Price for Lead Oxides; Red Lead and Orange Lead in Australia - 2023

Contents:

1. Price for Lead Oxides; Red Lead and Orange Lead in Australia (CIF) - 2023
2. Price for Lead Oxides; Red Lead and Orange Lead in Australia (FOB) - 2022
3. Imports of Lead Oxides; Red Lead and Orange Lead in Australia
4. Exports of Lead Oxides; Red Lead and Orange Lead in Australia

Price for Lead Oxides; Red Lead and Orange Lead in Australia (CIF) - 2023

The average import price for lead oxides; red lead and orange leads stood at $3,398 per ton in December 2023, with an increase of 7.4% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 31% month-to-month. As a result, import price attained the peak level of $3,984 per ton. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Spain ($3,718 per ton), while the price for Thailand ($3,032 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lead Oxides; Red Lead and Orange Lead in Australia (FOB) - 2022

The average export price for lead oxides; red lead and orange leads stood at $3,244 per ton in 2022, surging by 8.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 20%. Over the period under review, the average export prices reached the maximum at $3,500 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,590 per ton), while the average price for exports to New Zealand ($1,920 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 Saudi Arabia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lead Oxides; Red Lead and Orange Lead in Australia

For the fourth year in a row, Australia recorded growth in overseas purchases of lead oxides; red lead and orange leads, which increased by 25% to 4.7K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of lead oxides; red lead and orange leads soared to $15M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Lead Oxides; Red Lead and Orange Lead to Australia in 2022:

1. Thailand (3732.1 tons)
2. South Korea (460.0 tons)
3. South Africa (277.0 tons)
4. Spain (100.0 tons)

Exports of Lead Oxides; Red Lead and Orange Lead in Australia

For the fourth year in a row, Australia recorded growth in overseas shipments of lead oxides; red lead and orange leads, which increased by 41% to 777 tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of lead oxides; red lead and orange leads skyrocketed to $2.5M in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Lead Oxides; Red Lead and Orange Lead from Australia in 2022:

1. Canada (160.5 tons)
2. Ghana (120.0 tons)
3. Kazakhstan (120.0 tons)
4. United States (97.6 tons)
5. New Zealand (86.8 tons)
6. Latvia (29.9 tons)
7. Ireland (21.6 tons)
8. Thailand (21.0 tons)
9. Turkey (20.3 tons)
10. Guinea (20.0 tons)
11. Senegal (20.0 tons)
12. Saudi Arabia (14.0 tons)
13. Burkina Faso (13.0 tons)

Source: IndexBox Market Intelligence Platform