Australia: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Australia

The Australian multiple-walled insulating glass unit market dropped to $X in 2021, reducing by -12.9% 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 a prominent increase from 2012 to 2021: its value increased at an average annual rate of +11.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -18.3% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Australia

In 2021, approx. X square meters of multiple-walled insulating units of glass were exported from Australia; picking up by 436% on the previous year's figure. Overall, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 1,058%. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, multiple-walled insulating glass unit exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2017 when exports increased by 869%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X square meters) was the main destination for multiple-walled insulating glass unit exports from Australia, with a 63% share of total exports. Moreover, multiple-walled insulating glass unit exports to the United States exceeded the volume sent to the second major destination, New Zealand (X square meters), threefold. The third position in this ranking was held by Belgium (X square meters), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-2.7% per year) and Belgium (+534.8% per year).

In value terms, the United States ($X) emerged as the key foreign market for multiple-walled insulating units of glass exports from Australia, comprising 63% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 19% share of total exports. It was followed by Belgium, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-10.1% per year) and Belgium (+578.9% per year).

Export Prices by Country

The average multiple-walled insulating glass unit export price stood at $X per square meter in 2021, standing approx. at the previous year. Over the period under review, the export price showed a pronounced reduction. The pace of growth appeared the most rapid in 2016 an increase of 34%. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to South Africa ($X per square meter) and the United States ($X per square meter), while the average price for exports to China ($X per square meter) and Belgium ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Australia

In 2021, multiple-walled insulating glass unit imports into Australia fell to X square meters, dropping by -11.1% compared with the previous year's figure. In general, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -24.9% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 100% against the previous year. Imports peaked at X square meters in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, multiple-walled insulating glass unit imports declined to $X in 2021. Overall, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2013 with an increase of 218% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) was the main supplier of multiple-walled insulating glass unit to Australia, with a 91% share of total imports. It was followed by Germany (X square meters), with a 2.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.8%.

In value terms, China ($X) constituted the largest supplier of multiple-walled insulating units of glass to Australia, comprising 91% of total imports. The second position in the ranking was held by Germany ($X), with a 2.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +11.6%.

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, standing approx. at the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, multiple-walled insulating glass unit import price increased by +38.1% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 59%. As a result, import price attained the peak level of $X per square meter. From 2014 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per square meter), while the price for Germany totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.6%).

Source: IndexBox Platform

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