Australia: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Australia

In 2022, the Australian market for self-adhesive plastic tape in rolls of a width under 20cm increased by 6.9% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Australia

In 2022, overseas shipments of self-adhesive plastic tape in rolls of a width under 20cm increased by 24% to X tons, rising for the third year in a row after two years of decline. Overall, exports enjoyed resilient growth. The growth pace was the most rapid in 2020 with an increase of 220% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm soared to $X in 2022. In general, exports recorded strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 203% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Israel (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Australia, with a 83% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Israel exceeded the volume sent to the second major destination, New Zealand (X tons), tenfold. The third position in this ranking was held by the United States (X tons), with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Israel amounted to +157.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+0.1% per year) and the United States (-4.9% per year).

In value terms, Israel ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Australia, comprising 83% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 8.2% share of total exports. It was followed by the United States, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value to Israel amounted to +128.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+4.1% per year) and the United States (-9.0% per year).

Export Prices by Country

The average export price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, jumping by 19% against the previous year. Over the period under review, the export price, however, continues to indicate a mild shrinkage. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and New Zealand ($X per ton), while the average price for exports to Israel ($X per ton) and Papua New Guinea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Australia

In 2022, overseas purchases of self-adhesive plastic tape in rolls of a width under 20cm increased by 11% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm rose significantly to $X in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Australia, with a 52% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.1% per year) and the United States (+3.4% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Australia, comprising 39% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.4% per year) and Italy (-1.6% per year).

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, with a decrease of -2.1% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for self-adhesive plastic tape in rolls of a width under 20cm increased by +6.8% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 40% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then shrank slightly in the following year.

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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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