Australia: Gummed Paper Market 2024

Gummed Paper Market Size in Australia

In 2023, after two years of growth, there was significant decline in the Australian gummed paper market, when its value decreased by X% to $X. In general, consumption, however, recorded a mild increase. Gummed paper consumption peaked at $X in 2022, and then fell rapidly in the following year.

Gummed Paper Exports

Exports from Australia

Gummed paper exports from Australia expanded rapidly to X tons in 2023, with an increase of X% on the previous year's figure. In general, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, gummed paper exports shrank markedly to $X in 2023. Over the period under review, exports, however, saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa (X tons) was the main destination for gummed paper exports from Australia, with a X% share of total exports. Moreover, gummed paper exports to South Africa exceeded the volume sent to the second major destination, Fiji (X tons), threefold. New Zealand (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to South Africa stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and New Zealand (X% per year).

In value terms, the largest markets for gummed paper exported from Australia were Fiji ($X), Peru ($X) and New Zealand ($X), together comprising X% of total exports. The UK, Papua New Guinea, the United States, South Africa and the Netherlands lagged somewhat behind, together comprising a further X%.

The UK, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average gummed paper export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2022 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gummed Paper Imports

Imports into Australia

In 2023, the amount of gummed paper and paperboard (excluding self-adhesives) imported into Australia contracted markedly to X tons, reducing by X% against 2022. Over the period under review, imports showed a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, gummed paper imports fell remarkably to $X in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then plummeted in the following year.

Imports by Country

The United States (X tons), Germany (X tons) and New Zealand (X tons) were the main suppliers of gummed paper imports to Australia, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and New Zealand ($X) appeared to be the largest gummed paper suppliers to Australia, together comprising X% of total imports. China, the UK, France, Spain and India lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average gummed paper import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a modest increase 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, gummed paper import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform