Cerium Compounds Price in Australia - 2023
Contents:
- Cerium Compounds Price in Australia (FOB) - 2022
- Cerium Compounds Price in Australia (CIF) - 2022
- Cerium Compounds Exports in Australia
- Cerium Compounds Imports in Australia
Cerium Compounds Price in Australia (FOB) - 2022
The average cerium compounds export price stood at $451,753 per ton in 2022, with an increase of 527% against the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 2,388% against the previous year. As a result, the export price reached the peak level of $999,778 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($462,887 per ton), while the average price for exports to Finland stood at $109,977 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+656.0%), while the prices for the other major destinations experienced mixed trend patterns.
Cerium Compounds Price in Australia (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $64,747 per ton, jumping by 283% against the previous year. Over the period under review, the import price continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2019 an increase of 404% against the previous year. As a result, import price attained the peak level of $173,058 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($256,817 per ton), while the price for India ($3,178 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cerium Compounds Exports in Australia
In 2022, the amount of cerium compoundses exported from Australia skyrocketed to 1.4 tons, growing by 106% compared with the previous year's figure. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 671% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cerium compounds exports surged to $616K in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 5,165%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Cerium Compounds in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 611 | 0% |
| Finland | N/A | N/A | N/A | 4.7 | 0% |
| Papua New Guinea | N/A | N/A | 38.4 | N/A | 0% |
| New Caledonia | N/A | N/A | 8.5 | N/A | 0% |
| Others | 0.4 | 20.3 | 0.9 | N/A | 50.0% |
| Total | 0.4 | 20.3 | 47.8 | 616 | 1054.8% |
Top Export Markets for Cerium Compounds from Australia in 2022:
- South Africa (1320.0 kg)
- Finland (43.0 kg)
Cerium Compounds Imports in Australia
Cerium compounds imports into Australia soared to 3.1 tons in 2022, rising by 55% against the year before. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.4% against 2020 indices.
In value terms, cerium compounds imports surged to $203K in 2022. In general, imports, however, showed a sharp slump.
| Import of Cerium Compounds in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 391 | 69.1 | 6.2 | 175 | -23.5% |
| China | 5.8 | 17.6 | 8.7 | 15.1 | 37.6% |
| United States | 3.7 | 9.3 | 12.7 | 5.6 | 14.8% |
| India | N/A | 1.6 | 1.9 | 4.4 | 65.8% |
| Others | 4.5 | N/A | 4.6 | 2.6 | -16.7% |
| Total | 405 | 97.5 | 34.1 | 203 | -20.6% |
Top Suppliers of Cerium Compounds to Australia in 2022:
- India (1369.0 kg)
- United Kingdom (682.0 kg)
- China (681.0 kg)
- United States (388.0 kg)
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