Australia and Oceania: Dolomite Market 2024

Dolomite Market Size in Australia and Oceania

The dolomite market in Australia and Oceania reached $X in 2021, growing by 3% against the previous year. Overall, consumption posted a strong increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Dolomite Production in Australia and Oceania

In value terms, dolomite production reached $X in 2021 estimated in export price. Overall, production saw a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 88%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Dolomite Exports

Exports in Australia and Oceania

In 2021, overseas shipments of dolomite decreased by -61.2% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 1,251% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then shrank remarkably in the following year.

In value terms, dolomite exports dropped remarkably to $X in 2021. In general, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 1,668%. Over the period under review, the exports hit record highs at $X in 2020, and then reduced markedly in the following year.

Exports by Country

Australia represented the largest exporting country with an export of around X tons, which resulted at 90% of total exports. It was distantly followed by New Zealand (X tons), mixing up a 10% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to dolomite exports from Australia stood at +9.3%. At the same time, New Zealand (+83.1%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +83.1% from 2012-2021. New Zealand (+10 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -10.1% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest dolomite supplier in Australia and Oceania, comprising 90% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 9.6% share of total exports.

In Australia, dolomite exports increased at an average annual rate of +15.3% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, rising by 4.5% against the previous year. In general, the export price saw a resilient increase. The pace of growth was the most pronounced in 2016 an increase of 242% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, 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 (+5.5%).

Dolomite Imports

Imports in Australia and Oceania

In 2021, overseas purchases of dolomite increased by 100% to X tons, rising for the second consecutive year after four years of decline. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 237%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, dolomite imports skyrocketed to $X in 2021. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 200%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Australia dominates imports structure, resulting at X tons, which was approx. 87% of total imports in 2021. It was distantly followed by New Zealand (X tons), generating a 6.7% share of total imports. New Caledonia (X tons), French Polynesia (X tons) and Fiji (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the dolomite imports, with a CAGR of +39.5% from 2012 to 2021. At the same time, New Zealand (+18.7%) and French Polynesia (+5.5%) displayed positive paces of growth. By contrast, New Caledonia (-2.7%) and Fiji (-19.5%) illustrated a downward trend over the same period. While the share of Australia (+69 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of French Polynesia (-3 p.p.), New Caledonia (-12.7 p.p.) and Fiji (-51.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported dolomite in Australia and Oceania, comprising 73% of total imports. The second position in the ranking was held by New Zealand ($X), with a 21% share of total imports. It was followed by New Caledonia, with a 4.4% share.

In Australia, dolomite imports expanded at an average annual rate of +47.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (+37.3% per year) and New Caledonia (-2.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, flattening at the previous year. Import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dolomite import price decreased by -16.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by 41%. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was New Zealand ($X per ton), while Fiji ($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 (+15.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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