Report Update Nov 1, 2024

Australia - Bismuth - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Bismuth Market 2022

Bismuth Market Size in Australia

For the fifth consecutive year, the Australian bismuth market recorded decline in sales value, which decreased by -17.4% to $X in 2021. Overall, consumption, however, saw a perceptible reduction. Bismuth consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Bismuth Exports

Exports from Australia

After four years of growth, shipments abroad of bismuth decreased by -72.7% to X tons in 2021. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2017 with an increase of 97% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, bismuth exports reduced rapidly to $X in 2021. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 199% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for bismuth exports from Australia, with a 76% share of total exports. Moreover, bismuth exports to China exceeded the volume sent to the second major destination, the United States (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to China stood at -11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and New Zealand (-3.3% per year).

In value terms, China ($X) remains the key foreign market for bismuth exports from Australia, comprising 69% of total exports. The second position in the ranking was taken by the United States ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+129.7% per year) and New Zealand (-11.9% per year).

Export Prices by Country

The average bismuth export price stood at $X per ton in 2021, surging by 35% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 73%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+35.2%), while the prices for the other major destinations experienced a decline.

Bismuth Imports

Imports into Australia

In 2021, approx. X tons of bismuth were imported into Australia; which is down by -20.5% against the previous year's figure. Over the period under review, imports, however, recorded a mild expansion. The pace of growth was the most pronounced in 2016 with an increase of 175%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bismuth imports dropped notably to $X in 2021. In general, imports faced a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 86% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest bismuth supplier to Australia, accounting for a 85% share of total imports. Moreover, bismuth imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) and the UK ($X) constituted the largest bismuth suppliers to Australia.

Among the main suppliers, the UK, with a CAGR of +2.2%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average bismuth import price stood at $X per ton in 2021, declining by -33.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 9.7% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-11.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bismuth in the world?

The country with the largest volume of bismuth consumption was China, comprising approx. 49% of total volume. Moreover, bismuth consumption in China exceeded the figures recorded by the second-largest consumer, Vietnam, sixfold. Hong Kong SAR ranked third in terms of total consumption with a 7.8% share.

What are the largest producers of bismuth in the world?

China remains the largest bismuth producing country worldwide, comprising approx. 75% of total volume. Moreover, bismuth production in China exceeded the figures recorded by the second-largest producer, Vietnam, eightfold. The third position in this ranking was occupied by Lao People's Democratic Republic, with a 4.7% share.

What are the leading suppliers of bismuth to Australia?

In value terms, China and the UK were the largest bismuth suppliers to Australia.

What are the leading importers of bismuth from Australia?

In value terms, China remains the key foreign market for bismuth exports from Australia, comprising 72% of total exports. The second position in the ranking was occupied by the United States $482), with a 26% share of total exports.

What is the average export price for bismuth in Australia?

The average bismuth export price stood at $8,320 per ton in 2021, reducing by -27.7% against the previous year.

What is the average import price for bismuth in Australia?

The average bismuth import price stood at $7,644 per ton in 2021, falling by -45.9% against the previous year.

This report provides an in-depth analysis of the bismuth market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023