Australia: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Australia

The Australian prepared additives for cements market reached $X in 2022, growing by 4.2% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Additives For Cements, Mortars Or Concretes in Australia

In value terms, prepared additives for cements production expanded modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 61%. Prepared additives for cements production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Australia

In 2022, shipments abroad of prepared additives for cements, mortars or concretes decreased by -22.8% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 143% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared additives for cements exports dropped to $X in 2022. Overall, exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2017 when exports increased by 72%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for prepared additives for cements exports from Australia, accounting for a 58% share of total exports. Moreover, prepared additives for cements exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), threefold. The third position in this ranking was taken by Malaysia (X tons), with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand totaled +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-4.9% per year) and Malaysia (-7.6% per year).

In value terms, New Zealand ($X) remains the key foreign market for prepared additives for cements, mortars or concretes exports from Australia, comprising 45% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 13% share of total exports. It was followed by Thailand, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand stood at +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-2.6% per year) and Thailand (-11.2% per year).

Export Prices by Country

The average prepared additives for cements export price stood at $X per ton in 2022, increasing by 27% against the previous year. Overall, the export price, however, saw a slight reduction. The pace of growth was the most pronounced in 2016 an increase of 102% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Thailand ($X per ton), while the average price for exports to Ghana ($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 Malaysia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Australia

In 2022, the amount of prepared additives for cements, mortars or concretes imported into Australia contracted to X tons, with a decrease of -6.6% against the previous year. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 41% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, prepared additives for cements imports expanded notably to $X in 2022. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 59% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of prepared additives for cements to Australia, with a 35% share of total imports. Moreover, prepared additives for cements imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold. The third position in this ranking was taken by South Korea (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+51.2% per year) and South Korea (-2.5% per year).

In value terms, China ($X) constituted the largest supplier of prepared additives for cements, mortars or concretes to Australia, comprising 31% of total imports. The second position in the ranking was held by Canada ($X), with an 11% share of total imports. It was followed by South Korea, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+5.4% per year) and South Korea (-1.4% per year).

Import Prices by Country

In 2022, the average prepared additives for cements import price amounted to $X per ton, with an increase of 18% against the previous year. In general, the import price, however, showed a mild descent. The import price peaked at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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