Australia and Oceania: Candles And Tapers Market 2022

Candles And Tapers Exports

Exports in Australia and Oceania

In 2020, overseas shipments of candles and tapers were finally on the rise to reach X tons after three years of decline. In general, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, candles and tapers exports expanded notably to $X in 2020. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Australia dominates candles and tapers exports structure, accounting for X tons, which was near X% of total exports in 2020. It was distantly followed by New Zealand (X tons), creating a X% share of total exports.

Australia was also the fastest-growing in terms of the candles and tapers exports, with a CAGR of +X% from 2007 to 2020. At the same time, New Zealand (+X%) displayed positive paces of growth. From 2007 to 2020, the share of Australia increased by +X% percentage points, while New Zealand (-X p.p.) saw their share reduced.

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

In Australia, candles and tapers exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

In 2020, the candles and tapers export price in Australia and Oceania amounted to $X per ton, with a decrease of -X% against the previous year. Export price indicated a temperate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 when the export price increased by X% y-o-y. As a result, export price reached the peak level of $X per ton. from 2013 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

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

Candles And Tapers Imports

Imports in Australia and Oceania

In 2020, supplies from abroad of candles and tapers was finally on the rise to reach X tons for the first time since 2015, thus ending a four-year declining trend. Overall, imports showed a relatively flat trend pattern. The volume of import peaked at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, candles and tapers imports skyrocketed to $X in 2020. Over the period under review, imports recorded a moderate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia was the main importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by New Zealand (X tons), mixing up a X% share of total imports. Papua New Guinea (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of imports of candles and tapers. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2020. By contrast, Papua New Guinea (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2020, 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 Papua New Guinea (-X% per year).

Import Prices by Country

The candles and tapers import price in Australia and Oceania stood at $X per ton in 2020, jumping by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The level of import peaked in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform