Australia and Oceania: Plastic Supports Market 2024

Plastic Supports Market Size in Australia and Oceania

The plastic supports market in Australia and Oceania fell slightly to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Plastic Supports Production in Australia and Oceania

In value terms, plastic supports production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 49% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Plastic Supports Exports

Exports in Australia and Oceania

In 2022, shipments abroad of spools, cops, bobbins and similar supports of plastics decreased by -63.8% to X tons, falling for the third year in a row after two years of growth. In general, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2014 with an increase of 43% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic supports exports fell remarkably to $X in 2022. Over the period under review, exports showed a sharp decline. The pace of growth appeared the most rapid in 2014 with an increase of 43% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia was the major exporting country with an export of around X tons, which finished at 81% of total exports. It was distantly followed by New Zealand (X tons), comprising an 18% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic supports exports from Australia stood at -28.9%. New Zealand (-12.3%) illustrated a downward trend over the same period. New Zealand (+16 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -16.3% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest plastic supports supplier in Australia and Oceania, comprising 83% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total exports.

In Australia, plastic supports exports plunged by an average annual rate of -32.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, waning by -3.9% against the previous year. In general, the export price showed a pronounced setback. The growth pace was the most rapid in 2021 when the export price increased by 9.4% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($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 (-2.4%).

Plastic Supports Imports

Imports in Australia and Oceania

Plastic supports imports stood at X tons in 2022, surging by 7.5% compared with 2021 figures. Overall, imports showed a prominent increase. The pace of growth appeared the most rapid in 2016 when imports increased by 50%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic supports imports surged to $X in 2022. In general, imports recorded strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 35% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

In 2022, Fiji (X tons) was the largest importer of spools, cops, bobbins and similar supports of plastics, committing 61% of total imports. Australia (X tons) ranks second in terms of the total imports with a 20% share, followed by New Zealand (16%).

Fiji was also the fastest-growing in terms of the spools, cops, bobbins and similar supports of plastics imports, with a CAGR of +23.5% from 2012 to 2022. New Zealand and Australia experienced a relatively flat trend pattern. While the share of Fiji (+48 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (-13.3 p.p.) and Australia (-17.8 p.p.) displayed negative dynamics.

In value terms, the largest plastic supports importing markets in Australia and Oceania were Fiji ($X), Australia ($X) and New Zealand ($X), with a combined 97% share of total imports.

Among the main importing countries, Fiji, with a CAGR of +17.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2018 an increase of 43%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Fiji ($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 (+11.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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