Australia: Insulating Board Market 2025

Insulating Board Market Size in Australia

The Australian insulating board market declined to $X in 2022, which is down by -4.7% against the previous year. In general, consumption saw a deep setback. Insulating board consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Insulating Board Production in Australia

In value terms, insulating board production fell modestly to $X in 2022 estimated in export price. In general, production saw a abrupt contraction. The growth pace was the most rapid in 2019 when the production volume increased by 37%. Insulating board production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Insulating Board Exports

Exports from Australia

Insulating board exports from Australia skyrocketed to X cubic meters in 2022, jumping by 208% against 2021 figures. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 33,691% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, insulating board exports soared to $X in 2022. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by 15,854% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Papua New Guinea (X cubic meters) was the main destination for insulating board exports from Australia, accounting for a 87% share of total exports. Moreover, insulating board exports to Papua New Guinea exceeded the volume sent to the second major destination, New Zealand (X cubic meters), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Papua New Guinea amounted to +111.1%.

In value terms, Papua New Guinea ($X) emerged as the key foreign market for insulating board exports from Australia, comprising 79% of total exports. The second position in the ranking was held by New Zealand ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Papua New Guinea totaled +42.6%.

Export Prices by Country

The average insulating board export price stood at $X per cubic meter in 2022, waning by -41.8% against the previous year. In general, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 436%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per cubic meter), while the average price for exports to Papua New Guinea totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-16.6%).

Insulating Board Imports

Imports into Australia

Insulating board imports into Australia surged to X cubic meters in 2022, with an increase of 73% compared with the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 74% against the previous year. As a result, imports attained the peak of X cubic meters. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, insulating board imports skyrocketed to $X in 2022. Overall, imports, however, recorded a slight setback. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Poland (X cubic meters) constituted the largest insulating board supplier to Australia, with a 60% share of total imports. Moreover, insulating board imports from Poland exceeded the figures recorded by the second-largest supplier, Spain (X cubic meters), fourfold. China (X cubic meters) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +32.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-1.6% per year) and China (-8.3% per year).

In value terms, Poland ($X) constituted the largest supplier of insulating board to Australia, comprising 49% of total imports. The second position in the ranking was taken by Spain ($X), with an 18% share of total imports. It was followed by India, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +27.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.8% per year) and India (+15.6% per year).

Import Prices by Country

The average insulating board import price stood at $X per cubic meter in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a slight reduction. The pace of growth was the most pronounced in 2019 an increase of 62% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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