Australia: Printing Components Market 2024

Printing Components Market Size in Australia

The Australian printing components market reduced slightly to $X in 2022, stabilizing at the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +9.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Printing components consumption peaked at $X in 2021, and then dropped slightly in the following year.

Printing Components Production in Australia

In value terms, printing components production stood at $X in 2022 estimated in export price. Over the period under review, production, however, posted buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 54%. Printing components production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Printing Components Exports

Exports from Australia

In 2022, overseas shipments of printing components were finally on the rise to reach X tons after three years of decline. Overall, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 157%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, printing components exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2014 when exports increased by 138%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Papua New Guinea (X tons) was the main destination for printing components exports from Australia, with a 50% share of total exports. Moreover, printing components exports to Papua New Guinea exceeded the volume sent to the second major destination, Thailand (X tons), threefold. Indonesia (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Papua New Guinea was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+32.7% per year) and Indonesia (-1.4% per year).

In value terms, Thailand ($X) emerged as the key foreign market for printing components exports from Australia, comprising 43% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 15% share of total exports. It was followed by Fiji, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value to Thailand stood at +53.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-7.1% per year) and Fiji (+9.7% per year).

Export Prices by Country

In 2022, the average printing components export price amounted to $X per ton, which is down by -12.1% against the previous year. In general, the export price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 57%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Papua New Guinea ($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 Vietnam (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Components Imports

Imports into Australia

In 2022, supplies from abroad of printing components decreased by -36% to X tons, falling for the second consecutive year after three years of growth. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by 73% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, printing components imports contracted significantly to $X in 2022. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest printing components supplier to Australia, with a 49% share of total imports. Moreover, printing components imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-11.1% per year) and the United States (+1.5% per year).

In value terms, China ($X), Japan ($X) and the United States ($X) constituted the largest printing components suppliers to Australia, with a combined 54% share of total imports. The UK, Germany, South Korea and Indonesia lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, South Korea, with a CAGR of +41.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average printing components import price amounted to $X per ton, which is down by -3.8% against the previous year. In general, the import price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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