Australia: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2025

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Australia

In 2021, the Australian cement prefabricated structural components market decreased by -14% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption faced a significant decline. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Australia

For the fourth consecutive year, Australia recorded growth in shipments abroad of prefabricated structural components of cement, concrete or artificial stone, which increased by 13% to X tons in 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,357%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cement prefabricated structural components exports fell to $X in 2021. Overall, exports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2013 when exports increased by 115%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for cement prefabricated structural components exports from Australia, accounting for a 45% share of total exports. Moreover, cement prefabricated structural components exports to New Zealand exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. French Polynesia (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand amounted to +83.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+188.5% per year) and French Polynesia (+123.5% per year).

In value terms, the largest markets for cement prefabricated structural components exported from Australia were New Zealand ($X), the United Arab Emirates ($X) and the United States ($X), together accounting for 73% of total exports.

The United Arab Emirates, with a CAGR of +173.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cement prefabricated structural components export price amounted to $X per ton, waning by -20% against the previous year. Over the period under review, the export price recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2015 an increase of 68%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Papua New Guinea ($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 the United Arab Emirates (-5.2%), while the prices for the other major destinations experienced a decline.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Australia

In 2021, purchases abroad of prefabricated structural components of cement, concrete or artificial stone decreased by -7.5% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when imports increased by 299% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, cement prefabricated structural components imports reached $X in 2021. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 when imports increased by 137%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest cement prefabricated structural components supplier to Australia, accounting for a 81% share of total imports. Moreover, cement prefabricated structural components imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. Indonesia (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.5% per year) and Indonesia (+27.9% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to Australia, comprising 81% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by Indonesia, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.3% per year) and Indonesia (+26.7% per year).

Import Prices by Country

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, picking up by 12% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 65% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Indonesia ($X per ton) and Italy ($X per ton), while the price for Germany ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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