Australia: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2024

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Australia

The Australian chloride oxides of metal market soared to $X in 2021, increasing by 56% 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). Over the period under review, consumption posted prominent growth. Chloride oxides of metal consumption peaked in 2021 and is expected to retain growth in the immediate term.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports from Australia

In 2021, overseas shipments of chloride oxides and chloride hydroxides of copper and other metals increased by 147% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 788%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, chloride oxides of metal exports soared to $X in 2021. Over the period under review, exports, however, showed a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 759% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for chloride oxides of metal exports from Australia, with a 90% share of total exports. Moreover, chloride oxides of metal exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume to New Zealand amounted to +4.6%.

In value terms, New Zealand ($X) remains the key foreign market for chloride oxides and chloride hydroxides of copper and other metals exports from Australia, comprising 88% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value to New Zealand amounted to -14.3%.

Export Prices by Country

In 2021, the average chloride oxides of metal export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 161% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+63.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports into Australia

In 2021, imports of chloride oxides and chloride hydroxides of copper and other metals into Australia surged to X tons, picking up by 33% on the previous year. Over the period under review, imports saw a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 60%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, chloride oxides of metal imports surged to $X in 2021. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 85% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

China (X tons), India (X tons) and Malaysia (X tons) were the main suppliers of chloride oxides of metal imports to Australia, with a combined 90% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +437.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of chloride oxides and chloride hydroxides of copper and other metals to Australia, comprising 62% of total imports. The second position in the ranking was taken by India ($X), with a 22% share of total imports. It was followed by the United States, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+16.4% per year) and the United States (+86.3% per year).

Import Prices by Country

In 2021, the average chloride oxides of metal import price amounted to $X per ton, rising by 33% against the previous year. Overall, the import price, however, saw a abrupt descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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