Australia and Oceania: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Australia and Oceania

The market for inorganic oxygen compounds of non-metals in Australia and Oceania soared to $X in 2022, increasing by X% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value 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, consumption increased by X% against 2018 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Inorganic Oxygen Compounds Of Non-Metals in Australia and Oceania

In value terms, inorganic oxygen compounds of non-metals production surged to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports in Australia and Oceania

In 2022, shipments abroad of inorganic oxygen compounds of non-metals decreased by X% to X tons, falling for the fifth year in a row after four years of growth. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, inorganic oxygen compounds of non-metals exports dropped markedly to $X in 2022. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. New Zealand (X tons) followed a long way behind the leaders.

Exports from Australia decreased at an average annual rate of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest inorganic oxygen compounds of non-metals supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 Australia ($X per ton), while New Zealand amounted to $X per ton.

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

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports in Australia and Oceania

In 2022, imports of inorganic oxygen compounds of non-metals in Australia and Oceania surged to X tons, picking up by X% on the previous year's figure. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, inorganic oxygen compounds of non-metals imports skyrocketed to $X in 2022. Overall, imports posted a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Australia was the largest importer of inorganic oxygen compounds of non-metals in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X tons), comprising a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%).

In value terms, Australia ($X) constitutes the largest market for imported inorganic oxygen compounds of non-metals in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Australia ($X per ton), while New Zealand amounted to $X per ton.

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

Source: IndexBox Platform

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