Australia and Oceania: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Australia and Oceania

For the fifth consecutive year, the market for drawn glass and blown glass in Australia and Oceania recorded decline in sales value, which decreased by -0.1% to $X in 2021. Overall, consumption recorded a perceptible shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Drawn Glass And Blown Glass in Australia and Oceania

In value terms, drawn glass and blown glass production totaled $X in 2021 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 50% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Drawn Glass And Blown Glass

Exports in Australia and Oceania

Drawn glass and blown glass exports skyrocketed to X square meters in 2021, rising by 48% on 2020. Overall, exports saw a moderate expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 242% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, drawn glass and blown glass exports dropped remarkably to $X in 2021. Over the period under review, exports, however, recorded a significant contraction. The growth pace was the most rapid in 2014 with an increase of 245%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Fiji (X square meters) represented the largest exporter of drawn glass and blown glass, achieving 72% of total exports. It was distantly followed by Australia (X square meters), generating a 25% share of total exports. New Zealand (X square meters) took a little share of total exports.

Fiji experienced a relatively flat trend pattern with regard to volume of exports of drawn glass and blown glass. Australia (-7.0%) and New Zealand (-22.1%) illustrated a downward trend over the same period. While the share of Fiji (+72 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-33.7 p.p.) and New Zealand (-38.1 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest drawn glass and blown glass supplier in Australia and Oceania, comprising 82% of total exports. The second position in the ranking was taken by Fiji ($X), with a 9.9% share of total exports.

In Australia, drawn glass and blown glass exports decreased by an average annual rate of -22.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Fiji (-10.5% per year) and New Zealand (-19.0% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per square meter in 2021, falling by -45.4% against the previous year. Overall, the export price saw a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when the export price increased by 197%. Over the period under review, the export prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per square meter), while Fiji ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+4.0%), while the other leaders experienced a decline in the export price figures.

Imports of Drawn Glass And Blown Glass

Imports in Australia and Oceania

In 2021, overseas purchases of drawn glass and blown glass decreased by -54.6% to X square meters, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 464% against the previous year. As a result, imports reached the peak of X square meters. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, drawn glass and blown glass imports reduced dramatically to $X in 2021. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 45%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of drawn glass and blown glass, namely French Polynesia, New Zealand and Samoa, represented more than two-thirds of total import. It was distantly followed by Solomon Islands (X square meters), comprising a 9.2% share of total imports. Fiji (X square meters), Papua New Guinea (X square meters), Micronesia (X square meters) and Australia (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Solomon Islands (with a CAGR of +60.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest drawn glass and blown glass importing markets in Australia and Oceania were Fiji ($X), New Zealand ($X) and Samoa ($X), with a combined 53% share of total imports. Australia, Solomon Islands, Papua New Guinea, French Polynesia and Micronesia lagged somewhat behind, together comprising a further 35%.

Solomon Islands, with a CAGR of +35.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 square meter in 2021, with an increase of 27% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 an increase of 261%. Over the period under review, import prices attained the maximum at $X per square meter in 2014; however, from 2015 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 ($X per square meter), while French Polynesia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+12.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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