Price for Artwork; Collages and Similar Decorative Plaques in Australia - 2022

Contents:

1. Price for Artwork; Collages and Similar Decorative Plaques in Australia (FOB) - 2022
2. Price for Artwork; Collages and Similar Decorative Plaques in Australia (CIF) - 2022
3. Exports of Artwork; Collages and Similar Decorative Plaques in Australia
4. Imports of Artwork; Collages and Similar Decorative Plaques in Australia

Price for Artwork; Collages and Similar Decorative Plaques in Australia (FOB) - 2022

The average export price for artwork; collages and similar decorative plaqueses stood at $192,207 per ton in 2022, with a decrease of -4.7% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for artwork; collages and similar decorative plaqueses increased by +113.7% against 2015 indices. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. The export price peaked at $201,699 per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($861,910 per ton), while the average price for exports to Canada ($24,335 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 Myanmar (+578.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Artwork; Collages and Similar Decorative Plaques in Australia (CIF) - 2022

The average import price for artwork; collages and similar decorative plaqueses stood at $118,781 per ton in 2022, growing by 17% against the previous year. Overall, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 119%. As a result, import price reached the peak level of $141,320 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,152,241 per ton), while the price for Lebanon ($12,180 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 Arab Emirates (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Artwork; Collages and Similar Decorative Plaques in Australia

In 2022, overseas shipments of artwork; collages and similar decorative plaqueses decreased by -7.5% to 87 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 95 tons, and then contracted in the following year.

In value terms, exports of artwork; collages and similar decorative plaqueses shrank to $17M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $19M, and then contracted in the following year.

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Australia in 2022:

1. New Zealand (22.8 tons)
2. United States (22.1 tons)
3. South Africa (11.4 tons)
4. United Kingdom (7.3 tons)
5. Canada (6.2 tons)
6. Singapore (2.0 tons)
7. United Arab Emirates (2.0 tons)
8. Macao SAR (1.8 tons)
9. Austria (1.7 tons)
10. Belgium (1.4 tons)
11. Hong Kong SAR (1.3 tons)

Imports of Artwork; Collages and Similar Decorative Plaques in Australia

For the third year in a row, Australia recorded decline in overseas purchases of artwork; collages and similar decorative plaqueses, which decreased by -18.9% to 15 tons in 2022. Overall, imports recorded a dramatic setback. The smallest decline of -10.1% was in 2020.

In value terms, imports of artwork; collages and similar decorative plaqueses fell slightly to $1.7M in 2022. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 11%.

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Australia in 2022:

1. China (6.0 tons)
2. United Arab Emirates (5.9 tons)
3. United States (0.6 tons)
4. Lebanon (0.6 tons)
5. South Africa (0.4 tons)
6. Germany (0.2 tons)
7. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform