Australia: Propellant Powders Market 2022

Propellant Powders Market Size in Australia

For the fourth consecutive year, the Australian propellant powders market recorded decline in sales value, which decreased by -X% to $X in 2021. Overall, consumption, however, recorded a perceptible downturn. Propellant powders consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Propellant Powders Production in Australia

In value terms, propellant powders production totaled $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Propellant Powders Exports

Exports from Australia

In 2021, overseas shipments of propellant powders increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, propellant powders exports surged to $X in 2021. In general, exports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for propellant powders exports from Australia, with a X% share of total exports. It was followed by New Zealand (X tons), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -X%.

In value terms, the United States ($X) remains the key foreign market for propellant powders exports from Australia, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -X%.

Export Prices by Country

The average propellant powders export price stood at $X per ton in 2021, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was New Zealand ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%).

Propellant Powders Imports

Imports into Australia

For the third year in a row, Australia recorded decline in supplies from abroad of propellant powders, which decreased by -X% to X tons in 2021. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, propellant powders imports expanded slightly to $X in 2021. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main propellant powders supplier to Australia, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -X%.

In value terms, the United States ($X) constituted the largest supplier of propellant powders to Australia.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +X%.

Import Prices by Country

In 2021, the average propellant powders import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price saw a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +X% per year.

Source: IndexBox Market Intelligence Platform

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