Australia - Carbonates And Peroxocarbonates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarbonate Price in Australia - 2023
Contents:
- Carbonate Price in Australia (CIF) - 2023
- Carbonate Price in Australia (FOB) - 2022
- Carbonate Imports in Australia
- Carbonate Exports in Australia
Carbonate Price in Australia (CIF) - 2023
In August 2023, the average carbonate import price amounted to $592 per ton, increasing by 26% against the previous month. In general, import price indicated a mild increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, carbonate import price increased by +27.0% against June 2023 indices. The pace of growth was the most pronounced in October 2022 when the average import price increased by 63% month-to-month. As a result, import price attained the peak level of $741 per ton. From November 2022 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($1,074 per ton), while the price for Vietnam ($112 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonate Price in Australia (FOB) - 2022
In 2022, the average carbonate export price amounted to $2,381 per ton, which is down by -4.5% against the previous year. Over the period under review, the export price, however, continues to indicate measured growth. The pace of growth appeared the most rapid in 2017 an increase of 40% against the previous year. Over the period under review, the average export prices reached the maximum at $2,493 per ton in 2021, and then reduced modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,587 per ton), while the average price for exports to New Zealand ($316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonate Imports in Australia
Carbonate imports into Australia rose remarkably to 356K tons in 2022, with an increase of 9.5% against the year before. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, carbonate imports soared to $166M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.7% 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.
| Import of Carbonate in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 70.4 | 68.7 | 60.2 | 95.5 | 10.7% |
| China | 17.5 | 15.7 | 20.4 | 31.3 | 21.4% |
| South Korea | 3.5 | 5.6 | 6.0 | 10.1 | 42.4% |
| Singapore | 1.5 | 2.1 | 3.4 | 7.0 | 67.1% |
| Italy | 1.5 | 0.7 | 1.2 | 3.3 | 30.1% |
| Others | 15.5 | 14.8 | 14.1 | 18.6 | 6.3% |
| Total | 110 | 108 | 105 | 166 | 14.7% |
Top Suppliers of Carbonate to Australia in 2022:
- United States (264.0K tons)
- China (45.5K tons)
- Singapore (11.4K tons)
- South Korea (6.9K tons)
- Italy (5.7K tons)
Carbonate Exports in Australia
For the fourth consecutive year, Australia recorded growth in shipments abroad of carbonates and peroxocarbonates, which increased by 16% to 20K tons in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, carbonate exports expanded rapidly to $47M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Carbonate in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.4 | 22.0 | 27.6 | 27.0 | 6.4% |
| India | 5.8 | 7.3 | 9.6 | 10.5 | 21.9% |
| United Kingdom | N/A | N/A | 0.9 | 4.0 | 344.4% |
| New Zealand | 1.6 | 1.8 | 1.5 | 2.2 | 11.2% |
| New Caledonia | 0.1 | N/A | 0.9 | 1.9 | 166.8% |
| South Africa | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Papua New Guinea | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Fiji | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.9 | 0.6 | 0.4 | 0.2 | -39.4% |
| Total | 31.4 | 32.5 | 42.0 | 46.6 | 14.1% |
Top Export Markets for Carbonate from Australia in 2022:
- New Zealand (7.0K tons)
- New Caledonia (4.7K tons)
- United States (4.1K tons)
- India (1.6K tons)
- United Kingdom (0.6K tons)
- South Africa (0.5K tons)
- Papua New Guinea (0.5K tons)
- Fiji (0.4K tons)
This report provides an in-depth analysis of the carbonate 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 20134310 - Disodium carbonate
- Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
- Prodcom 20134340 - Calcium carbonate
- Prodcom 20134390 - Other carbonates
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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