Australia: Filter Paper Market 2024

Filter Paper Market Size in Australia

The Australian filter paper market fell slightly to $X in 2021, waning by -2% 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 mild growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +15.9% against 2019 indices. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Filter Paper Exports

Exports from Australia

In 2021, shipments abroad of filter paper and paperboard cut to shape decreased by -33.1% to X tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 64% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, filter paper exports dropped modestly to $X in 2021. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 34% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons) was the main destination for filter paper exports from Australia, with a 63% share of total exports. Moreover, filter paper exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), sevenfold. The third position in this ranking was taken by Lao People's Democratic Republic (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-10.0% per year) and Lao People's Democratic Republic (+0.7% per year).

In value terms, New Zealand ($X), Cote d'Ivoire ($X) and Papua New Guinea ($X) appeared to be the largest markets for filter paper exported from Australia worldwide, together accounting for 60% of total exports.

Cote d'Ivoire, with a CAGR of +50.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average filter paper export price amounted to $X per ton, rising by 42% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 75%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to New Zealand ($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 Myanmar (+388.9%), while the prices for the other major destinations experienced more modest paces of growth.

Filter Paper Imports

Imports into Australia

Filter paper imports into Australia dropped markedly to X tons in 2021, falling by -23.7% compared with the previous year's figure. Overall, imports, however, enjoyed mild growth. The pace of growth appeared the most rapid in 2017 when imports increased by 37%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, filter paper imports soared to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 47% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of filter paper to Australia, with a 41% share of total imports. Moreover, filter paper imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Vietnam (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.6% per year) and Vietnam (+135.3% per year).

In value terms, the largest filter paper suppliers to Australia were China ($X), Germany ($X) and the United States ($X), with a combined 70% share of total imports. Japan, South Korea, Vietnam and France lagged somewhat behind, together comprising a further 19%.

Among the main suppliers, Vietnam, with a CAGR of +99.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average filter paper import price stood at $X per ton in 2021, rising by 53% against the previous year. Overall, the import price, however, recorded a slight slump. 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 ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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