Australia and Oceania: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2025

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Australia and Oceania

In 2021, the market for articles of asbestos-cement, of cellulose fibre-cement in Australia and Oceania was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a abrupt slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Australia and Oceania

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt contraction. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports in Australia and Oceania

In 2021, overseas shipments of articles of asbestos-cement, of cellulose fibre-cement increased by 108% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 955% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement skyrocketed to $X in 2021. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by 455%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

In 2021, New Zealand (X tons) was the main exporter of articles of asbestos-cement, of cellulose fibre-cement, generating 88% of total exports. It was distantly followed by Australia (X tons), committing a 12% share of total exports.

New Zealand was also the fastest-growing in terms of the articles of asbestos-cement, of cellulose fibre-cement exports, with a CAGR of +8.6% from 2012 to 2021. Australia (-13.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand increased by +43 percentage points.

In value terms, Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Australia, with a CAGR of -5.2%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, reducing by -1.9% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the export price increased by 86%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+9.0%).

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports in Australia and Oceania

In 2021, the amount of articles of asbestos-cement, of cellulose fibre-cement imported in Australia and Oceania soared to X tons, growing by 110% against the year before. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 235% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement expanded modestly to $X in 2021. In general, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 268%. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Papua New Guinea represented the largest importing country with an import of around X tons, which amounted to 64% of total imports. It was distantly followed by Australia (X tons), mixing up a 21% share of total imports. The following importers - Fiji (X tons), Tonga (X tons) and Samoa (X tons) - each recorded a 12% share of total imports.

Imports into Papua New Guinea increased at an average annual rate of +3.9% from 2012 to 2021. At the same time, Tonga (+12.0%), Fiji (+11.2%) and Samoa (+7.3%) displayed positive paces of growth. Moreover, Tonga emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +12.0% from 2012-2021. By contrast, Australia (-7.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Papua New Guinea, Fiji, Tonga and Samoa increased by +18, +2.5, +2.5 and +1.6 percentage points, respectively.

In value terms, Papua New Guinea ($X) constitutes the largest market for imported articles of asbestos-cement, of cellulose fibre-cement in Australia and Oceania, comprising 76% of total imports. The second position in the ranking was held by Australia ($X), with a 15% share of total imports. It was followed by Samoa, with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Papua New Guinea was relatively modest. In the other countries, the average annual rates were as follows: Australia (-14.6% per year) and Samoa (+1.9% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, falling by -51.6% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the import price increased by 70% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Tonga ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Papua New Guinea (-4.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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