Australia and Oceania: Market for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury 2024

Market Size for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in Australia and Oceania

The market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in Australia and Oceania expanded slightly to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate resilient growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in Australia and Oceania

In value terms, alkali and rare earth metals production rose slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Exports in Australia and Oceania

In 2022, shipments abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, alkali and rare earth metals exports declined notably to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. New Zealand (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest alkali and rare earth metals supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, alkali and rare earth metals exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Imports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Imports in Australia and Oceania

In 2022, the amount of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury imported in Australia and Oceania dropped sharply to X tons, falling by X% on the previous year. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, alkali and rare earth metals imports shrank markedly to $X in 2022. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) represented the largest importer of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury, committing X% of total imports. Samoa (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Papua New Guinea (X%) and Fiji (X%). The following importers - Solomon Islands (X tons) and New Caledonia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to alkali and rare earth metals imports into Australia stood at X%. At the same time, Samoa (X%), Solomon Islands (X%), Fiji (X%), New Caledonia (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Samoa, Papua New Guinea, Fiji, Solomon Islands and New Caledonia increased by X, X, X, X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with an X% share of total imports. It was followed by Samoa, with a X% share.

In Australia, alkali and rare earth metals imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and Samoa (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Fiji ($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 a decline in the import price figures.

Source: IndexBox Platform

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