Price for Carbides, Whether or Not Chemically Defined in Australia - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Australia (CIF) - 2022
- Price for Carbides, Whether or Not Chemically Defined in Australia (FOB) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Australia
- Exports of Carbides, Whether or Not Chemically Defined in Australia
Price for Carbides, Whether or Not Chemically Defined in Australia (CIF) - 2022
The average import price for carbides, whether or not chemically defineds stood at $3,182 per ton in 2022, jumping by 42% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbides, whether or not chemically defineds increased by +46.6% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 South Africa ($34,513 per ton), while the price for Hong Kong SAR ($1,457 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides, Whether or Not Chemically Defined in Australia (FOB) - 2022
The average export price for carbides, whether or not chemically defineds stood at $7,827 per ton in 2022, rising by 206% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 525%. The export price peaked at $8,874 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($16,855 per ton), while the average price for exports to Canada ($3,889 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 South Africa (+38.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Carbides, Whether or Not Chemically Defined in Australia
Imports of carbides, whether or not chemically defineds into Australia expanded rapidly to 7.5K tons in 2022, with an increase of 6% on the previous year's figure. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of carbides, whether or not chemically defineds skyrocketed to $24M in 2022. Overall, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbides, Whether or Not Chemically Defined in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 4.2 | 6.7 | 8.5 | 29.7% |
| South Africa | 7.8 | 3.4 | 4.4 | 5.1 | -13.2% |
| Slovakia | 1.3 | 1.7 | 2.0 | 5.1 | 57.7% |
| Japan | N/A | N/A | N/A | 0.6 | 0% |
| Brazil | 0.3 | 0.3 | 0.1 | 0.4 | 10.1% |
| Hong Kong SAR | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| Malaysia | 1.2 | 0.4 | N/A | N/A | -66.7% |
| Others | 1.1 | 1.9 | 2.5 | 4.0 | 53.8% |
| Total | 15.6 | 12.0 | 15.9 | 23.9 | 15.3% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Australia in 2022:
- China (3.8K tons)
- Slovakia (2.6K tons)
- Japan (0.3K tons)
- Brazil (0.2K tons)
- Hong Kong SAR (0.2K tons)
- South Africa (0.1K tons)
Exports of Carbides, Whether or Not Chemically Defined in Australia
In 2022, approx. 13 tons of carbides, whether or not chemically defineds were exported from Australia; falling by -19.3% against 2021. Overall, exports faced a dramatic setback.
In value terms, exports of carbides, whether or not chemically defineds surged to $104K in 2022. Over the period under review, exports showed a dramatic shrinkage.
| Export of Carbides, Whether or Not Chemically Defined in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | 1.5 | 32.1 | 2040.0% |
| Canada | N/A | N/A | N/A | 31.1 | 0% |
| China | N/A | 26.4 | N/A | 8.8 | -42.3% |
| India | N/A | N/A | N/A | 8.6 | 0% |
| Papua New Guinea | 120 | 11.3 | 13.3 | 6.9 | -61.4% |
| New Zealand | 42.0 | 3.9 | 11.6 | 4.8 | -51.5% |
| Philippines | N/A | 24.8 | 0.1 | 2.7 | -67.0% |
| Japan | 20.9 | N/A | N/A | N/A | 0% |
| United States | 13.7 | 208 | N/A | N/A | 1418.2% |
| French Polynesia | 5.3 | 10.0 | 10.2 | N/A | 38.7% |
| South Africa | N/A | 149 | N/A | N/A | 0% |
| Others | 0.8 | 2.3 | 5.2 | 8.5 | 119.8% |
| Total | 203 | 436 | 41.9 | 104 | -20.0% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from Australia in 2022:
- Canada (8.0 tons)
- Singapore (2.7 tons)
- Papua New Guinea (0.9 tons)
- New Zealand (0.9 tons)
- India (0.5 tons)
- China (0.1 tons)
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