Australia: Feldspar Market 2024

Feldspar Market Size in Australia

In 2023, the Australian feldspar market decreased by X% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption showed a dramatic decline. Feldspar consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Feldspar Production in Australia

In value terms, feldspar production dropped notably to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Feldspar Exports

Exports from Australia

In 2023, shipments abroad of feldspar decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, feldspar exports contracted significantly to $X in 2023. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of $X, and then declined sharply in the following year.

Exports by Country

Indonesia (X tons) was the main destination for feldspar exports from Australia, accounting for a X% share of total exports. It was followed by the Philippines (X kg), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Indonesia totaled X%.

In value terms, Indonesia ($X) remains the key foreign market for feldspar exports from Australia, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Indonesia stood at X%.

Export Prices by Country

In 2023, the average feldspar export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2022, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Indonesia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced mixed trend patterns.

Feldspar Imports

Imports into Australia

In 2023, overseas purchases of feldspar decreased by X% to X tons, falling for the third consecutive year after three years of growth. In general, imports, however, posted a moderate expansion. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports failed to regain momentum.

In value terms, feldspar imports fell significantly to $X in 2023. Over the period under review, imports, however, recorded a pronounced increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, New Zealand (X tons) constituted the largest feldspar supplier to Australia, accounting for a X% share of total imports. Moreover, feldspar imports from New Zealand exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by Thailand (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from New Zealand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of feldspar to Australia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from New Zealand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

Import Prices by Country

The average feldspar import price stood at $X per ton in 2023, falling by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform