Australia: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in Australia

In 2022, the Australian market for articles of cellulose fibre-cement, not containing asbestos decreased by -18.2% to $X, falling for the second year in a row after six years of growth. In general, consumption, however, enjoyed a resilient expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in Australia

In value terms, production of articles of cellulose fibre-cement, not containing asbestos rose remarkably to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 230% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports from Australia

In 2022, overseas shipments of articles of cellulose fibre-cement, not containing asbestos increased by 24% to X tons, rising for the third consecutive year after three years of decline. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 5,186%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos stood at $X in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 5,366%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

New Zealand (X tons) was the main destination for exports of articles of cellulose fibre-cement, not containing asbestos from Australia, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to New Zealand totaled +85.0%.

In value terms, New Zealand ($X) also remains the key foreign market for articles of cellulose fibre-cement, not containing asbestos exports from Australia.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand stood at +81.8%.

Export Prices by Country

The average export price for articles of cellulose fibre-cement, not containing asbestos stood at $X per ton in 2022, which is down by -10.8% against the previous year. In general, the export price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2018 an increase of 116%. The export price peaked at $X per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +14.9% per year.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports into Australia

In 2022, the amount of articles of cellulose fibre-cement, not containing asbestos imported into Australia fell to X tons, dropping by -4.1% compared with 2021 figures. Over the period under review, imports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2015 when imports increased by 339%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos shrank to $X in 2022. In general, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of 63%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest articles of cellulose fibre-cement, not containing asbestos supplier to Australia, accounting for a 85% share of total imports. Moreover, imports of articles of cellulose fibre-cement, not containing asbestos from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+4.8% per year) and Germany (-22.3% per year).

In value terms, China ($X) constituted the largest supplier of articles of cellulose fibre-cement, not containing asbestos to Australia, comprising 82% of total imports. The second position in the ranking was held by Vietnam ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+9.1% per year) and Germany (-24.5% per year).

Import Prices by Country

The average import price for articles of cellulose fibre-cement, not containing asbestos stood at $X per ton in 2022, declining by -3.7% against the previous year. Over the period under review, the import price, however, posted temperate growth. The pace of growth appeared the most rapid in 2016 an increase of 69% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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