Australia and Oceania: Dolomite Market 2024

Dolomite Market Size in Australia and Oceania

The dolomite market in Australia and Oceania skyrocketed to $X in 2021, jumping by 30% against the previous year. The total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -18.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Dolomite Production in Australia and Oceania

In value terms, dolomite production skyrocketed to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -23.7% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 68%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Dolomite Exports

Exports in Australia and Oceania

In 2021, approx. X tons of chalk and dolomite were exported in Australia and Oceania; with a decrease of -63.5% compared with the previous year. In general, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 9,703% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, dolomite exports shrank notably to $X in 2021. Overall, exports showed a noticeable shrinkage. The growth pace was the most rapid in 2020 with an increase of 8,989% against the previous year. As a result, the exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

Australia dominates exports structure, recording X tons, which was approx. 92% of total exports in 2021. It was distantly followed by New Zealand (X tons), creating an 8.3% share of total exports.

Exports from Australia decreased at an average annual rate of -26.4% from 2012 to 2021. At the same time, New Zealand (+75.8%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +75.8% from 2012-2021. While the share of New Zealand (+8.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-8.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest dolomite supplier in Australia and Oceania, comprising 93% of total exports. The second position in the ranking was held by New Zealand ($X), with a 7.4% share of total exports.

In Australia, dolomite exports decreased by an average annual rate of -4.3% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, surging by 8.7% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when the export price increased by 816% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

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 amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+29.9%).

Dolomite Imports

Imports in Australia and Oceania

In 2021, purchases abroad of chalk and dolomite increased by 52% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, saw a perceptible shrinkage. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, dolomite imports skyrocketed to $X in 2021. Total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% 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 +67.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X tons) was the key importer of chalk and dolomite, generating 63% of total imports. New Zealand (X tons) took the second position in the ranking, distantly followed by Micronesia (X tons) and Solomon Islands (X tons). All these countries together held near 34% share of total imports.

Imports into Australia increased at an average annual rate of +8.2% from 2012 to 2021. At the same time, Solomon Islands (+29.9%) and Micronesia (+19.1%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +29.9% from 2012-2021. By contrast, New Zealand (-12.0%) illustrated a downward trend over the same period. Australia (+40 p.p.), Solomon Islands (+5.3 p.p.) and Micronesia (+5.1 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -30.3% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported chalk and dolomite in Australia and Oceania, comprising 79% of total imports. The second position in the ranking was held by New Zealand ($X), with a 17% share of total imports. It was followed by Micronesia, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value in Australia totaled +10.7%. In the other countries, the average annual rates were as follows: New Zealand (-3.3% per year) and Micronesia (+15.1% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, picking up by 5.6% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 75%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Solomon Islands ($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 (+9.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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