Australia - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights

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Electromagnetic Lifting Head Price in Australia - 2023

Contents:

  1. Electromagnetic Lifting Head Price in Australia (CIF) - 2022
  2. Electromagnetic Lifting Head Price in Australia (FOB) - 2022
  3. Electromagnetic Lifting Head Imports in Australia
  4. Electromagnetic Lifting Head Exports in Australia

Electromagnetic Lifting Head Price in Australia (CIF) - 2022

The average electromagnetic lifting head import price stood at $32,395 per ton in 2022, with a decrease of -39.5% against the previous year. Overall, the import price, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2021 an increase of 70% against the previous year. As a result, import price reached the peak level of $53,554 per ton, and then dropped dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($32,396 per ton) and Italy ($32,396 per ton), while the price for Finland ($32,394 per ton) and Switzerland ($32,395 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Electromagnetic Lifting Head Price in Australia (FOB) - 2022

The average electromagnetic lifting head export price stood at $41,653 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 101% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($41,665 per ton) and China ($41,661 per ton), while the average price for exports to Zambia ($41,639 per ton) and Singapore ($41,641 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Electromagnetic Lifting Head Imports in Australia

In 2022, the amount of electromagnets and electromagnetic lifting heads imported into Australia skyrocketed to 523 tons, with an increase of 95% on the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electromagnetic lifting head imports skyrocketed to $17M in 2022. The total import value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electromagnetic Lifting Head in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.44.35.45.47.1%
United States1.22.02.33.035.7%
Germany1.61.82.22.211.2%
Canada0.60.70.71.122.4%
Hong Kong SAR0.2N/A0.10.751.8%
Italy0.30.40.50.626.0%
Finland0.11.40.10.681.7%
United Kingdom0.80.50.30.6-9.1%
Switzerland0.50.60.60.50.0%
Japan0.10.10.10.571.0%
Mexico0.30.20.20.30.0%
France0.30.20.20.2-12.6%
Vietnam0.50.30.40.1-41.5%
Others1.00.91.11.26.3%
Total11.813.514.416.912.7%

Top Suppliers of Electromagnetic Lifting Head to Australia in 2022:

  1. China (167.5 tons)
  2. United States (92.5 tons)
  3. Germany (69.3 tons)
  4. Canada (34.2 tons)
  5. Hong Kong SAR (21.0 tons)
  6. Italy (19.9 tons)
  7. United Kingdom (17.8 tons)
  8. Finland (17.7 tons)
  9. Switzerland (15.6 tons)
  10. Japan (14.2 tons)
  11. Mexico (7.7 tons)
  12. France (5.3 tons)
  13. Vietnam (4.3 tons)

Electromagnetic Lifting Head Exports in Australia

In 2022, approx. 34 tons of electromagnets and electromagnetic lifting heads were exported from Australia; which is down by -58.8% compared with the previous year's figure. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 102%. As a result, the exports attained the peak of 83 tons, and then declined sharply in the following year.

In value terms, electromagnetic lifting head exports declined notably to $1.4M in 2022. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. As a result, the exports reached the peak of $3M, and then shrank dramatically in the following year.

Export of Electromagnetic Lifting Head in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand805489344333-25.5%
United States1811503662023.7%
Papua New Guinea44.527.847088.425.7%
Indonesia31.636.080.685.939.6%
NetherlandsN/A18.0N/A75.4104.7%
China75.910541.867.7-3.7%
ZambiaN/AN/AN/A66.50%
Cote d'IvoireN/AN/A0.266.333050.0%
Singapore12666.810865.5-19.6%
Taiwan (Chinese)12760.412460.8-21.8%
Belgium1.536.213447.5216.4%
India2.819.9N/A43.7149.9%
South Africa4.10.177540.1113.9%
Others344541542178-19.7%
Total1,7441,5502,9861,420-6.6%

Top Export Markets for Electromagnetic Lifting Head from Australia in 2022:

  1. New Zealand (8.0 tons)
  2. United States (4.8 tons)
  3. Indonesia (2.1 tons)
  4. Papua New Guinea (2.1 tons)
  5. Netherlands (1.8 tons)
  6. Zambia (1.6 tons)
  7. Singapore (1.6 tons)
  8. China (1.6 tons)
  9. Cote d'Ivoire (1.6 tons)
  10. Taiwan (Chinese) (1.5 tons)
  11. Belgium (1.1 tons)
  12. South Africa (1.0 tons)
  13. India (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electromagnetic lifting head market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27904060 - Electromagnets and electromagnetic lifting heads, and their parts (excluding magnets for medical use), electromagnetic or permanent magnet chucks, clamps and similar holding devices and their parts, n.e.c.
  • Prodcom 27904560 -

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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