Australia: Lead Market 2024

Lead Market Size in Australia

The Australian lead market skyrocketed to $X in 2022, rising by 144% against the previous year. In general, consumption continues to indicate a pronounced expansion. Lead consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Lead Production in Australia

In value terms, lead production declined modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 16%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Lead Exports

Exports from Australia

In 2022, overseas shipments of lead decreased by -5.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a perceptible shrinkage. The growth pace was the most rapid in 2015 when exports increased by 32% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, lead exports reduced to $X in 2022. Overall, exports saw a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), the United States (X tons) and Vietnam (X tons) were the main destinations of lead exports from Australia, together accounting for 87% 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 the United States (with a CAGR of +85.1%), while the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), the United States ($X) and Vietnam ($X) constituted the largest markets for lead exported from Australia worldwide, together comprising 88% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +85.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average lead export price amounted to $X per ton, which is down by -6.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($X per ton) and Indonesia ($X per ton), while the average price for exports to the United States ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Lead Imports

Imports into Australia

Lead imports into Australia fell dramatically to X tons in 2022, waning by -46% against 2021 figures. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 446%. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, lead imports dropped markedly to $X in 2022. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 283% against the previous year. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of lead to Australia, accounting for a 88% share of total imports. Moreover, lead imports from Vietnam exceeded the figures recorded by the second-largest supplier, Cambodia (X tons), more than tenfold. Thailand (X tons) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam stood at +136.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (-69.7% per year) and Thailand (+26.7% per year).

In value terms, Vietnam ($X) constituted the largest supplier of lead to Australia, comprising 88% of total imports. The second position in the ranking was taken by Cambodia ($X), with a 5% share of total imports. It was followed by Thailand, with a 5% share.

From 2012 to 2022, the average annual growth rate of value from Vietnam amounted to +134.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (-70.1% per year) and Thailand (+30.2% per year).

Import Prices by Country

In 2022, the average lead import price amounted to $X per ton, increasing by 8.2% against the previous year. In general, the import price, however, saw a mild decline. The pace of growth was the most pronounced in 2015 an increase of 39% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($X per ton) and Vietnam ($X per ton), while the price for India ($X per ton) and Cambodia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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