The market is dominated by domestic suppliers, as imports account for 37.0% of total market size in 2021. B2B drives market demand, with B2B spending representing 82.5% of total demand in 2021. Australia has the 10th largest market size for metal packaging, wire and other fabricated metal products across the top 20 developed countries, with demand reaching USD7.9 billion in 2021. The total number of companies increases in 2021, to 4,667 units. The costs of the industry increase by 15.8% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 17.9% of production value in 2021, the fourth highest across the top 20 developed countries. With production value of USD5.3 billion, Australia accounts for 81.2% of the Australasia total in 2021.
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This Euromonitor industrial report provides unique information on Metal Packaging, Wire and Other Fabricated Metal Products in Australia: ISIC 2899. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Metal Packaging, Wire and Other Fabricated Metal Products in Australia: ISIC 2899 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.See All of Our Definitions
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