Australia - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIron Oxide Pigment Price in Australia - 2023
Contents:
- Iron Oxide Pigment Price in Australia (CIF) - 2023
- Iron Oxide Pigment Price in Australia (FOB) - 2022
- Iron Oxide Pigment Imports in Australia
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.4 | 12.9 | 18.6 | 23.9 | 21.3% |
Germany | 4.0 | 5.0 | 4.5 | 6.0 | 14.5% |
United States | 0.6 | 0.7 | 0.8 | 0.9 | 14.5% |
India | N/A | N/A | 0.3 | 0.6 | 100.0% |
South Korea | 0.1 | 0.3 | 0.1 | 0.5 | 71.0% |
Thailand | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
South Africa | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
New Zealand | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
Others | 1.2 | 1.2 | 0.9 | 1.1 | -2.9% |
Total | 19.9 | 20.6 | 26.0 | 34.3 | 19.9% |
Top Suppliers of Iron Oxide Pigment to Australia in 2022:
- China (16.5K tons)
- Germany (3.7K tons)
- South Korea (1.6K tons)
- Thailand (1.6K tons)
- United States (1.5K tons)
- India (1.4K tons)
- New Zealand (1.2K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 462 | 480 | 845 | 685 | 14.0% |
Malaysia | 27.0 | 230 | 4.1 | 71.3 | 38.2% |
Singapore | N/A | 85.0 | 4.7 | 2.5 | -82.9% |
South Korea | N/A | N/A | 2,189 | N/A | 0% |
China | N/A | 38.3 | 65.0 | N/A | 69.7% |
Others | 86.6 | 105 | 111 | 77.3 | -3.7% |
Total | 575 | 938 | 3,220 | 836 | 13.3% |
Top Export Markets for Iron Oxide Pigment from Australia in 2022:
- New Zealand (2240.2 tons)
- Malaysia (159.8 tons)
- Singapore (6.3 tons)
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:
- 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
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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
This report provides an in-depth analysis of the iron oxide pigment market in Australia.
This report provides an in-depth analysis of the global iron oxide pigment market.
This report provides an in-depth analysis of the iron oxide pigment market in Australia.
This report provides an in-depth analysis of the global iron oxide pigment market.
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.
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.
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...
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...
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...
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...
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
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.
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.
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...