Australia: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Australia

In 2021, after two years of decline, there was significant growth in the Australian market for prefabricated buildings of plastics, concrete or aluminium, when its value increased by 56% to $X. Over the period under review, consumption, however, faced a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Australia

In 2021, shipments abroad of prefabricated buildings of plastics, concrete or aluminium increased by 38% to X tons, rising for the fifth consecutive year after three years of decline. Over the period under review, exports posted a buoyant increase. The pace of growth was the most pronounced in 2013 when exports increased by 136% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. In general, exports, however, showed a pronounced descent. The growth pace was the most rapid in 2013 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from Australia, accounting for a 45% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), threefold. Vanuatu (X tons) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand totaled +48.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-9.3% per year) and Vanuatu (0.0% per year).

In value terms, New Zealand ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from Australia, comprising 49% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 20% share of total exports. It was followed by Vanuatu, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand amounted to +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-14.1% per year) and Vanuatu (0.0% per year).

Export Prices by Country

In 2021, the average export price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, stabilizing at the previous year. Overall, the export price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 21% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Vanuatu ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Australia

In 2021, approx. X tons of prefabricated buildings of plastics, concrete or aluminium were imported into Australia; surging by 42% on the previous year. In general, imports, however, saw a abrupt decline. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. Overall, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Australia, with a 52% share of total imports. Moreover, imports of prefabricated buildings of plastics, concrete or aluminium from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+15.2% per year) and Italy (+12.9% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Australia, comprising 50% of total imports. The second position in the ranking was held by Malaysia ($X), with a 15% share of total imports. It was followed by Italy, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+13.8% per year) and Italy (+9.6% per year).

Import Prices by Country

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, rising by 14% against the previous year. In general, the import price, however, showed a perceptible downturn. The growth pace was the most rapid in 2017 when the average import price increased by 43% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Vietnam ($X per ton) and Thailand ($X per ton), while the price for Finland ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform