Australia and Oceania: Alums Market 2024

Alums Market Size in Australia and Oceania

For the third year in a row, the alums market in Australia and Oceania recorded growth in sales value, which increased by 15% to $X in 2022. The total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +85.7% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Alums Production in Australia and Oceania

In value terms, alums production totaled $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 67,844,800%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Alums Exports

Exports in Australia and Oceania

In 2022, shipments abroad of alums decreased by -95% to X kg, falling for the second year in a row after three years of growth. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 5,818% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, alums exports fell rapidly to $X in 2022. Overall, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2014 when exports increased by 3,385% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand prevails in exports structure, accounting for X kg, which was near 94% of total exports in 2022. It was distantly followed by Australia (X kg), comprising a 6.3% share of total exports.

New Zealand was also the fastest-growing in terms of the alums exports, with a CAGR of -10.6% from 2012 to 2022. Australia (-25.1%) illustrated a downward trend over the same period. While the share of New Zealand (+22 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-22.1 p.p.) displayed negative dynamics.

In value terms, the largest alums supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

New Zealand, with a CAGR of -15.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, waning by -85.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 3,640%. As a result, the export price reached the peak level of $X per ton, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.0%).

Alums Imports

Imports in Australia and Oceania

In 2022, imports of alums in Australia and Oceania dropped markedly to X tons, which is down by -18.5% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 69%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, alums imports fell significantly to $X in 2022. Total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 49%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Papua New Guinea (X tons) and New Zealand (X tons) represented the largest importers of alums in Australia and Oceania, together mixing up 78% of total imports. It was distantly followed by Australia (X tons), making up a 21% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of +22.0%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, New Zealand ($X) constitutes the largest market for imported alums in Australia and Oceania, comprising 69% of total imports. The second position in the ranking was held by Australia ($X), with an 18% share of total imports.

In New Zealand, alums imports increased at an average annual rate of +2.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Australia (+3.9% per year) and Papua New Guinea (+9.2% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, growing by 3.1% against the previous year. Overall, the import price showed tangible growth. The most prominent rate of growth was recorded in 2013 when the import price increased by 154% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the 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 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 (+9.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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