Australia and Oceania: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in Australia and Oceania

The cellulose fibrecement sheet market in Australia and Oceania surged to $X in 2022, growing by 17% against the previous year. Overall, consumption showed a resilient expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Cellulose Fibrecement Sheet Production in Australia and Oceania

In value terms, cellulose fibrecement sheet production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight setback. The most prominent rate of growth was recorded in 2013 with an increase of 91%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Cellulose Fibrecement Sheet Exports

Exports in Australia and Oceania

In 2022, the amount of sheets, panels and tiles of cellulose fibrecement exported in Australia and Oceania fell significantly to X tons, which is down by -62.8% compared with 2021. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 50%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, cellulose fibrecement sheet exports shrank rapidly to $X in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 when exports increased by 20%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, finishing at X tons, which was approx. 94% of total exports in 2022. The following exporters - New Zealand (X tons) and Fiji (X tons) - each amounted to a 6.3% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cellulose fibrecement sheet exports from Australia stood at -6.9%. At the same time, Fiji (+26.4%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +26.4% from 2012-2022. By contrast, New Zealand (-38.6%) illustrated a downward trend over the same period. While the share of Australia (+62 p.p.) and Fiji (+3.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-65.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest cellulose fibrecement sheet supplier in Australia and Oceania, comprising 94% of total exports. The second position in the ranking was held by New Zealand ($X), with a 3.5% share of total exports.

In Australia, cellulose fibrecement sheet exports shrank by an average annual rate of -3.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (-36.7% per year) and Fiji (+17.2% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, increasing by 17% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cellulose fibrecement sheet export price increased by +15.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 41% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, 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 Australia (+3.3%), while the other leaders experienced mixed trends in the export price figures.

Cellulose Fibrecement Sheet Imports

Imports in Australia and Oceania

In 2022, the amount of sheets, panels and tiles of cellulose fibrecement imported in Australia and Oceania expanded notably to X tons, picking up by 8.5% against the year before. Over the period under review, imports continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of 79%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, cellulose fibrecement sheet imports soared to $X in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 113%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

New Zealand represented the major importer of sheets, panels and tiles of cellulose fibrecement in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. 52% of total imports in 2022. Australia (X tons) held the second position in the ranking, distantly followed by Papua New Guinea (X tons). All these countries together took approx. 38% share of total imports. The following importers - French Polynesia (X tons), Samoa (X tons), New Caledonia (X tons) and Fiji (X tons) - each reached a 7.8% share of total imports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +27.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cellulose fibrecement sheet importing markets in Australia and Oceania were New Zealand ($X), Australia ($X) and Papua New Guinea ($X), with a combined 95% share of total imports.

In terms of the main importing countries, New Zealand, with a CAGR of +36.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, with an increase of 19% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cellulose fibrecement sheet import price increased by +86.7% against 2016 indices. The growth pace was the most rapid in 2018 an increase of 26%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while New Caledonia ($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 more modest paces of growth.

Source: IndexBox Platform

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