Dolomite Market in Australia
Market Overview
The Australian dolomite market was estimated at $
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a pronounced increase. Dolomite consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.
In value terms, dolomite production rose to $ in estimated in export price. Over the period under review, production continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by % against the previous year. Over the period under review, production attained the peak level at $ in 2019; however, from to , production failed to regain momentum.
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a pronounced increase. Dolomite consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.In value terms, dolomite production rose to $
in estimated in export price. Over the period under review, production continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by % against the previous year. Over the period under review, production attained the peak level at $ in 2019; however, from to , production failed to regain momentum.Consumption
Dolomite consumption in Australia stood at tons in , almost unchanged from the previous year's figure. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at tons in 2019; however, from to , consumption stood at a somewhat lower figure.
The value of the dolomite market in Australia expanded modestly to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate noticeable growth. Over the period under review, the market attained the maximum level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.
tons in , almost unchanged from the previous year's figure. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at tons in 2019; however, from to , consumption stood at a somewhat lower figure.The value of the dolomite market in Australia expanded modestly to $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate noticeable growth. Over the period under review, the market attained the maximum level at $ in 2019; however, from to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for chalk and dolomite in Australia, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of dolomite in Australia were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for dolomite.
Trade Balance
Australia remains a net exporter of dolomite; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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