Australia: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Australia

The Australian market for inorganic oxygen compounds of non-metals soared to $X in 2022, jumping by X% against the previous year. Over the period under review, the total consumption indicated a tangible 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Inorganic Oxygen Compounds Of Non-Metals in Australia

In value terms, inorganic oxygen compounds of non-metals production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from Australia

In 2022, overseas shipments of inorganic oxygen compounds of non-metals decreased by X% to X tons, falling for the fifth year in a row after four years of growth. Over the period under review, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2015 when exports increased by X%. 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, inorganic oxygen compounds of non-metals exports declined significantly to $X in 2022. Overall, exports faced a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for inorganic oxygen compounds of non-metals exports from Australia, with a X% share of total exports. Moreover, inorganic oxygen compounds of non-metals exports to New Zealand exceeded the volume sent to the second major destination, the UK (X tons), fourfold. The third position in this ranking was taken by Brazil (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Brazil (X% per year).

In value terms, the UK ($X) remains the key foreign market for inorganic oxygen compounds of non-metals exports from Australia, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and Brazil (X% per year).

Export Prices by Country

The average export price for inorganic oxygen compounds of non-metals stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

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

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into Australia

Inorganic oxygen compounds of non-metals imports into Australia surged to X tons in 2022, rising by X% against the previous year. In general, imports recorded prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, inorganic oxygen compounds of non-metals imports soared to $X in 2022. Over the period under review, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and Vietnam (X tons) were the main suppliers of inorganic oxygen compounds of non-metals imports to Australia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Austria ($X) were the largest inorganic oxygen compounds of non-metals suppliers to Australia, together accounting for X% of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for inorganic oxygen compounds of non-metals amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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