Australia and Oceania: Articles Of Zinc Market 2024

Articles Of Zinc Market Size in Australia and Oceania

In 2023, the articles of zinc market in Australia and Oceania increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption posted a prominent increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Articles Of Zinc Production in Australia and Oceania

In value terms, articles of zinc production declined to $X in 2023 estimated in export price. In general, production, however, recorded a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Articles Of Zinc Exports

Exports in Australia and Oceania

After three years of growth, shipments abroad of articles of zinc decreased by X% to X tons in 2023. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, articles of zinc exports reduced dramatically to $X in 2023. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. The level of export peaked at $X in 2022, and then contracted significantly in the following year.

Exports by Country

Australia prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2023. It was distantly followed by New Zealand (X tons), comprising a X% share of total exports. Fiji (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the articles of zinc exports, with a CAGR of X% from 2012 to 2023. At the same time, Fiji (X%) displayed positive paces of growth. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Australia increased by X percentage points.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Australia stood at X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, almost unchanged from the previous year. In general, the export price showed a buoyant increase. The growth pace was the most rapid in 2014 an increase of X%. The level of export peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced mixed trends in the export price figures.

Articles Of Zinc Imports

Imports in Australia and Oceania

In 2023, overseas purchases of articles of zinc decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, articles of zinc imports fell slightly to $X in 2023. Total imports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Australia (X tons) represented the largest importer of articles of zinc, constituting X% of total imports. It was distantly followed by New Zealand (X tons), creating a X% share of total imports. The following importers - Fiji (X tons) and Vanuatu (X tons) - each amounted to a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to articles of zinc imports into Australia stood at X%. At the same time, Vanuatu (X%), Fiji (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Vanuatu emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. New Zealand (X p.p.), Fiji (X p.p.) and Vanuatu (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Australia ($X) constitutes the largest market for imported articles of zinc in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with an X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Australia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, picking up by X% against the previous year. Import price indicated a prominent increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, articles of zinc import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of import peaked in 2023 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Vanuatu ($X per ton) was amongst the lowest.

From 2012 to 2023, 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