Australia and Oceania: Non-Cellular Polypropylene Film Market 2024

Non-Cellular Polypropylene Film Market Size in Australia and Oceania

In 2021, the non-cellular polypropylene film market in Australia and Oceania increased by 16% to $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Non-Cellular Polypropylene Film Production in Australia and Oceania

In value terms, non-cellular polypropylene film production expanded sharply to $X in 2021 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.6% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 33%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Non-Cellular Polypropylene Film Exports

Exports in Australia and Oceania

In 2021, after four years of decline, there was significant growth in shipments abroad of non-cellular polypropylene films, sheets, foil and strip, when their volume increased by 28% to X tons. In general, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2016 with an increase of 34%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-cellular polypropylene film exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt shrinkage. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Australia was the main exporter of non-cellular polypropylene films, sheets, foil and strip in Australia and Oceania, with the volume of exports recording X tons, which was near 66% of total exports in 2021. It was distantly followed by New Zealand (X tons), creating a 34% share of total exports.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +15.9%).

In value terms, Australia ($X) emerged as the largest non-cellular polypropylene film supplier in Australia and Oceania, comprising 83% of total exports. The second position in the ranking was held by New Zealand ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at -10.8%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, rising by 81% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-cellular polypropylene film export price increased by +95.2% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+10.1%).

Non-Cellular Polypropylene Film Imports

Imports in Australia and Oceania

In 2021, non-cellular polypropylene film imports in Australia and Oceania skyrocketed to X tons, increasing by 33% against 2020. Overall, imports, however, continue to indicate a mild downturn. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-cellular polypropylene film imports surged to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia was the largest importing country with an import of around X tons, which recorded 77% of total imports. It was distantly followed by New Zealand (X tons), creating a 19% share of total imports. Papua New Guinea (X tons) held a minor share of total imports.

Imports into Australia decreased at an average annual rate of -1.6% from 2012 to 2021. At the same time, Papua New Guinea (+2.4%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +2.4% from 2012-2021. New Zealand experienced a relatively flat trend pattern. While the share of Australia (-2.2 p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported non-cellular polypropylene films, sheets, foil and strip in Australia and Oceania, comprising 74% of total imports. The second position in the ranking was held by New Zealand ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-1.8% per year) and Papua New Guinea (+1.1% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by 7.7% against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2018 an increase of 16%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia ($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 (+2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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