Australia: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Australia

In 2021, the Australian activated natural mineral products market increased by 18% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Exports of Activated Natural Mineral Products

Exports from Australia

In 2021, shipments abroad of activated natural mineral products was finally on the rise to reach X tons after two years of decline. Overall, exports showed resilient growth. The growth pace was the most rapid in 2015 with an increase of 487% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, activated natural mineral products exports declined sharply to $X in 2021. In general, exports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 with an increase of 181% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Caledonia (X tons), New Zealand (X tons) and Singapore (X tons) were the main destinations of activated natural mineral products exports from Australia, together accounting for 71% of total exports.

From 2012 to 2021, the biggest increases were recorded for New Caledonia (with a CAGR of +284.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for activated natural mineral products exported from Australia were New Zealand ($X), Singapore ($X) and New Caledonia ($X), with a combined 73% share of total exports.

In terms of the main countries of destination, New Caledonia, with a CAGR of +523.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average activated natural mineral products export price stood at $X per ton in 2021, falling by -65.5% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of 175% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+62.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Activated Natural Mineral Products

Imports into Australia

In 2021, overseas purchases of activated natural mineral products increased by 6.5% to X tons, rising for the second year in a row after five years of decline. Overall, imports, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by 28%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, activated natural mineral products imports surged to $X in 2021. Over the period under review, total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 41% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest supplier of activated natural mineral products to Australia, accounting for a 55% share of total imports. Moreover, activated natural mineral products imports from Indonesia exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Malaysia (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.6% per year) and Malaysia (+63.8% per year).

In value terms, Indonesia ($X) constituted the largest supplier of activated natural mineral products to Australia, comprising 49% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Indonesia amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.7% per year) and the Netherlands (+72.3% per year).

Import Prices by Country

In 2021, the average activated natural mineral products import price amounted to $X per ton, rising by 16% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 46% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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