Australia and Oceania: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Australia and Oceania

The metal pickling preparations market in Australia and Oceania declined to $X in 2021, which is down by -9.3% against the previous year. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +13.8% against 2017 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Metal Pickling Preparations Production in Australia and Oceania

In value terms, metal pickling preparations production fell to $X in 2021 estimated in export price. The total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +25.5% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of 64%. The level of production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Metal Pickling Preparations Exports

Exports in Australia and Oceania

In 2021, overseas shipments of pickling preparations for metal surfaces were finally on the rise to reach X tons after eight years of decline. Overall, exports, however, faced a precipitous decrease. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal pickling preparations exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt setback. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, finishing at X tons, which was near 95% of total exports in 2021. It was distantly followed by New Zealand (X tons), achieving a 5.2% share of total exports.

Exports from Australia decreased at an average annual rate of -24.6% from 2012 to 2021. At the same time, New Zealand (+27.0%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +27.0% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +5.1 percentage points.

In value terms, Australia ($X) remains the largest metal pickling preparations supplier in Australia and Oceania, comprising 93% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 7.3% share of total exports.

In Australia, metal pickling preparations exports declined by an average annual rate of -18.0% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, declining by -10.7% against the previous year. Export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +8.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal pickling preparations export price decreased by -23.0% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 72%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+8.6%).

Metal Pickling Preparations Imports

Imports in Australia and Oceania

In 2021, approx. X tons of pickling preparations for metal surfaces were imported in Australia and Oceania; leveling off at the previous year. In general, imports, however, showed a slight contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 22%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, metal pickling preparations imports totaled $X in 2021. Overall, imports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Australia dominates imports structure, reaching X tons, which was near 87% of total imports in 2021. It was distantly followed by New Zealand (X tons), generating a 9.1% share of total imports. Papua New Guinea (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -1.8% from 2012 to 2021. At the same time, Papua New Guinea (+6.5%) and New Zealand (+6.1%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +6.5% from 2012-2021. While the share of New Zealand (+4.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-5.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported pickling preparations for metal surfaces in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to -3.1%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+3.5% per year) and Papua New Guinea (-2.9% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, growing by 10% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by 13% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: 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 (-1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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