Australia and Oceania: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in Australia and Oceania

After three years of decline, the market for liquid or compressed air and distilled or conductivity water in Australia and Oceania increased by 7.9% to $X in 2021. In general, consumption showed a abrupt slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in Australia and Oceania

In value terms, liquid air and distilled water production rose markedly to $X in 2021 estimated in export price. Overall, production showed a deep reduction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports in Australia and Oceania

In 2021, the amount of liquid or compressed air and distilled or conductivity water exported in Australia and Oceania shrank to X tons, which is down by -11.8% compared with the year before. Over the period under review, exports, however, enjoyed a slight expansion. The pace of growth was the most pronounced in 2013 when exports increased by 412% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, liquid air and distilled water exports dropped sharply to $X in 2021. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 381% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Australia prevails in exports structure, recording X tons, which was near 96% of total exports in 2021. The following exporters - Fiji (X kg) and New Zealand (X kg) - each amounted to a 3.5% share of total exports.

Australia was also the fastest-growing in terms of the liquid or compressed air and distilled or conductivity water exports, with a CAGR of +3.4% from 2012 to 2021. Fiji (-9.5%) and New Zealand (-20.3%) illustrated a downward trend over the same period. Australia (+16 p.p.) significantly strengthened its position in terms of the total exports, while Fiji and New Zealand saw its share reduced by -3.2% and -12.8% from 2012 to 2021, respectively.

In value terms, Australia ($X) emerged as the largest liquid air and distilled water supplier in Australia and Oceania, comprising 84% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 15% share of total exports.

In Australia, liquid air and distilled water exports decreased by an average annual rate of -4.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (-14.3% per year) and Fiji (-17.2% per year).

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, falling by -79.9% against the previous year. In general, the export price saw a deep reduction. The growth pace was the most rapid in 2020 an increase of 75% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, 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 (+7.6%), while the other leaders experienced a decline in the export price figures.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports in Australia and Oceania

In 2021, supplies from abroad of liquid or compressed air and distilled or conductivity water increased by 36% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a noticeable setback. The growth pace was the most rapid in 2016 with an increase of 49%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid air and distilled water imports surged to $X in 2021. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by 140%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Papua New Guinea (X tons) and Australia (X tons) prevails in imports structure, together constituting 96% of total imports. Nauru (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +25.3%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Australia ($X) constitutes the largest market for imported liquid or compressed air and distilled or conductivity water in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a 5.5% share of total imports.

In Australia, liquid air and distilled water imports expanded at an average annual rate of +25.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Papua New Guinea (-13.7% per year) and Nauru (0.0% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, jumping by 18% against the previous year. Overall, the import price saw a resilient expansion. The pace of growth was the most pronounced in 2017 when the import price increased by 64% against the previous year. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Australia (-0.0%).

Source: IndexBox Platform

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