Australia and Oceania: Market for Plastics Pipes And Pipe Fittings 2024

Exports of Plastics Pipes And Pipe Fittings

Exports in Australia and Oceania

Plastics pipe and pipe fitting exports shrank to X tons in 2022, falling by -7% compared with 2021 figures. Over the period under review, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 138% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastics pipe and pipe fitting exports expanded to $X in 2022. Overall, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 57%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia was the main exporting country with an export of around X tons, which recorded 66% of total exports. New Zealand (X tons) took a 20% share (based on physical terms) of total exports, which put it in second place, followed by Fiji (13%).

From 2012 to 2022, average annual rates of growth with regard to plastics pipe and pipe fitting exports from Australia stood at -5.8%. At the same time, Fiji (+29.5%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +29.5% from 2012-2022. By contrast, New Zealand (-4.8%) illustrated a downward trend over the same period. While the share of Fiji (+13 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-11.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastics pipe and pipe fitting supplying countries in Australia and Oceania were Australia ($X), New Zealand ($X) and Fiji ($X), with a combined 100% share of total exports.

Fiji, with a CAGR of +21.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, increasing by 11% against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastics pipe and pipe fitting export price increased by +119.4% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 39%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

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 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Plastics Pipes And Pipe Fittings

Imports in Australia and Oceania

After two years of growth, supplies from abroad of plastics pipes and pipe fittings decreased by -7.2% to X tons in 2022. The total import volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 34%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Australia was the key importer of plastics pipes and pipe fittings in Australia and Oceania, with the volume of imports amounting to X tons, which was approx. 66% of total imports in 2022. It was distantly followed by New Zealand (X tons), making up an 18% share of total imports. The following importers - Papua New Guinea (X tons), New Caledonia (X tons) and French Polynesia (X tons) - together made up 10% of total imports.

Imports into Australia increased at an average annual rate of +3.4% from 2012 to 2022. At the same time, New Zealand (+5.0%), New Caledonia (+2.3%) and French Polynesia (+2.0%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.0% from 2012-2022. By contrast, Papua New Guinea (-3.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand increased by +2.8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported plastics pipes and pipe fittings in Australia and Oceania, comprising 70% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total imports. It was followed by New Caledonia, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +3.4%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+5.7% per year) and New Caledonia (+3.0% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, growing by 10% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 17% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 New Zealand (+0.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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