Australia and Oceania: Explosives Market 2022

Explosives Market Size in Australia and Oceania

The explosives market in Australia and Oceania surged to $X in 2021, jumping by X% against the previous year. In general, consumption, however, showed a pronounced decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Explosives Production in Australia and Oceania

In value terms, explosives production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable curtailment. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Explosives Exports

Exports in Australia and Oceania

Explosives exports declined to X tons in 2021, with a decrease of -X% compared with 2020. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, explosives exports soared to $X in 2021. In general, exports recorded a deep setback. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, recording X tons, which was approx. X% of total exports in 2021. It was distantly followed by New Zealand (X tons), comprising a X% share of total exports.

Australia was also the fastest-growing in terms of the prepared explosives exports, with a CAGR of -X% from 2012 to 2021. New Zealand (-X%) illustrated a downward trend over the same period. While the share of Australia (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of New Zealand (-X p.p.) displayed negative dynamics.

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

From 2012 to 2021, 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 2021, with an increase of X% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, explosives export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%).

Explosives Imports

Imports in Australia and Oceania

In 2021, imports of prepared explosives in Australia and Oceania skyrocketed to X tons, increasing by X% compared with the previous year's figure. Over the period under review, imports, however, saw a abrupt downturn. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, explosives imports skyrocketed to $X in 2021. In general, imports continue to indicate modest growth. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Australia dominates imports structure, reaching X tons, which was approx. X% of total imports in 2021. It was distantly followed by Papua New Guinea (X tons), comprising a X% share of total imports. The following importers - New Zealand (X tons), Fiji (X tons) and New Caledonia (X tons) - each resulted at a X% share of total imports.

Imports into Australia decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Fiji (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2012-2021. By contrast, New Caledonia (-X%), Papua New Guinea (-X%) and New Zealand (-X%) illustrated a downward trend over the same period. While the share of Australia (+X p.p.) and Fiji (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-X p.p.) and Papua New Guinea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported prepared explosives in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, explosives imports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (-X% per year) and Papua New Guinea (-X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, growing by X% against the previous year. Import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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