Australia and Oceania: Bentonite Market 2021

Bentonite Market Size in Australia and Oceania

The bentonite market in Australia and Oceania reached $X in 2019, surging by X% against the previous year. The total consumption indicated a modest expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. The level of consumption peaked at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Bentonite Production in Australia and Oceania

In value terms, bentonite production skyrocketed to $X in 2019 estimated in export prices. The total production indicated mild growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Production By Country in Australia and Oceania

Australia (X tons) constituted the country with the largest volume of bentonite production, accounting for X% of total volume.

From 2007 to 2019, the average annual rate of growth in terms of volume in Australia stood at +X%.

Bentonite Exports

Exports in Australia and Oceania

In 2019, overseas shipments of bentonite were finally on the rise to reach X tons for the first time since 2014, thus ending a four-year declining trend. In general, exports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tons in 2010; however, from 2011 to 2019, exports remained at a lower figure.

In value terms, bentonite exports expanded rapidly to $X in 2019. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, Australia (X tons) represented the major exporter of bentonite, mixing up X% of total exports. It was distantly followed by New Zealand (X tons), making up a X% share of total exports.

Exports from Australia decreased at an average annual rate of -X% from 2007 to 2019. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +X% from 2007-2019. New Zealand (+X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -X% from 2007 to 2019, respectively.

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

In Australia, bentonite exports remained relatively stable over the period from 2007-2019.

Export Prices by Country

The bentonite export price in Australia and Oceania stood at $X per ton in 2019, waning by -X% against the previous year. Over the period under review, the export price, however, showed measured growth. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2012 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand.

Bentonite Imports

Imports in Australia and Oceania

Bentonite imports reduced to X tons in 2019, which is down by -X% on the previous year's figure. Total imports indicated a modest expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, bentonite imports shrank to $X in 2019. Total imports indicated noticeable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Australia (X tons) was the major importer of bentonite, achieving X% of total imports. It was distantly followed by New Zealand (X tons), making up a X% share of total imports. Papua New Guinea (X tons) occupied a minor share of total imports.

From 2007 to 2019, the biggest increases were in New Zealand, while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest bentonite importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and Papua New Guinea ($X), with a combined X% share of total imports.

Among the main importing countries, New Zealand recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2019, the bentonite import price in Australia and Oceania amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The level of import peaked in 2019 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Papua New Guinea ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Papua New Guinea, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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