Australia - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Australia - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights

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Iron Oxide Pigment Price in Australia - 2023

Contents:

  1. Iron Oxide Pigment Price in Australia (CIF) - 2023
  2. Iron Oxide Pigment Price in Australia (FOB) - 2022
  3. Iron Oxide Pigment Imports in Australia
  4. Iron Oxide Pigment Exports in Australia

Iron Oxide Pigment Price in Australia (CIF) - 2023

The average iron oxide pigment import price stood at $990 per ton in September 2023, falling by -5.8% against the previous month. Over the period under review, the import price saw a perceptible descent. The growth pace was the most rapid in July 2023 when the average import price increased by 27% m-o-m. The import price peaked at $1,391 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($1,352 per ton), while the price for Indonesia ($327 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Iron Oxide Pigment Price in Australia (FOB) - 2022

In 2022, the average iron oxide pigment export price amounted to $341 per ton, dropping by -23.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 66%. Over the period under review, the average export prices reached the peak figure at $670 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($29,082 per ton), while the average price for exports to New Zealand ($306 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 Indonesia (+48.4%), while the prices for the other major destinations experienced mixed trend patterns.

Iron Oxide Pigment Imports in Australia

In 2022, iron oxide pigment imports into Australia rose significantly to 30K tons, surging by 9.3% on the previous year. The total import volume increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, iron oxide pigment imports skyrocketed to $34M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Iron Oxide Pigment in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.412.918.623.921.3%
Germany4.05.04.56.014.5%
United States0.60.70.80.914.5%
IndiaN/AN/A0.30.6100.0%
South Korea0.10.30.10.571.0%
Thailand0.20.10.30.535.7%
South Africa0.10.20.20.458.7%
New Zealand0.30.20.30.410.1%
Others1.21.20.91.1-2.9%
Total19.920.626.034.319.9%

Top Suppliers of Iron Oxide Pigment to Australia in 2022:

  1. China (16.5K tons)
  2. Germany (3.7K tons)
  3. South Korea (1.6K tons)
  4. Thailand (1.6K tons)
  5. United States (1.5K tons)
  6. India (1.4K tons)
  7. New Zealand (1.2K tons)
  8. South Africa (1.0K tons)

Iron Oxide Pigment Exports in Australia

In 2022, overseas shipments of iron oxide pigments decreased by -66.1% to 2.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 207%.

In value terms, iron oxide pigment exports reduced remarkably to $836K in 2022. In general, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 243% against the previous year. As a result, the exports attained the peak of $3.2M, and then shrank markedly in the following year.

Export of Iron Oxide Pigment in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand46248084568514.0%
Malaysia27.02304.171.338.2%
SingaporeN/A85.04.72.5-82.9%
South KoreaN/AN/A2,189N/A0%
ChinaN/A38.365.0N/A69.7%
Others86.610511177.3-3.7%
Total5759383,22083613.3%

Top Export Markets for Iron Oxide Pigment from Australia in 2022:

  1. New Zealand (2240.2 tons)
  2. Malaysia (159.8 tons)
  3. Singapore (6.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron oxide pigment 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3

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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Australia Sees a Significant Decrease in Iron Oxide Pigment Imports, Dropping to $24 Million by 2023
Apr 20, 2024
Eye 59

During the period analyzed, imports of Iron Oxide Pigment peaked at 30K tons in 2022, but significantly declined in the following year. In terms of value, imports of iron oxide pigment dropped notably to $24M in 2023.

Drop in Australia's September 2023 Iron Oxide Pigment Imports of $2.1M Reflects a 20% Slump
Dec 8, 2023
Eye 194

In January 2023, the growth pace of Iron Oxide Pigment imports was exceptionally rapid, with a month-to-month increase of 78%. However, in September 2023, there was a significant decline in value, with imports plummeting to $2.1M.

Which Country Imports the Most Lead Oxides in the World?
Jul 26, 2018
Eye 764

In value terms, lead oxides imports amounted to $X in 2016. In general, lead oxides imports continue to indicate a drastic curtailment. Over the period under review, global lead oxides imports reac...

Which Country Exports the Most Lead Oxides in the World?
Jul 26, 2018
Eye 952

In value terms, lead oxides exports amounted to $X in 2016. Overall, lead oxides exports continue to indicate a drastic reduction. Over the period under review, global lead oxides exports reached i...

Which Country Imports the Most Iron Oxides and Hydroxides in the World?
May 28, 2018
Eye 1230

In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...

Which Country Exports the Most Iron Oxides and Hydroxides in the World?
May 28, 2018
Eye 865

In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...

Iron Oxide Pigments Market - Construction Growth Forecast to Push the U.S. Iron Oxide Industry to an Increase
Jun 28, 2015
Eye 1915

According to the U.S. Geological Survey, 2014 was marked by a slight decrease in iron oxide pigments production in the U.S. compared with the previous year. Approximately X thousand tons of finished natural and synthetic iron oxide pigments were pro

Australia Sees a Significant Decrease in Iron Oxide Pigment Imports, Dropping to $24 Million by 2023
Apr 20, 2024
Eye 59

During the period analyzed, imports of Iron Oxide Pigment peaked at 30K tons in 2022, but significantly declined in the following year. In terms of value, imports of iron oxide pigment dropped notably to $24M in 2023.

Drop in Australia's September 2023 Iron Oxide Pigment Imports of $2.1M Reflects a 20% Slump
Dec 8, 2023
Eye 194

In January 2023, the growth pace of Iron Oxide Pigment imports was exceptionally rapid, with a month-to-month increase of 78%. However, in September 2023, there was a significant decline in value, with imports plummeting to $2.1M.

Which Country Imports the Most Lead Oxides in the World?
Jul 26, 2018
Eye 764

In value terms, lead oxides imports amounted to $X in 2016. In general, lead oxides imports continue to indicate a drastic curtailment. Over the period under review, global lead oxides imports reac...

Free Data: Iron Oxides And Hydroxides - Australia