Australia and Oceania: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Australia and Oceania

In 2023, the calcium carbonate market in Australia and Oceania decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The total consumption indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2022, and then dropped in the following year.

Calcium Carbonate Production in Australia and Oceania

In value terms, calcium carbonate production dropped to $X in 2023 estimated in export price. The total production indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2022, and then reduced in the following year.

Calcium Carbonate Exports

Exports in Australia and Oceania

In 2023, after three years of growth, there was significant decline in overseas shipments of calcium carbonate, when their volume decreased by X% to X tons. In general, exports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, calcium carbonate exports reached $X in 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

The shipments of the two major exporters of calcium carbonate, namely Australia and New Zealand, represented more than two-thirds of total export.

From 2012 to 2023, the biggest increases were recorded for New Zealand (with a CAGR of X%).

In value terms, Australia ($X) remains the largest calcium carbonate supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, calcium carbonate exports remained relatively stable over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. Export price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, calcium carbonate export price increased by X% against 2021 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Calcium Carbonate Imports

Imports in Australia and Oceania

In 2023, calcium carbonate imports in Australia and Oceania reduced to X tons, with a decrease of X% against the previous year. Total imports indicated a notable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, calcium carbonate imports declined notably to $X in 2023. In general, imports, however, continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2023, Australia (X tons) was the key importer of calcium carbonate, making up X% of total imports. New Zealand (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Fiji (X%) and New Caledonia (X%). The following importers - Papua New Guinea (X tons) and Micronesia (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to calcium carbonate imports into Australia stood at X%. At the same time, Micronesia (X%), Fiji (X%), New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Micronesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, Papua New Guinea (X%) illustrated a downward trend over the same period. Australia (X p.p.) and Fiji (X p.p.) significantly strengthened its position in terms of the total imports, while New Zealand and Papua New Guinea saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X), New Zealand ($X) and Fiji ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. New Caledonia, Papua New Guinea and Micronesia lagged somewhat behind, together comprising a further X%.

Micronesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform