Australia and Oceania: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Australia and Oceania

After two years of growth, the calcareous building stone market in Australia and Oceania decreased by -1.5% to $X in 2021. The total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +19.8% against 2016 indices. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Calcareous Building Stone Production in Australia and Oceania

In value terms, calcareous building stone production contracted modestly to $X in 2021 estimated in export price. The total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +36.8% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of 73%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Calcareous Building Stone Exports

Exports in Australia and Oceania

In 2021, shipments abroad of calcareous building stone increased by 82% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 441%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, calcareous building stone exports fell to $X in 2021. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 738% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand dominates exports structure, recording X tons, which was approx. 98% of total exports in 2021. Australia (X kg) followed a long way behind the leaders.

New Zealand was also the fastest-growing in terms of the calcareous building stone exports, with a CAGR of +14.8% from 2012 to 2021. Australia (-20.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand increased by +30 percentage points.

In value terms, New Zealand ($X) emerged as the largest calcareous building stone supplier in Australia and Oceania, comprising 84% of total exports. The second position in the ranking was held by Australia ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in New Zealand amounted to +18.6%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, falling by -50% against the previous year. In general, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2016 when the export price increased by 55%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+3.3%).

Calcareous Building Stone Imports

Imports in Australia and Oceania

In 2021, overseas purchases of calcareous building stone increased by 4.7% to X tons, rising for the second year in a row after two years of decline. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 7,135%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, calcareous building stone imports reached $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +14.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +2.9% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by 211%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, New Caledonia (X tons) was the main importer of calcareous building stone, achieving 65% of total imports. It was distantly followed by Australia (X tons), mixing up a 31% share of total imports. The following importers - New Zealand (X tons) and French Polynesia (X tons) - each reached a 4.3% share of total imports.

Imports into New Caledonia increased at an average annual rate of +23.5% from 2012 to 2021. At the same time, French Polynesia (+37.5%) and Australia (+22.9%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +37.5% from 2012-2021. By contrast, New Zealand (-19.1%) illustrated a downward trend over the same period. While the share of New Caledonia (+35 p.p.), Australia (+16 p.p.) and French Polynesia (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-48.4 p.p.) displayed negative dynamics.

In value terms, New Caledonia ($X) constitutes the largest market for imported calcareous building stone in Australia and Oceania, comprising 99% of total imports. The second position in the ranking was held by Australia ($X), with a 1% share of total imports. It was followed by New Zealand, with a 0.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in New Caledonia totaled +14.2%. The remaining importing countries recorded the following average annual rates of imports growth: Australia (+30.5% per year) and New Zealand (-7.1% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, waning by -3.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 801%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the import prices remained at a somewhat lower figure.

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 New Caledonia ($X per ton), while Australia ($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 (+14.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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