The market is dominated by domestic suppliers, as imports account for 46.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.9% of total demand in 2022. Australia has the 12th largest market size for casting of metals across the top 20 developed countries, with demand reaching USD1.4 billion in 2022. Bradken Ltd is the largest company in Australia, generating 12.5% of the industry’s total production value in 2022. The industry is fragmented, with the top four companies generating 24.5% of total production value in 2022. The total number of companies increases in 2022, to 220 units. The costs of the industry decrease by 3.2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 8.9% of production value in 2022, the seventh highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 6.4% of total production output. With production value of USD822 million, Australia accounts for 87.7% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Casting of Metals in Australia: ISIC 273. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Casting of Metals in Australia: ISIC 273 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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