Australia and Oceania: Glass Fibre Mat Market 2023

Glass Fibre Mat Market Size in Australia and Oceania

The glass fibre mat market in Australia and Oceania rose to $X in 2022, growing by 1.8% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.9% against 2020 indices. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Glass Fibre Mat Production in Australia and Oceania

In value terms, glass fibre mat production reached $X in 2022 estimated in export price. Over the period under review, production recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 27,660,980% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Glass Fibre Mat Exports

Exports in Australia and Oceania

In 2022, exports of glass fibre mats in Australia and Oceania reduced to X tons, which is down by -11.5% on the previous year. Over the period under review, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2015 when exports increased by 110% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass fibre mat exports shrank dramatically to $X in 2022. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 147% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, New Zealand (X tons) and Australia (X tons) represented the main exporter of glass fibre mats in Australia and Oceania, achieving 99% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by New Zealand (with a CAGR of -1.3%).

In value terms, Australia ($X) remains the largest glass fibre mat supplier in Australia and Oceania, comprising 69% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 30% share of total exports.

In Australia, glass fibre mat exports shrank by an average annual rate of -6.4% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, falling by -4.1% against the previous year. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of 56%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.9%).

Glass Fibre Mat Imports

Imports in Australia and Oceania

In 2022, approx. X tons of glass fibre mats were imported in Australia and Oceania; dropping by -19.4% compared with the year before. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of 133%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, glass fibre mat imports fell significantly to $X in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of 112% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Australia was the largest importer of glass fibre mats in Australia and Oceania, with the volume of imports amounting to X tons, which was near 76% of total imports in 2022. It was distantly followed by New Zealand (X tons), creating a 21% share of total imports.

Imports into Australia decreased at an average annual rate of -17.2% from 2012 to 2022. At the same time, New Zealand (+4.1%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +4.1% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +18 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported glass fibre mats in Australia and Oceania, comprising 74% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled -10.7%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, falling by -2.2% against the previous year. In general, the import price, however, recorded a prominent expansion. The growth pace was the most rapid in 2015 an increase of 53% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.8%).

Source: IndexBox Platform

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