Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia - 2022

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia (FOB) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia (CIF) - 2022
3. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia
4. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.4 per unit, with an increase of 83% against the previous year. In general, the export price, however, showed a noticeable decline. The export price peaked at $0.6 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($0.7 per unit), while the average price for exports to China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-9.8%), while the prices for the other major destinations experienced a decline.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.9 per unit in 2022, surging by 5.5% against the previous year. In general, the import price saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 55% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2.6 per unit), while the price for Taiwan (Chinese) ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+47.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia

Exports of millstones, grindstones, grinding wheels and the like; of natural stones from Australia contracted slightly to 861K units in 2022, falling by -4.7% compared with 2021 figures. Overall, exports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 109%. The exports peaked at 984K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones surged to $357K in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones attained the maximum at $455K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Australia in 2022:

1. United States (469.4K units)
2. New Zealand (165.6K units)
3. China (107.6K units)
4. Norway (37.5K units)
5. Papua New Guinea (31.2K units)
6. Thailand (24.7K units)
7. Canada (20.9K units)
8. Indonesia (2.6K units)

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Australia

In 2022, the amount of millstones, grindstones, grinding wheels and the like; of natural stones imported into Australia soared to 116K units, picking up by 32% against 2021 figures. Overall, imports, however, saw a abrupt slump. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones attained the peak figure at 166K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones surged to $103K in 2022. In general, imports, however, recorded a perceptible descent. Imports peaked at $132K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Australia in 2022:

1. Taiwan (Chinese) (54.7K units)
2. Sweden (20.6K units)
3. United States (16.7K units)
4. China (14.3K units)
5. New Zealand (5.4K units)
6. Germany (1.8K units)
7. Bulgaria (1.0K units)

Source: IndexBox Market Intelligence Platform