Australia and Oceania: Marble And Travertine Market 2022

Marble And Travertine Market Size in Australia and Oceania

The marble and travertine market in Australia and Oceania shrank to $X in 2021, reducing by -2.6% against the previous year. Over the period under review, consumption showed a slight reduction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Marble And Travertine Production in Australia and Oceania

In value terms, marble and travertine production reduced modestly to $X in 2021 estimated in export price. Overall, production recorded a perceptible setback. The pace of growth appeared the most rapid in 2015 with an increase of 18% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Marble And Travertine Exports

Exports in Australia and Oceania

In 2021, overseas shipments of marble and travertine were finally on the rise to reach X tons after two years of decline. Over the period under review, exports saw a buoyant expansion. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble and travertine exports skyrocketed to $X in 2021. In general, exports enjoyed noticeable growth. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Australia (X tons), together recording 99% of total export.

Australia was also the fastest-growing in terms of the marble and travertine exports, with a CAGR of +8.6% from 2012 to 2021. While the share of Australia (+3.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest marble and travertine supplier in Australia and Oceania.

In Australia, marble and travertine exports increased at an average annual rate of +3.0% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, with an increase of 33% against the previous year. In general, the export price, however, recorded a perceptible decrease. Over the period under review, the export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -5.1% per year.

Marble And Travertine Imports

Imports in Australia and Oceania

Marble and travertine imports contracted to X tons in 2021, with a decrease of -12.4% compared with 2020. In general, imports, however, saw a temperate expansion. The pace of growth was the most pronounced in 2013 when imports increased by 1,445% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, marble and travertine imports fell to $X in 2021. Over the period under review, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2013 when imports increased by 175%. The level of import peaked at $X in 2020, and then contracted in the following year.

Imports by Country

New Caledonia was the largest importer of marble and travertine in Australia and Oceania, with the volume of imports finishing at X tons, which was near 52% of total imports in 2021. Australia (X tons) held the second position in the ranking, distantly followed by French Polynesia (X tons), Palau (X tons) and New Zealand (X tons). All these countries together held near 47% share of total imports.

Imports into New Caledonia increased at an average annual rate of +12.8% from 2012 to 2021. At the same time, Palau (+36.2%) and French Polynesia (+21.2%) displayed positive paces of growth. Moreover, Palau emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +36.2% from 2012-2021. Australia experienced a relatively flat trend pattern. By contrast, New Zealand (-6.0%) illustrated a downward trend over the same period. While the share of New Caledonia (+29 p.p.), French Polynesia (+8.7 p.p.) and Palau (+5.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-6.7 p.p.) and Australia (-10.4 p.p.) displayed negative dynamics.

In value terms, New Caledonia ($X) constitutes the largest market for imported marble and travertine in Australia and Oceania, comprising 97% of total imports. The second position in the ranking was taken by Australia ($X), with a 1.7% share of total imports. It was followed by New Zealand, with a 0.5% share.

In New Caledonia, marble and travertine imports increased at an average annual rate of +19.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Australia (-3.8% per year) and New Zealand (-7.3% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, picking up by 8.5% against the previous year. Overall, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when the import price increased by 1,928% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was New Caledonia ($X per ton), while Palau ($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 Caledonia (+6.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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