Australia: Stamping Foil Market 2024

Stamping Foil Market Size in Australia

In 2023, after three years of growth, there was significant decline in the Australian stamping foil market, when its value decreased by X% to $X. In general, consumption, however, recorded strong growth. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Stamping Foil Production in Australia

In value terms, stamping foil production surged to $X in 2023 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X,200% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

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Stamping Foil Exports

Exports from Australia

After two years of growth, shipments abroad of stamping foils decreased by X% to X tons in 2023. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2022, and then fell notably in the following year.

In value terms, stamping foil exports dropped markedly to $X in 2023. In general, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for stamping foil exports from Australia, with a X% share of total exports. Moreover, stamping foil exports to China exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. South Korea (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and South Korea (X% per year).

In value terms, China ($X) remains the key foreign market for stamping foils exports from Australia, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2023, the average stamping foil export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

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

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

Stamping Foil Imports

Imports into Australia

In 2023, the amount of stamping foils imported into Australia contracted rapidly to X tons, falling by X% compared with 2022 figures. Overall, imports, however, recorded moderate growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, stamping foil imports dropped remarkably to $X in 2023. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), France (X tons) and Malaysia (X tons) were the main suppliers of stamping foil imports to Australia, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Malaysia ($X) were the largest stamping foil suppliers to Australia, with a combined X% share of total imports.

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average stamping foil import price stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform