Australia and Oceania: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in Australia and Oceania

In 2022, the aluminium and titanium market in Australia and Oceania decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Aluminium And Titanium Production in Australia and Oceania

In value terms, aluminium and titanium production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable slump. The growth pace was the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Aluminium And Titanium Exports

Exports in Australia and Oceania

In 2022, shipments abroad of aluminium and titanium decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a mild contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, aluminium and titanium exports rose significantly to $X in 2022. Total exports indicated slight growth from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

Australia represented the key exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by New Zealand (X tons), mixing up an X% share of total exports.

Australia was also the fastest-growing in terms of the aluminium and titanium exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In Australia, aluminium and titanium exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Export price indicated moderate growth 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, aluminium and titanium export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

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

Aluminium And Titanium Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of aluminium and titanium increased by X% to X tons, rising for the fifth consecutive year after three years of decline. Total imports indicated a buoyant expansion from 2012 to 2022: its volume 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, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, aluminium and titanium imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Australia represented the largest importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by New Zealand (X tons), making up a X% share of total imports.

Australia was also the fastest-growing in terms of the aluminium and titanium imports, with a CAGR of X% from 2012 to 2022. New Zealand experienced a relatively flat trend pattern. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) constitutes the largest market for imported aluminium and titanium in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

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

Source: IndexBox Platform

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