attained their peak volume of X tons. From 2014 to 2017, growth of the tyre cord wire rod production stood at a somewhat lower level.

Tyre Cord Wire Rod Exports in Australia and Oceania

The exports totaled X tons in 2017, rising by X% against the previous year. The tyre cord wire rod exports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2013, when exports increased by X% against the previous year. In that year, the tyre cord wire rod exports attained their peak volume of X tons. From 2014 to 2017, growth of the tyre cord wire rod exports failed to regain its momentum.

In value terms, tyre cord wire rod exports totaled $X in 2017. The tyre cord wire rod exports continue to indicate a strong growth. In that year, the tyre cord wire rod exports reached their peak level of $X. From 2014 to 2017, growth of the tyre cord wire rod exports failed to regain its momentum.

Tyre Cord Wire Rod Exports by Country in Australia and Oceania

The countries with the highest levels of tyre cord wire rod exports in 2017 were Australia (X tons), together amounting to X% of total export.

Australia was also the fastest growing in terms of the wire rod for tyre cord exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Australia decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest tyre cord wire rod supplier in Australia and Oceania.

From 2007 to 2017, the average annual rate of growth in terms of value in Australia totaled +X%.

Tyre Cord Wire Rod Export Prices by Country in Australia and Oceania

In 2017, the tyre cord wire rod export price in Australia and Oceania amounted to $X per ton, coming up by X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tyre cord wire rod export price increased by +X% against 2013 indices. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for Australia.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Tyre Cord Wire Rod Imports in Australia and Oceania

The imports stood at X tons in 2017, picking up by X% against the previous year. The total imports indicated a pronounced growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tyre cord wire rod imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, tyre cord wire rod imports totaled $X in 2017. The tyre cord wire rod imports continue to indicate a relatively flat trend pattern. Over the period under review, the tyre cord wire rod imports attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Tyre Cord Wire Rod Imports by Country in Australia and Oceania

Australia dominates tyre cord wire rod imports structure, resulting at X tons, which was approx. X% of total imports in 2017. New Zealand (X tons) held the slight share of total imports.

Australia was also the fastest growing in terms of the wire rod for tyre cord imports, with a CAGR of +X% from 2007 to 2017. New Zealand (-X%) illustrated a downward trend over the same period. While the share of New Zealand (X%) increased significantly in terms of the global imports from 2007-2017, the share of Australia (-X%) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported wire rod for tyre cord in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports.

In Australia, tyre cord wire rod imports remained relatively stable over the period from 2007-2017.

Tyre Cord Wire Rod Import Prices by Country in Australia and Oceania

In 2017, the tyre cord wire rod import price in Australia and Oceania amounted to $X per ton, jumping by X% against the previous year. The tyre cord wire rod import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in New Zealand ($X per ton) and Australia ($X per ton), while Australia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (-X% per year).

Source: IndexBox Platform