Australia and Oceania: Market for Plastic Tableware And Kitchenware 2024

Market Size for Plastic Tableware And Kitchenware in Australia and Oceania

After three years of growth, the plastic tableware and kitchenware market in Australia and Oceania decreased by -8.9% to $X in 2022. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Production of Plastic Tableware And Kitchenware in Australia and Oceania

In value terms, plastic tableware and kitchenware production totaled $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.8% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of 91%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Plastic Tableware And Kitchenware

Exports in Australia and Oceania

In 2022, overseas shipments of plastic tableware and kitchenware increased by 44% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 45%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, plastic tableware and kitchenware exports soared to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand represented the main exporter of plastic tableware and kitchenware in Australia and Oceania, with the volume of exports recording X tons, which was approx. 79% of total exports in 2022. It was distantly followed by Australia (X tons), committing a 21% share of total exports.

New Zealand was also the fastest-growing in terms of the plastic tableware and kitchenware exports, with a CAGR of +6.0% from 2012 to 2022. At the same time, Australia (+4.3%) displayed positive paces of growth. From 2012 to 2022, the share of New Zealand increased by +3 percentage points.

In value terms, New Zealand ($X) remains the largest plastic tableware and kitchenware supplier in Australia and Oceania, comprising 79% of total exports. The second position in the ranking was held by Australia ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in New Zealand stood at +8.8%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, picking up by 3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2014 when the export price increased by 33%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+2.6%).

Imports of Plastic Tableware And Kitchenware

Imports in Australia and Oceania

Plastic tableware and kitchenware imports reduced to X tons in 2022, remaining constant against the year before. Over the period under review, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic tableware and kitchenware imports fell slightly to $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Australia was the key importer of plastic tableware and kitchenware in Australia and Oceania, with the volume of imports accounting for X tons, which was approx. 73% of total imports in 2022. It was distantly followed by New Zealand (X tons) and Papua New Guinea (X tons), together generating a 21% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to plastic tableware and kitchenware imports into Australia stood at -2.6%. At the same time, Papua New Guinea (+12.9%) and New Zealand (+1.4%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +12.9% from 2012-2022. From 2012 to 2022, the share of Papua New Guinea and New Zealand increased by +4.3 and +3.4 percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported plastic tableware and kitchenware in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports.

In Australia, plastic tableware and kitchenware imports expanded at an average annual rate of +1.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+2.9% per year) and Papua New Guinea (+13.4% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, standing approx. at the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic tableware and kitchenware import price increased by +63.0% against 2016 indices. The growth pace was the most rapid in 2018 an increase of 34%. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :