B2B drives market demand, with B2B spending representing 91.9% of total demand in 2020. Australia has the 11th largest market size for recycling of metal waste across the top 20 developed countries, with demand reaching USD2.0 billion in 2020. GFG Alliance Ltd is the largest company in Australia, generating 18.1% of the industry’s total production value in 2020. The industry is fragmented, with the top four companies generating 38.7% of total production value in 2020. The total number of companies increases in 2020, to 65 units. The costs of the industry increase by 1.7% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 25.7% of production value in 2020. With production value of USD3.1 billion, Australia accounts for 81.7% of the Australasia total in 2020.
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This Euromonitor industrial report provides unique information on Recycling of Metal Waste in Australia: ISIC 371. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Recycling of Metal Waste in Australia: ISIC 371 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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