Australia: Newsprint Market 2024

Newsprint Market Size in Australia

The Australian newsprint market amounted to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, showed a deep slump. Newsprint consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Newsprint Production in Australia

In value terms, newsprint production declined to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Newsprint Exports

Exports from Australia

In 2022, shipments abroad of newsprint decreased by -1% to X tons, falling for the fifth year in a row after two years of growth. Overall, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2016 when exports increased by 166%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, newsprint exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw mild growth. The most prominent rate of growth was recorded in 2013 when exports increased by 186% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for newsprint exports from Australia, with a 91% share of total exports. Moreover, newsprint exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), more than tenfold. China (X tons) ranked third in terms of total exports with a 2% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand amounted to +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+30.7% per year) and China (-14.7% per year).

In value terms, New Zealand ($X) remains the key foreign market for newsprint exports from Australia, comprising 94% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a 2.1% share of total exports. It was followed by India, with a 1.3% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand stood at +29.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+20.9% per year) and India (-32.4% per year).

Export Prices by Country

The average newsprint export price stood at $X per ton in 2022, rising by 22% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, newsprint export price increased by +46.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 39% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Newsprint Imports

Imports into Australia

In 2022, supplies from abroad of newsprint decreased by -20.5% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 185% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, newsprint imports totaled $X in 2022. Overall, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by 177%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Austria (X tons) constituted the largest newsprint supplier to Australia, with a 45% share of total imports. Moreover, newsprint imports from Austria exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold. The third position in this ranking was held by South Korea (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Austria amounted to +199.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+3.7% per year) and South Korea (-15.3% per year).

In value terms, the largest newsprint suppliers to Australia were Austria ($X), Canada ($X) and South Korea ($X), with a combined 74% share of total imports.

Among the main suppliers, Austria, with a CAGR of +215.3%, saw the highest rates of growth with regard to 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

In 2022, the average newsprint import price amounted to $X per ton, jumping by 44% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, newsprint import price increased by +64.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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