Australia and Oceania: Oxygen Market 2024

Oxygen Market Size in Australia and Oceania

The oxygen market in Australia and Oceania contracted modestly to $X in 2022, reducing by X% against the previous year. The total consumption indicated a resilient increase 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 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Oxygen Production in Australia and Oceania

In value terms, oxygen production shrank to $X in 2022 estimated in export price. The total production indicated a prominent 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Oxygen Exports

Exports in Australia and Oceania

In 2022, exports of oxygen in Australia and Oceania dropped notably to X cubic meters, shrinking by X% compared with the previous year. Total exports indicated strong growth from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of export peaked at X cubic meters in 2021, and then plummeted in the following year.

In value terms, oxygen exports shrank to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, New Zealand (X cubic meters) represented the key exporter of oxygen, achieving X% of total exports. It was distantly followed by Australia (X cubic meters), creating a X% share of total exports. Fiji (X cubic meters) followed a long way behind the leaders.

New Zealand was also the fastest-growing in terms of the oxygen exports, with a CAGR of X% from 2012 to 2022. Fiji experienced a relatively flat trend pattern. Australia (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 Fiji (X p.p.) and Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X), New Zealand ($X) and Fiji ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

New Zealand, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Australia and Oceania stood at $X per cubic meter in 2022, surging by X% against the previous year. Overall, the export price, however, saw a abrupt descent. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per cubic meter), while Fiji ($X per cubic meter) was amongst the lowest.

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

Oxygen Imports

Imports in Australia and Oceania

In 2022, imports of oxygen in Australia and Oceania fell significantly to X cubic meters, shrinking by X% on the previous year. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X cubic meters, and then dropped rapidly in the following year.

In value terms, oxygen imports shrank significantly to $X in 2022. Total imports indicated notable growth 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2022, Fiji (X cubic meters) represented the main importer of oxygen, generating X% of total imports. Papua New Guinea (X cubic meters) ranks second in terms of the total imports with a X% share, followed by Guam (X%). The following importers - New Zealand (X cubic meters), New Caledonia (X cubic meters), Australia (X cubic meters) and Solomon Islands (X cubic meters) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Guam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen importing markets in Australia and Oceania were Australia ($X), Papua New Guinea ($X) and Fiji ($X), with a combined X% share of total imports. Guam, New Zealand, New Caledonia and Solomon Islands lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Guam, with a CAGR of X%, recorded the highest rates of growth with regard to 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 cubic meter in 2022, rising by X% against the previous year. In general, the import price, however, showed a slight curtailment. Over the period under review, import prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 ($X per cubic meter), while Fiji ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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