Australia and Oceania: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Australia and Oceania

The market for ready-mixed concrete and factory made mortars in Australia and Oceania contracted slightly to $X in 2023, flattening at the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Production of Ready-Mixed Concrete And Factory Made Mortars in Australia and Oceania

In value terms, production of ready-mixed concrete and factory made mortars fell to $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports in Australia and Oceania

For the fifth year in a row, Australia and Oceania recorded growth in overseas shipments of ready-mixed concrete and factory made mortars, which increased by X% to X tons in 2023. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, exports of ready-mixed concrete and factory made mortars soared to $X in 2023. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in the near future.

Exports by Country

Australia was the key exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by New Zealand (X tons), committing a X% share of total exports.

Australia was also the fastest-growing in terms of the ready-mixed concrete and factory made mortars exports, with a CAGR of X% from 2012 to 2023. At the same time, New Zealand (X%) displayed positive paces of growth. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Australia ($X) remains the largest ready-mixed concrete and factory made mortar supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, exports of ready-mixed concrete and factory made mortars increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports in Australia and Oceania

In 2023, imports of ready-mixed concrete and factory made mortars in Australia and Oceania skyrocketed to X tons, picking up by X% compared with the previous year's figure. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of ready-mixed concrete and factory made mortars soared to $X in 2023. Overall, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports of hit record highs in 2023 and are likely to see gradual growth in the near future.

Imports by Country

Australia represented the main importer of ready-mixed concrete and factory made mortars in Australia and Oceania, with the volume of imports reaching X tons, which was near X% of total imports in 2023. It was distantly followed by New Zealand (X tons), committing a X% share of total imports. French Polynesia (X tons) and New Caledonia (X tons) held a relatively small share of total imports.

Australia was also the fastest-growing in terms of the ready-mixed concrete and factory made mortars imports, with a CAGR of X% from 2012 to 2023. At the same time, New Zealand (X%) and French Polynesia (X%) displayed positive paces of growth. By contrast, New Caledonia (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of New Zealand (X p.p.), French Polynesia (X p.p.) and New Caledonia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported ready-mixed concrete and factory made mortars in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by New Caledonia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Australia ($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 Caledonia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform