Australia: Plastic Support Market 2024

Plastic Support Market Size in Australia

The Australian plastic support market totaled $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, recorded a slight decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Plastic Support Production in Australia

In value terms, plastic support production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible setback. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Plastic Support Exports

Exports from Australia

In 2022, the amount of spools, cops and similar supports of plastics exported from Australia declined significantly to X tons, with a decrease of X% compared with the year before. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, plastic support exports shrank to $X in 2022. Overall, exports showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X tons), the United States (X tons) and South Africa (X tons) were the main destinations of plastic support exports from Australia, with a combined X% share of total exports. Papua New Guinea, Switzerland, Thailand, China, Malaysia, Fiji, Turkey and Indonesia lagged somewhat behind, together accounting for a further X%.

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

In value terms, New Zealand ($X), the United States ($X) and South Africa ($X) constituted the largest markets for plastic support exported from Australia worldwide, with a combined X% share of total exports. Papua New Guinea, Switzerland, Thailand, China, Malaysia, Fiji, Turkey and Indonesia lagged somewhat behind, together accounting for a further X%.

Switzerland, with a CAGR of X%, recorded 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 support export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Africa ($X per ton) and Thailand ($X per ton), while the average price for exports to China ($X per ton) and Fiji ($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 South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Support Imports

Imports into Australia

In 2022, after four years of growth, there was significant decline in supplies from abroad of spools, cops and similar supports of plastics, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, plastic support imports rose significantly to $X in 2022. In general, total imports indicated strong growth 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 appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest plastic support supplier to Australia, with a X% share of total imports. Moreover, plastic support imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sevenfold. The third position in this ranking was held by Germany (X tons), 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: Thailand (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of spools, cops and similar supports of plastics to Australia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports. It was followed by Germany, 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: the United States (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average plastic support import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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