Australia and Oceania: Asbestos Market 2022

Asbestos Market Size in Australia and Oceania

The asbestos market in Australia and Oceania skyrocketed to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption enjoyed a perceptible expansion. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. The level of consumption peaked in 2020 and is likely to continue growth in the near future.

Asbestos Production in Australia and Oceania

In value terms, asbestos production expanded modestly to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Production By Country in Australia and Oceania

Australia (X tons) constituted the country with the largest volume of asbestos production, accounting for X% of total volume.

In Australia, asbestos production increased at an average annual rate of +X% over the period from 2007-2020.

Asbestos Exports

Exports in Australia and Oceania

In 2020, the amount of asbestos exported in Australia and Oceania shrank slightly to X tons, approximately reflecting the year before. Overall, exports faced a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. The volume of export peaked at X tons in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

In value terms, asbestos exports expanded rapidly to $X in 2020. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. The level of export peaked at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, New Zealand (X tons), distantly followed by Australia (X tons) represented the largest exporters of asbestos, together mixing up X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Australia.

In value terms, Australia ($X) and New Zealand ($X) constituted the countries with the highest levels of exports in 2020.

Among the main exporting countries, Australia recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The asbestos export price in Australia and Oceania stood at $X per ton in 2020, growing by X% against the previous year. Overall, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2019 when the export price increased by X% y-o-y. The level of export peaked at $X per ton in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia.

Asbestos Imports

Imports in Australia and Oceania

In 2020, approx. X tons of asbestos were imported in Australia and Oceania; with an increase of X% on the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. from 2013 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, asbestos imports skyrocketed to $X in 2020. Over the period under review, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Solomon Islands represented the major importer of asbestos in Australia and Oceania, with the volume of imports recording X tons, which was approx. X% of total imports in 2020. It was distantly followed by New Zealand (X tons) and Tonga (X tons), together generating a X% share of total imports. Samoa (X tons) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Solomon Islands, while imports for the other leaders experienced more modest paces of growth.

In value terms, Solomon Islands ($X) constitutes the largest market for imported asbestos in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by Samoa ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

In Solomon Islands, asbestos imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Samoa (+X% per year) and New Zealand (+X% per year).

Import Prices by Country

In 2020, the asbestos import price in Australia and Oceania amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. Over the period under review, import prices reached the maximum at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Samoa ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Solomon Islands, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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