Australia: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Australia

In 2021, the Australian vulcanised rubber mats market increased by 28% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Vulcanised Rubber Mats Exports

Exports from Australia

In 2021, shipments abroad of floor coverings and mats of vulcanised rubber increased by 9.2% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 306% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, vulcanised rubber mats exports surged to $X in 2021. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 187%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for vulcanised rubber mats exports from Australia, with a 78% share of total exports. Moreover, vulcanised rubber mats exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), more than tenfold. The third position in this ranking was held by South Africa (X tons), with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand totaled +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-4.3% per year) and South Africa (+44.0% per year).

In value terms, New Zealand ($X) remains the key foreign market for floor coverings and mats of vulcanised rubber exports from Australia, comprising 78% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a 6% share of total exports. It was followed by South Africa, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand totaled +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-16.1% per year) and South Africa (+28.7% per year).

Export Prices by Country

The average vulcanised rubber mats export price stood at $X per ton in 2021, increasing by 13% against the previous year. In general, the export price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per ton) and South Africa ($X per ton), while the average price for exports to Papua New Guinea ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Vulcanised Rubber Mats Imports

Imports into Australia

In 2021, overseas purchases of floor coverings and mats of vulcanised rubber increased by 17% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber mats imports skyrocketed to $X in 2021. In general, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised rubber mats to Australia, with a 47% share of total imports. Moreover, vulcanised rubber mats imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-0.4% per year) and the United States (+10.5% per year).

In value terms, China ($X) constituted the largest supplier of floor coverings and mats of vulcanised rubber to Australia, comprising 47% of total imports. The second position in the ranking was held by India ($X), with an 11% share of total imports. It was followed by the United States, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+10.4% per year) and the United States (+6.8% per year).

Import Prices by Country

In 2021, the average vulcanised rubber mats import price amounted to $X per ton, with an increase of 12% against the previous year. Overall, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vulcanised rubber mats import price increased by +76.0% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 49%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Vietnam ($X per ton) and India ($X per ton), while the price for Taiwan (Chinese) ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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