Australia and Oceania: Activated Carbon Market 2024

Activated Carbon Market Size in Australia and Oceania

For the eighth consecutive year, the activated carbon market in Australia and Oceania recorded growth in sales value, which increased by 44% to $X in 2022. Over the period under review, consumption showed strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Activated Carbon Production in Australia and Oceania

In value terms, activated carbon production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a resilient expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Activated Carbon Exports

Exports in Australia and Oceania

In 2022, shipments abroad of activated carbon decreased by -6.1% to X tons, falling for the third consecutive year after three years of growth. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.4% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 23% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, activated carbon exports soared to $X in 2022. Overall, exports, however, saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Australia (X tons), together finishing at 99.9% of total export.

Australia was also the fastest-growing in terms of the activated carbon exports, with a CAGR of +6.3% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest activated carbon supplier in Australia and Oceania.

In Australia, activated carbon exports expanded at an average annual rate of +11.8% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, picking up by 40% against the previous year. Export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, activated carbon export price increased by +66.8% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +5.2% per year.

Activated Carbon Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of activated carbon increased by 1.3% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, activated carbon imports expanded markedly to $X in 2022. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Australia prevails in imports structure, recording X tons, which was approx. 83% of total imports in 2022. New Zealand (X tons) ranks second in terms of the total imports with an 8.6% share, followed by Papua New Guinea (7.1%).

Imports into Australia increased at an average annual rate of +3.9% from 2012 to 2022. At the same time, Papua New Guinea (+7.8%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +7.8% from 2012-2022. By contrast, New Zealand (-1.5%) illustrated a downward trend over the same period. Australia (+3.4 p.p.) and Papua New Guinea (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -5.5% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported activated carbon in Australia and Oceania, comprising 83% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at +6.1%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+1.8% per year) and Papua New Guinea (+10.4% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, growing by 4.9% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, activated carbon import price increased by +42.8% against 2015 indices. The pace of growth was the most pronounced in 2015 an increase of 17% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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