Carbonates; Strontium Carbonate Price in Australia - 2023
Contents:
- Carbonates; Strontium Carbonate Price in Australia (CIF) - 2022
- Carbonates; Strontium Carbonate Price in Australia (FOB) - 2022
- Carbonates; Strontium Carbonate Imports in Australia
- Carbonates; Strontium Carbonate Exports in Australia
Carbonates; Strontium Carbonate Price in Australia (CIF) - 2022
In 2022, the average carbonates; strontium carbonate import price amounted to $1,525 per ton, growing by 24% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; strontium carbonate import price increased by +69.6% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 37%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,736 per ton), while the price for Germany ($1,496 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Strontium Carbonate Price in Australia (FOB) - 2022
The average carbonates; strontium carbonate export price stood at $5,184 per ton in 2022, with a decrease of -5.2% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; strontium carbonate export price increased by +62.3% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 65% against the previous year. As a result, the export price reached the peak level of $5,466 per ton, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +2.2% per year.
Carbonates; Strontium Carbonate Imports in Australia
In 2022, the amount of carbonates; strontium carbonates imported into Australia declined modestly to 616 tons, shrinking by -2.2% compared with the previous year. In general, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 113% against the previous year. As a result, imports reached the peak of 630 tons, and then shrank in the following year.
In value terms, carbonates; strontium carbonate imports surged to $940K in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 193%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Carbonates; Strontium Carbonate in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 302 | 120 | 337 | 733 | 34.4% |
| Belgium | 12.6 | 38.8 | 118 | 144 | 125.2% |
| China | 89.8 | 58.8 | 97.6 | 62.5 | -11.4% |
| South Korea | 23.3 | 18.3 | 36.8 | N/A | 25.7% |
| Netherlands | 25.1 | 19.6 | 46.3 | N/A | 35.8% |
| Others | 15.1 | 10.1 | 141 | N/A | 205.6% |
| Total | 468 | 265 | 777 | 940 | 26.2% |
Top Suppliers of Carbonates; Strontium Carbonate to Australia in 2022:
- Germany (490.0 tons)
- Belgium (90.0 tons)
- China (36.0 tons)
Carbonates; Strontium Carbonate Exports in Australia
Carbonates; strontium carbonate exports from Australia reduced rapidly to 76 kg in 2022, dropping by -41.1% against the year before. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 416% against the previous year. As a result, the exports reached the peak of 129 kg, and then reduced notably in the following year.
In value terms, carbonates; strontium carbonate exports shrank significantly to $394 in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 751%. As a result, the exports attained the peak of $706, and then reduced notably in the following year.
| Export of Carbonates; Strontium Carbonate in Australia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 95.0 | 83.0 | 545 | 394 | 60.7% |
| Thailand | 4.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 161 | N/A | 0% |
| Total | 99.0 | 83.0 | 706 | 394 | 58.5% |
Top Export Markets for Carbonates; Strontium Carbonate from Australia in 2022:
- New Zealand (76.0 kg)
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