Australia and Oceania: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Australia and Oceania

In 2022, the vulcanised rubber erases market in Australia and Oceania increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, saw a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Vulcanised Rubber Erases Production in Australia and Oceania

In value terms, vulcanised rubber erases production surged to $X in 2022 estimated in export price. Overall, production, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Vulcanised Rubber Erases Exports

Exports in Australia and Oceania

In 2022, approx. X tons of erasers of vulcanised rubber were exported in Australia and Oceania; rising by X% against the year before. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, vulcanised rubber erases exports surged to $X in 2022. Overall, exports posted a resilient increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, recording X tons, which was approx. X% of total exports in 2022. The following exporters - Fiji (X kg) and New Zealand (X kg) - together made up X% of total exports.

Exports from Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia and Fiji increased by X and X percentage points, respectively.

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

In Australia, vulcanised rubber erases exports expanded at an average annual rate of X% over the period from 2012-2022. 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, jumping by X% against the previous year. Overall, the export price, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat 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 New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

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

Vulcanised Rubber Erases Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of erasers of vulcanised rubber was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vulcanised rubber erases imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia was the largest importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Papua New Guinea (X tons) and New Zealand (X tons), together committing a X% share of total imports. Fiji (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vulcanised rubber erases imports into Australia stood at X%. At the same time, Papua New Guinea (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Fiji (X%) and New Zealand (X%) illustrated a downward trend over the same period. Papua New Guinea (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 ($X) constitutes the largest market for imported erasers of vulcanised rubber in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

In Australia, vulcanised rubber erases imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and New Zealand (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, saw modest growth. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Australia ($X per ton) and New Zealand ($X per ton), while Papua New Guinea ($X per ton) and Fiji ($X per ton) were 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 mixed trends in the import price figures.

Source: IndexBox Platform

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