Australia and Oceania: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Australia and Oceania

The activated natural mineral products market in Australia and Oceania declined to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Production of Activated Natural Mineral Products in Australia and Oceania

In value terms, activated natural mineral products production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Activated Natural Mineral Products

Exports in Australia and Oceania

In 2022, after two years of growth, there was decline in overseas shipments of activated natural mineral products, when their volume decreased by X% to X tons. Overall, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank modestly in the following year.

In value terms, activated natural mineral products exports declined rapidly to $X in 2022. Over the period under review, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Papua New Guinea prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Australia (X tons), making up a X% share of total exports. New Zealand (X tons) followed a long way behind the leaders.

Papua New Guinea was also the fastest-growing in terms of the activated natural mineral products exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. By contrast, Australia (X%) illustrated a downward trend over the same period. Papua New Guinea (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand and Australia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Australia ($X), Papua New Guinea ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Papua New Guinea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced a decline in the export price figures.

Imports of Activated Natural Mineral Products

Imports in Australia and Oceania

In 2022, the amount of activated natural mineral products imported in Australia and Oceania fell markedly to X tons, which is down by X% on 2021 figures. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, activated natural mineral products imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 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 with an increase of X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Australia was the main importing country with an import of around X tons, which reached X% of total imports. Papua New Guinea (X tons) took the second position in the ranking, followed by New Zealand (X tons). All these countries together took approx. X% share of total imports. New Caledonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to activated natural mineral products imports into Australia stood at X%. At the same time, New Caledonia (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Papua New Guinea (X%) and New Zealand (X%) illustrated a downward trend over the same period. New Caledonia (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported activated natural mineral products in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, activated natural mineral products import price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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