Australia and Oceania: Vulcanised Rubber Thread Market 2024

Vulcanised Rubber Thread Market Size in Australia and Oceania

The vulcanised rubber thread market in Australia and Oceania rose remarkably to $X in 2022, picking up by X% against the previous year. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Vulcanised Rubber Thread Production in Australia and Oceania

In value terms, vulcanised rubber thread production rose notably to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Vulcanised Rubber Thread Exports

Exports in Australia and Oceania

After two years of growth, shipments abroad of vulcanised rubber thread and cord decreased by X% to X tons in 2022. In general, exports faced a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, vulcanised rubber thread exports contracted rapidly to $X in 2022. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Australia (X tons) was the largest exporter of vulcanised rubber thread and cord, constituting X% of total exports. It was distantly followed by New Zealand (X tons), constituting a X% share of total exports.

Australia was also the fastest-growing in terms of the vulcanised rubber thread and cord exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, increasing by X% against the previous year. In general, the export price recorded a resilient expansion. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Vulcanised Rubber Thread Imports

Imports in Australia and Oceania

In 2022, after three years of growth, there was significant decline in purchases abroad of vulcanised rubber thread and cord, when their volume decreased by X% to X tons. Total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped in the following year.

In value terms, vulcanised rubber thread imports reduced slightly to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2022, Australia (X tons) was the major importer of vulcanised rubber thread and cord, achieving X% of total imports. Papua New Guinea (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by New Zealand (X%) and Fiji (X%).

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%), Papua New Guinea (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. Fiji (X p.p.) and Papua New Guinea (X p.p.) significantly strengthened its position in terms of the total imports, while Australia and New Zealand saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported vulcanised rubber thread and cord in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

In Australia, vulcanised rubber thread imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and New Zealand (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Fiji ($X per ton) and Australia ($X per ton), while Papua New Guinea ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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