Australia and Oceania: Corrugated Paper Market 2024

Corrugated Paper Market Size in Australia and Oceania

The corrugated paper market in Australia and Oceania fell to $X in 2022, with a decrease of X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Corrugated Paper Production in Australia and Oceania

In value terms, corrugated paper production shrank to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Corrugated Paper Exports

Exports in Australia and Oceania

For the third year in a row, Australia and Oceania recorded growth in shipments abroad of corrugated paper and paperboard, which increased by X% to X tons in 2022. In general, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, corrugated paper exports surged to $X in 2022. Over the period under review, exports saw mild growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Australia (X tons) represented the largest exporter of corrugated paper and paperboard, comprising X% of total exports. New Zealand (X tons) ranks second in terms of the total exports with a X% share, followed by Fiji (X%).

Australia was also the fastest-growing in terms of the corrugated paper and paperboard exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. By contrast, Fiji (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) and New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Fiji (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price showed a abrupt setback. The growth pace was the most rapid in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced a decline in the export price figures.

Corrugated Paper Imports

Imports in Australia and Oceania

Corrugated paper imports expanded to X tons in 2022, with an increase of X% compared with the previous year. Over the period under review, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, corrugated paper imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Papua New Guinea was the key importer of corrugated paper and paperboard in Australia and Oceania, with the volume of imports reaching X tons, which was near X% of total imports in 2022. Australia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by New Zealand (X%). New Caledonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to corrugated paper imports into Papua New Guinea stood at X%. 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 2012-2022. By contrast, Australia (X%) and New Caledonia (X%) illustrated a downward trend over the same period. While the share of Papua New Guinea (X p.p.), Australia (X p.p.) and New Zealand (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X), Papua New Guinea ($X) and New Zealand ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Papua New Guinea, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price continues to indicate a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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