Australia: Plastic Bottle Market 2024

Plastic Bottle Market Size in Australia

The Australian plastic bottle market totaled $X in 2022, standing approx. at the previous year. Overall, consumption posted a buoyant expansion. Plastic bottle consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Plastic Bottle Production in Australia

In value terms, plastic bottle production rose modestly to $X in 2022 estimated in export price. In general, production posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Plastic bottle production peaked at $X in 2020; afterwards, it flattened through to 2022.

Plastic Bottle Exports

Exports from Australia

In 2022, shipments abroad of carboys, bottles and similar articles of plastics increased by X% to X tons, rising for the second consecutive year after six years of decline. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic bottle exports soared to $X in 2022. Overall, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), New Zealand (X tons) and Fiji (X tons) were the main destinations of plastic bottle exports from Australia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic bottle exported from Australia were the United States ($X), New Zealand ($X) and Fiji ($X), with a combined X% share of total exports. Vanuatu, Papua New Guinea, the UK, China and New Caledonia lagged somewhat behind, together accounting for a further X%.

Vanuatu, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic bottle export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated a tangible increase 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, plastic bottle export price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Vanuatu ($X per ton) and the United States ($X per ton), while the average price for exports to New Caledonia ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Bottle Imports

Imports into Australia

In 2022, overseas purchases of carboys, bottles and similar articles of plastics decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, total imports indicated a buoyant expansion 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, plastic bottle imports rose remarkably to $X in 2022. In general, total imports indicated a strong 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, imports increased by X% against 2014 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastic bottle to Australia, accounting for a X% share of total imports. Moreover, plastic bottle imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. New Zealand (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and New Zealand (X% per year).

In value terms, China ($X) constituted the largest supplier of carboys, bottles and similar articles of plastics to Australia, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and New Zealand (X% per year).

Import Prices by Country

The average plastic bottle import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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