2014-04-01 18:21:01 - Metal Packaging, Wire and Other Fabricated Metal Products in Australia: ISIC 2899 - a new market research report on companiesandmarkets.com
Metal packaging, wire and other fabricated metal products market grows 14% over review period to reach A$8.8 billion in 2012. Imports reach A$2 billion in 2012, following gradual 5% CAGR, underpinned by high Australian dollar and tangible influx of lower quality, mass-produced items from China.
Steel drums and similar containers grow 73% in current value terms over 2007-2012. Domestic production turnover grows by only 5% over review period due to steady stream of imports.
Exports´ value decreases by 36% over review period; New Zealand and Indonesia are the main foreign partners in 2012. Production turnover expected to see 5% CAGR over forecast period to reach A$7.7 billion in 2018.
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