Australia and Oceania: Densified Wood Market 2024

Densified Wood Market Size in Australia and Oceania

In 2022, the densified wood market in Australia and Oceania increased by X% to $X, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Densified Wood Production in Australia and Oceania

In value terms, densified wood production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Densified Wood Exports

Exports in Australia and Oceania

In 2022, shipments abroad of densified wood decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, densified wood exports reduced sharply to $X in 2022. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Papua New Guinea represented the main exporter of densified wood in Australia and Oceania, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Australia (X tons), mixing up a X% share of total exports.

Papua New Guinea was also the fastest-growing in terms of the densified wood exports, with a CAGR of X% from 2012 to 2022. Australia (X%) illustrated a downward trend over the same period. Papua New Guinea (X p.p.) and Australia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Papua New Guinea ($X) remains the largest densified wood supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

In Papua New Guinea, densified wood exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate perceptible growth. The growth pace was the most rapid in 2018 an increase of X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

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

Densified Wood Imports

Imports in Australia and Oceania

In 2022, after eight years of decline, there was significant growth in supplies from abroad of densified wood, when their volume increased by X% to X tons. Over the period under review, imports, however, recorded a significant curtailment. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, densified wood imports soared to $X in 2022. In general, imports, however, saw a deep contraction. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Australia prevails in imports structure, finishing at X tons, which was near X% of total imports in 2022. French Polynesia (X tons), New Zealand (X tons), Papua New Guinea (X tons) and Guam (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to densified wood imports into Australia stood at X%. At the same time, French Polynesia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. Guam experienced a relatively flat trend pattern. By contrast, Papua New Guinea (X%) illustrated a downward trend over the same period. French Polynesia (X p.p.), New Zealand (X p.p.) and Guam (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported densified wood in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by French Polynesia ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: French Polynesia (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, dropping by X% against the previous year. Import price indicated a moderate increase 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, densified wood import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was French Polynesia ($X per ton), while Guam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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