Australia and Oceania: Hard Plastic Comb Market 2024

Hard Plastic Comb Market Size in Australia and Oceania

The hard plastic comb market in Australia and Oceania expanded markedly to $X in 2022, surging by 15% against the previous year. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +94.3% against 2020 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the near future.

Hard Plastic Comb Production in Australia and Oceania

In value terms, hard plastic comb production stood at $X in 2022 estimated in export price. In general, production, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2013 with a decrease of 99.9% against the previous year. Over the period under review, production reached the peak level at $X in 2014; afterwards, it flattened through to 2022.

Hard Plastic Comb Exports

Exports in Australia and Oceania

In 2022, overseas shipments of hard rubber or plastic combs decreased by -47.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 260% against the previous year. As a result, the exports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, hard plastic comb exports shrank dramatically to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 94%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, resulting at X tons, which was near 96% of total exports in 2022. New Zealand (X kg) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the hard rubber or plastic combs exports, with a CAGR of +4.0% from 2012 to 2022. New Zealand (-20.9%) illustrated a downward trend over the same period. Australia (+36 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -34.6% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest hard plastic comb supplier in Australia and Oceania, comprising 93% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 6.5% share of total exports.

In Australia, hard plastic comb exports increased at an average annual rate of +3.1% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, growing by 13% against the previous year. In general, the export price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2019 an increase of 121% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices 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 stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.8%).

Hard Plastic Comb Imports

Imports in Australia and Oceania

In 2022, purchases abroad of hard rubber or plastic combs increased by 2.4% to X tons, rising for the second year in a row after five years of decline. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 65%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, hard plastic comb imports soared to $X in 2022. Overall, imports enjoyed buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 74% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Australia was the key importing country with an import of around X tons, which reached 78% of total imports. New Zealand (X tons) ranks second in terms of the total imports with a 10% share, followed by Papua New Guinea (5.4%). Fiji (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of imports of hard rubber or plastic combs. Fiji and New Zealand experienced a relatively flat trend pattern. Papua New Guinea (-3.6%) illustrated a downward trend over the same period. Australia (+5.4 p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea saw its share reduced by -2.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported hard rubber or plastic combs in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was held by New Zealand ($X), with an 11% share of total imports. It was followed by Papua New Guinea, with a 1.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to +5.7%. In the other countries, the average annual rates were as follows: New Zealand (+4.6% per year) and Papua New Guinea (+1.3% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, growing by 16% against the previous year. Overall, the import price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2018 when the import price increased by 51% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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