Australia and Oceania: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Australia and Oceania

The activated natural mineral products market in Australia and Oceania declined modestly to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Production of Activated Natural Mineral Products in Australia and Oceania

In value terms, activated natural mineral products production reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Activated Natural Mineral Products

Exports in Australia and Oceania

In 2023, approx. X tons of activated natural mineral products were exported in Australia and Oceania; approximately reflecting the previous year. Overall, exports posted a measured expansion. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, activated natural mineral products exports shrank to $X in 2023. In general, exports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Papua New Guinea represented the major exporting country with an export of about X tons, which recorded X% of total exports. Australia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by New Zealand (X%).

Papua New Guinea was also the fastest-growing in terms of the activated natural mineral products exports, with a CAGR of X% from 2012 to 2023. At the same time, New Zealand (X%) displayed positive paces of growth. By contrast, Australia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Papua New Guinea increased by X percentage points.

In value terms, Papua New Guinea ($X), Australia ($X) and New Zealand ($X) constituted the countries with the highest levels of exports in 2023.

Papua New Guinea, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, dropping by X% against the previous year. Overall, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced a decline in the export price figures.

Imports of Activated Natural Mineral Products

Imports in Australia and Oceania

Activated natural mineral products imports dropped slightly to X tons in 2023, with a decrease of X% against 2022 figures. Over the period under review, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, activated natural mineral products imports fell slightly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Australia dominates imports structure, reaching X tons, which was near X% of total imports in 2023. New Zealand (X tons) ranks second in terms of the total imports with an X% share, followed by Papua New Guinea (X%). New Caledonia (X tons) took a minor share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2023. At the same time, New Caledonia (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, New Zealand (X%) and Papua New Guinea (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Australia and New Caledonia increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported activated natural mineral products in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, activated natural mineral products imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, growing by X% against the previous year. Import price indicated a strong increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, activated natural mineral products import price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices reached the maximum in 2023 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform