Australia and Oceania: Asphalted Paper Market 2024

Asphalted Paper Market Size in Australia and Oceania

The asphalted paper market in Australia and Oceania was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, recorded a perceptible descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Asphalted Paper Production in Australia and Oceania

In value terms, asphalted paper production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Asphalted Paper Exports

Exports in Australia and Oceania

Asphalted paper exports dropped remarkably to X tons in 2022, with a decrease of X% on 2021. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, asphalted paper exports fell modestly to $X in 2022. Overall, exports saw a noticeable curtailment. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Fiji (X tons) was the main exporter of tarred, bituminised or asphalted paper and paperboard, achieving X% of total exports. It was distantly followed by Australia (X kg), New Zealand (X kg) and Guam (X kg), together achieving a X% share of total exports.

Fiji was also the fastest-growing in terms of the tarred, bituminised or asphalted paper and paperboard exports, with a CAGR of X% from 2012 to 2022. Australia experienced a relatively flat trend pattern. Guam (X%) and New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Fiji, Australia and Guam increased by X, X and X percentage points, respectively.

In value terms, Fiji ($X), Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Fiji, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price posted a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Guam ($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 more modest paces of growth.

Asphalted Paper Imports

Imports in Australia and Oceania

In 2022, purchases abroad of tarred, bituminised or asphalted paper and paperboard decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, asphalted paper imports dropped slightly to $X in 2022. Over the period under review, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Australia prevails in imports structure, amounting to X tons, which was approx. X% of total imports in 2022. Micronesia (X tons) ranks second in terms of the total imports with an X% share, followed by Papua New Guinea (X%) and Fiji (X%). Samoa (X tons) and Cook Islands (X tons) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Micronesia (X%) and Samoa (X%) displayed positive paces of growth. Moreover, Micronesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Cook Islands (X%), Fiji (X%) and Papua New Guinea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia, Micronesia and Samoa increased by X, X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported tarred, bituminised or asphalted paper and paperboard in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Micronesia ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: Micronesia (X% per year) and Fiji (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the 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 Micronesia ($X per ton), while Samoa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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