Australia and Oceania: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Australia and Oceania

In 2022, the wood chips and particles market in Australia and Oceania decreased by X% to $X, falling for the third consecutive year after five years of growth. In general, consumption showed a pronounced decline. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Wood Chips And Particles in Australia and Oceania

In value terms, wood chips and particles production declined to $X in 2022 estimated in export price. Overall, production, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Wood Chips And Particles

Exports in Australia and Oceania

In 2022, approx. X cubic meters of wood chips and particles were exported in Australia and Oceania; picking up by X% compared with the previous year. Overall, exports recorded a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X%. The volume of export peaked at X cubic meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood chips and particles exports surged to $X in 2022. Total exports indicated a notable expansion 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Australia prevails in exports structure, recording X cubic meters, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X cubic meters), making up a X% share of total exports. Fiji (X cubic meters) took a relatively small share of total exports.

Exports from Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) and Fiji (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 2022, respectively.

In value terms, Australia ($X) remains the largest wood chips and particles supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per cubic meter in 2022, surging by X% against the previous year. Over the period under review, the export price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2015 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per cubic meter), while Fiji ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, 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 Wood Chips And Particles

Imports in Australia and Oceania

In 2022, supplies from abroad of wood chips and particles decreased by X% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X cubic meters in 2021, and then declined slightly in the following year.

In value terms, wood chips and particles imports reduced slightly to $X in 2022. Over the period under review, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

Australia was the major importing country with an import of around X cubic meters, which accounted for X% of total imports. Fiji (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by New Zealand (X%) and Samoa (X%).

From 2012 to 2022, average annual rates of growth with regard to wood chips and particles imports into Australia stood at X%. At the same time, Fiji (X%), Samoa (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Fiji and Samoa increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported wood chips and particles in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Fiji ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

In Australia, wood chips and particles imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Fiji (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per cubic meter, increasing by X% against the previous year. Over the period under review, the import price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per cubic meter), while Samoa ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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