Australia and Oceania: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Australia and Oceania

In 2023, after three years of growth, there was significant decline in the market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Australia and Oceania, when its value decreased by X% to $X. Overall, consumption, however, showed a noticeable increase. Over the period under review, the market reached the peak level at $X in 2022, and then contracted sharply in the following year.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Australia and Oceania

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders reduced modestly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate tangible growth. The growth pace was the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2023.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Australia and Oceania

Exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders fell remarkably to X square meters in 2023, with a decrease of X% on the previous year's figure. In general, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X square meters in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders declined modestly to $X in 2023. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

Australia dominates binders structure, reaching X square meters, which was approx. X% of total exports in 2023. It was distantly followed by New Zealand (X square meters), creating a X% share of total exports.

Australia was also the fastest-growing in terms of the boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports, with a CAGR of X% from 2012 to 2023. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Australia amounted to X%.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per square meter, picking up by X% against the previous year. Overall, the export price, however, showed a mild decline. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per square meter in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per square meter), while Australia totaled $X per square meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Australia and Oceania

In 2023, purchases abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by X% to X square meters for the first time since 2020, thus ending a two-year rising trend. In general, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports attained the peak of X square meters, and then fell significantly in the following year.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders contracted dramatically to $X in 2023. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced dramatically in the following year.

Imports by Country

Australia dominates binders structure, finishing at X square meters, which was near X% of total imports in 2023. It was distantly followed by Fiji (X square meters), achieving a X% share of total imports. New Zealand (X square meters), French Polynesia (X square meters), Solomon Islands (X square meters) and New Caledonia (X square meters) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2023. At the same time, New Zealand (X%), New Caledonia (X%), Fiji (X%), French Polynesia (X%) and Solomon Islands (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Fiji and New Zealand increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Fiji ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

In Australia, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Fiji (X% per year) and New Zealand (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per square meter in 2023, picking up by X% against the previous year. Over the period under review, the import price showed a remarkable increase. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per square meter), while New Caledonia ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform