Australia: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Australia

The Australian market for ceramic wares for laboratory or technical uses rose rapidly to $X in 2022, surging by 10% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +12.9% against 2020 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from Australia

In 2022, overseas shipments of ceramic wares for laboratory or technical uses were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a notable expansion. The growth pace was the most rapid in 2014 when exports increased by 222% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of ceramic wares for laboratory or technical uses surged to $X in 2022. Overall, exports posted a pronounced expansion. The growth pace was the most rapid in 2014 when exports increased by 253%. Over the period under review, the exports of attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Indonesia (X tons) and China (X tons) were the main destinations of exports of ceramic wares for laboratory or technical uses from Australia, with a combined 94% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +15.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for ceramic wares for laboratory or technical uses exports from Australia, comprising 71% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by China, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.0% per year) and China (+12.4% per year).

Export Prices by Country

In 2022, the average export price for ceramic wares for laboratory or technical uses amounted to $X per ton, with a decrease of -23.7% against the previous year. Over the period under review, the export price showed a mild contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 157%. The export price peaked at $X per ton in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into Australia

In 2022, purchases abroad of ceramic wares for laboratory or technical uses decreased by -9.1% to X tons, falling for the fourth year in a row after two years of growth. In general, imports saw a pronounced shrinkage. The growth pace was the most rapid in 2013 when imports increased by 88% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ceramic wares for laboratory or technical uses soared to $X in 2022. The total import value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 23% against the previous year. Over the period under review, imports of attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest ceramic wares for laboratory or technical uses supplier to Australia, accounting for a 75% share of total imports. Moreover, imports of ceramic wares for laboratory or technical uses from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), tenfold. The third position in this ranking was taken by South Korea (X tons), with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+201.5% per year) and South Korea (+4.5% per year).

In value terms, China ($X) constituted the largest supplier of ceramic wares for laboratory or technical uses to Australia, comprising 67% of total imports. The second position in the ranking was held by the United States ($X), with a 5.9% share of total imports. It was followed by India, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.4% per year) and India (-2.6% per year).

Import Prices by Country

In 2022, the average import price for ceramic wares for laboratory or technical uses amounted to $X per ton, rising by 34% against the previous year. Overall, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :