Australia and Oceania: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Australia and Oceania

In 2021, the market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Australia and Oceania was finally on the rise to reach $X after three years of decline. Over the period under review, consumption showed a remarkable increase. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Australia and Oceania

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded significantly to $X in 2021 estimated in export price. In general, production showed strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 191%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Australia and Oceania

In 2021, shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -78.4% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports recorded a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by 184% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders declined sharply to $X in 2021. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2014 with an increase of 94% against the previous year. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Australia prevails in binders structure, recording X tons, which was near 81% of total exports in 2021. Fiji (X tons) took the second position in the ranking, followed by New Zealand (X tons). All these countries together took approx. 18% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from Australia stood at -1.4%. At the same time, Fiji (+17.3%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +17.3% from 2012-2021. By contrast, New Zealand (-23.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia and Fiji increased by +32 and +7.9 percentage points, respectively.

In value terms, Australia ($X) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier in Australia and Oceania, comprising 81% of total exports. The second position in the ranking was taken by Fiji ($X), with an 8.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at -9.0%. In the other countries, the average annual rates were as follows: Fiji (+8.6% per year) and New Zealand (-24.5% per year).

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, rising by 5.1% against the previous year. In general, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 18% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji ($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 (-2.0%), while the other leaders experienced a decline in the export price figures.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Australia and Oceania

In 2021, supplies from abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by 77% to X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, recorded a perceptible downturn. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2021. Total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Australia (X tons) represented the major importer of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, comprising 62% of total imports. Fiji (X tons) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Papua New Guinea (5.9%) and New Zealand (5.2%). The following importers - New Caledonia (X tons), Samoa (X tons) and Solomon Islands (X tons) - together made up 8.9% of total imports.

From 2012 to 2021, average annual rates of growth with regard to boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders imports into Australia stood at -7.5%. At the same time, Samoa (+32.7%), New Zealand (+30.1%), New Caledonia (+27.3%), Fiji (+13.8%), Papua New Guinea (+12.2%) and Solomon Islands (+1.4%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +32.7% from 2012-2021. Fiji (+12 p.p.), New Zealand (+4.9 p.p.), Papua New Guinea (+4.4 p.p.), New Caledonia (+3.8 p.p.) and Samoa (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -28.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Australia and Oceania, comprising 67% of total imports. The second position in the ranking was held by Fiji ($X), with an 11% share of total imports. It was followed by Papua New Guinea, with a 5.9% share.

In Australia, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank by an average annual rate of -1.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Fiji (+10.2% per year) and Papua New Guinea (+11.6% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by 14% against the previous year. Import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by +10.4% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 23%. The level of import peaked in 2021 and is likely to see steady growth in the near future.

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 Solomon Islands ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+6.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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