Australia and Oceania: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Australia and Oceania

The market for wood pellets and other agglomerates in Australia and Oceania soared to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, faced a deep slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Wood Pellets And Other Agglomerates in Australia and Oceania

In value terms, wood pellets and other agglomerates production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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Exports of Wood Pellets And Other Agglomerates

Exports in Australia and Oceania

In 2022, approx. X tons of wood pellets and other agglomerates were exported in Australia and Oceania; waning by X% against 2021. Overall, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, wood pellets and other agglomerates exports plummeted to $X in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

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

Australia was also the fastest-growing in terms of the wood pellets and other agglomerates exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in Australia amounted to 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. Overall, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Imports of Wood Pellets And Other Agglomerates

Imports in Australia and Oceania

In 2022, overseas purchases of wood pellets and other agglomerates increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports recorded a prominent expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, wood pellets and other agglomerates imports skyrocketed to $X in 2022. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Australia represented the main importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by New Zealand (X tons), mixing up a X% share of total imports. Papua New Guinea (X tons) held a minor share of total imports.

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

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

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%. 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 2022, flattening at the previous year. Import price indicated moderate growth from 2012 to 2022: its price 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, wood pellets and other agglomerates import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

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 ($X per ton), while Papua New Guinea ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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