Australia and Oceania: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Australia and Oceania

The market for prefabricated buildings of plastics, concrete or aluminium in Australia and Oceania expanded sharply to $X in 2021, with an increase of 9% against the previous year. Over the period under review, consumption, however, saw a slight contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Australia and Oceania

In value terms, production of prefabricated buildings of plastics, concrete or aluminium expanded modestly to $X in 2021 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 increased by +20.0% against 2018 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 36%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded growth in shipments abroad of prefabricated buildings of plastics, concrete or aluminium, which increased by 42% to X tons in 2021. Overall, exports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of 84%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. In general, exports, however, saw a noticeable descent. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Australia represented the key exporter of prefabricated buildings of plastics, concrete or aluminium in Australia and Oceania, with the volume of exports recording X tons, which was near 78% of total exports in 2021. It was distantly followed by New Zealand (X tons), generating a 21% share of total exports.

Australia was also the fastest-growing in terms of the prefabricated buildings of plastics, concrete or aluminium exports, with a CAGR of +8.7% from 2012 to 2021. New Zealand (-14.4%) illustrated a downward trend over the same period. While the share of Australia (+48 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of New Zealand (-48.5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest prefabricated buildings of plastics, concrete or aluminium supplier in Australia and Oceania, comprising 77% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at -3.5%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, picking up by 2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 67%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+14.6%).

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports in Australia and Oceania

In 2021, imports of prefabricated buildings of plastics, concrete or aluminium in Australia and Oceania soared to X tons, increasing by 26% on the year before. Over the period under review, imports, however, saw a abrupt descent. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. Overall, imports, however, showed a deep setback. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Australia represented the key importing country with an import of around X tons, which accounted for 56% of total imports. New Zealand (X tons) took the second position in the ranking, distantly followed by Papua New Guinea (X tons). All these countries together held near 33% share of total imports. Solomon Islands (X tons), New Caledonia (X tons) and Vanuatu (X tons) took a relatively small share of total imports.

Imports into Australia decreased at an average annual rate of -10.3% from 2012 to 2021. At the same time, New Zealand (+20.6%), Vanuatu (+16.4%) and Solomon Islands (+13.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +20.6% from 2012-2021. By contrast, Papua New Guinea (-6.2%) and New Caledonia (-11.1%) illustrated a downward trend over the same period. While the share of New Zealand (+23 p.p.) and Solomon Islands (+3.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-26.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported prefabricated buildings of plastics, concrete or aluminium in Australia and Oceania, comprising 60% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 26% share of total imports. It was followed by Papua New Guinea, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at -12.2%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+19.6% per year) and Papua New Guinea (-13.2% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, jumping by 17% against the previous year. In general, the import price, however, saw a noticeable shrinkage. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while Solomon Islands ($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 (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform