Australia and Oceania: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Australia and Oceania

The calcium carbonate market in Australia and Oceania expanded sharply to $X in 2021, increasing by 8.8% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Calcium Carbonate Production in Australia and Oceania

In value terms, calcium carbonate production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 25% against the previous year. Over the period under review, production reached the peak level in 2021 and is expected to retain growth in the immediate term.

Calcium Carbonate Exports

Exports in Australia and Oceania

In 2021, exports of calcium carbonate in Australia and Oceania rose remarkably to X tons, growing by 13% compared with the previous year's figure. Overall, exports recorded a noticeable expansion. The most prominent rate of growth was recorded in 2018 with an increase of 87%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, calcium carbonate exports shrank to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 99% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the two major exporters of calcium carbonate, namely Australia and New Zealand, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of +15.1%).

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

New Zealand, with a CAGR of +18.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, reducing by -21.7% against the previous year. In general, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 9% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 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 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 (+3.2%).

Calcium Carbonate Imports

Imports in Australia and Oceania

In 2021, purchases abroad of calcium carbonate decreased by -1.6% to X tons, falling for the third consecutive year after three years of growth. Total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.0% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 38% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, calcium carbonate imports rose notably to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +10.5% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 39% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Australia represented the main importer of calcium carbonate in Australia and Oceania, with the volume of imports accounting for X tons, which was approx. 55% of total imports in 2021. New Zealand (X tons) held the second position in the ranking, distantly followed by New Caledonia (X tons). All these countries together took approx. 37% share of total imports. Papua New Guinea (X tons), Fiji (X tons) and Micronesia (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Micronesia (with a CAGR of +18.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest calcium carbonate importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and New Caledonia ($X), together comprising 95% of total imports. These countries were followed by Papua New Guinea, Fiji and Micronesia, which together accounted for a further 4.3%.

In terms of the main importing countries, Micronesia, with a CAGR of +16.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, jumping by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Zealand ($X per ton), while New Caledonia ($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 (+1.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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