Australia and Oceania: Pre-Coated Aggregates Market 2024

Pre-Coated Aggregates Market Size in Australia and Oceania

The pre-coated aggregates market in Australia and Oceania skyrocketed to $X in 2022, jumping by 209% against the previous year. Overall, consumption continues to indicate a significant expansion. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Pre-Coated Aggregates Production in Australia and Oceania

In value terms, pre-coated aggregates production soared to $X in 2022 estimated in export price. Overall, production showed a remarkable increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Pre-Coated Aggregates Exports

Exports in Australia and Oceania

In 2022, after three years of growth, there was significant decline in overseas shipments of pre-coated aggregates, when their volume decreased by -99.6% to X tons. Overall, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2019 when exports increased by 7,083%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, pre-coated aggregates exports declined dramatically to $X in 2022. In general, exports recorded a sharp setback. The growth pace was the most rapid in 2019 with an increase of 6,201%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Fiji represented the largest exporter of pre-coated aggregates in Australia and Oceania, with the volume of exports finishing at X tons, which was near 88% of total exports in 2022. It was distantly followed by New Zealand (X tons), creating a 12% share of total exports.

Fiji was also the fastest-growing in terms of the pre-coated aggregates exports, with a CAGR of -12.8% from 2012 to 2022. New Zealand (-54.8%) illustrated a downward trend over the same period. Fiji (+88 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -88% from 2012 to 2022, respectively.

In value terms, Fiji ($X) emerged as the largest pre-coated aggregates supplier in Australia and Oceania, comprising 92% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 7.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Fiji stood at -15.9%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, rising by 47% against the previous year. Over the period under review, the export price showed a resilient expansion. As a result, the export price attained the peak level 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 Fiji ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+6.5%).

Pre-Coated Aggregates Imports

Imports in Australia and Oceania

After two years of growth, overseas purchases of pre-coated aggregates decreased by -31.5% to X tons in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by 87% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, pre-coated aggregates imports fell dramatically to $X in 2022. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by 54% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Australia represented the major importer of pre-coated aggregates in Australia and Oceania, with the volume of imports resulting at X tons, which was approx. 52% of total imports in 2022. Cook Islands (X tons) ranks second in terms of the total imports with a 33% share, followed by Fiji (6.1%) and Papua New Guinea (5.1%). New Caledonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cook Islands (with a CAGR of +10.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Australia ($X), Cook Islands ($X) and Fiji ($X) constituted the countries with the highest levels of imports in 2022, with a combined 85% share of total imports.

Among the main importing countries, Australia, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, with an increase of 1.7% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pre-coated aggregates import price increased by +30.9% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 53%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (+11.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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