Australia: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Australia

In 2021, the Australian sulphides of non-metals market increased by 4.8% to $X, rising for the third consecutive year after five years of decline. Over the period under review, consumption, however, showed a perceptible downturn. Sulphides of non-metals consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Sulphides Of Non-Metals Exports

Exports from Australia

After three years of decline, shipments abroad of sulphides of non-metals and commercial phosphorus trisulphide increased by 14% to X kg in 2021. Over the period under review, exports, however, continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2017 with an increase of 177%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, sulphides of non-metals exports expanded sharply to $X in 2021. In general, exports, however, saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 80% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Papua New Guinea (X kg) was the main destination for sulphides of non-metals exports from Australia, accounting for a 42% share of total exports. Moreover, sulphides of non-metals exports to Papua New Guinea exceeded the volume sent to the second major destination, New Zealand (X kg), twofold. The third position in this ranking was taken by the Philippines (X kg), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Papua New Guinea totaled -26.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-39.2% per year) and the Philippines (0.0% per year).

In value terms, Papua New Guinea ($X) remains the key foreign market for sulphides of non-metals and commercial phosphorus trisulphide exports from Australia, comprising 68% of total exports. The second position in the ranking was held by New Zealand ($X), with a 9.8% share of total exports. It was followed by the Philippines, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Papua New Guinea stood at -24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-42.4% per year) and the Philippines (0.0% per year).

Export Prices by Country

In 2021, the average sulphides of non-metals export price amounted to $X per ton, with a decrease of -8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 104%. The export price peaked at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to New Zealand ($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 Papua New Guinea (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphides Of Non-Metals Imports

Imports into Australia

In 2021, sulphides of non-metals imports into Australia surged to X tons, rising by 22% against the previous year. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, sulphides of non-metals imports declined modestly to $X in 2021. In general, imports, however, saw a noticeable decline. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Indonesia (X tons) and Thailand (X tons) were the main suppliers of sulphides of non-metals imports to Australia, together accounting for 25% of total imports. These countries were followed by Japan, Germany, India, Singapore and the United States, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +12.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, India ($X) constituted the largest supplier of sulphides of non-metals and commercial phosphorus trisulphide to Australia, comprising 33% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Singapore, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.6% per year) and Singapore (+4.7% per year).

Import Prices by Country

The average sulphides of non-metals import price stood at $X per ton in 2021, with a decrease of -18.6% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sulphides of non-metals import price increased by +54.2% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 32% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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