Australia: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2025

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Australia

The Australian pigments, opacifiers and colours market declined modestly to $X in 2022, dropping by -4.8% 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). Overall, consumption, however, showed prominent growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Australia

Pigments, opacifiers and colours exports from Australia fell significantly to X tons in 2022, with a decrease of -64.3% on 2021 figures. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 67% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pigments, opacifiers and colours exports contracted remarkably to $X in 2022. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 when exports increased by 107%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons) was the main destination for pigments, opacifiers and colours exports from Australia, accounting for a 67% share of total exports. Moreover, pigments, opacifiers and colours exports to New Zealand exceeded the volume sent to the second major destination, Thailand (X tons), fourfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand totaled -7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+42.8% per year) and Taiwan (Chinese) (+38.8% per year).

In value terms, New Zealand ($X) remains the key foreign market for pigments, opacifiers and colours for ceramics, enamelling or glass exports from Australia, comprising 62% of total exports. The second position in the ranking was taken by Thailand ($X), with a 17% share of total exports. It was followed by Taiwan (Chinese), with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+56.7% per year) and Taiwan (Chinese) (+37.6% per year).

Export Prices by Country

In 2022, the average pigments, opacifiers and colours export price amounted to $X per ton, rising by 43% against the previous year. In general, the export price recorded a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 115% 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Hong Kong SAR ($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 New Zealand (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Australia

In 2022, imports of pigments, opacifiers and colours for ceramics, enamelling or glass into Australia declined notably to X tons, waning by -31.7% against the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of X tons, and then contracted dramatically in the following year.

In value terms, pigments, opacifiers and colours imports amounted to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.5% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 28% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of pigments, opacifiers and colours to Australia, accounting for a 54% share of total imports. Moreover, pigments, opacifiers and colours imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-0.7% per year) and Italy (+0.0% per year).

In value terms, the United States ($X) constituted the largest supplier of pigments, opacifiers and colours for ceramics, enamelling or glass to Australia, comprising 68% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by Spain, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.7% per year) and Spain (+1.3% per year).

Import Prices by Country

The average pigments, opacifiers and colours import price stood at $X per ton in 2022, picking up by 56% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pigments, opacifiers and colours import price decreased by -28.8% against 2018 indices. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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