Australia: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Australia

The Australian market for siliceous fossil meals (kieselguhr, tripolite and diatomite) shrank to $X in 2023, which is down by X% against the previous year. In general, consumption recorded a perceptible contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Australia

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) dropped to $X in 2023 estimated in export price. Over the period under review, production recorded a mild downturn. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Production of peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports from Australia

In 2023, the amount of siliceous fossil meals (kieselguhr, tripolite and diatomite) exported from Australia soared to X tons, jumping by X% on the previous year. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) skyrocketed to $X in 2023. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Mozambique (X tons), Portugal (X tons) and China (X tons) were the main destinations of exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from Australia, together comprising X% of total exports. Indonesia, India, Brazil, South Korea, Malaysia and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

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

In value terms, Mozambique ($X), Portugal ($X) and China ($X) appeared to be the largest markets for siliceous fossil meal (kieselguhr, tripolite and diatomite) exported from Australia worldwide, together accounting for X% of total exports. Indonesia, South Korea, India, Malaysia, Hong Kong SAR and Brazil lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 export price for siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Brazil ($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 Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports into Australia

Imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) into Australia fell sharply to X tons in 2023, waning by X% against 2022. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) shrank sharply to $X in 2023. Over the period under review, imports recorded a perceptible downturn. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

The United States (X tons), China (X tons) and Denmark (X tons) were the main suppliers of imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Australia, together comprising X% of total imports. India and Mexico lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Australia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Denmark (X% per year).

Import Prices by Country

The average import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X per ton in 2023, surging by X% against the previous year. Overall, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2022 an increase of X%. The import price peaked in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform