Calcareous Building Stone Market in Australia
Market Overview
After two years of growth, the Australian calcareous building stone market decreased by -
% to $ in . Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
In value terms, calcareous building stone production shrank to $ in estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production failed to regain momentum.
% to $ in . Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.In value terms, calcareous building stone production shrank to $
in estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production failed to regain momentum.Consumption
Calcareous building stone consumption in Australia dropped modestly to tons in , waning by -% on the previous year. In general, consumption continues to indicate a mild decline. Calcareous building stone consumption peaked at tons in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.
The revenue of the calcareous building stone market in Australia dropped slightly to $ in , approximately equating 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). Over the period under review, consumption, however, showed a relatively flat trend pattern. Calcareous building stone consumption peaked at $ in 2008; however, from 2009 to , consumption remained at a lower figure.
tons in , waning by -% on the previous year. In general, consumption continues to indicate a mild decline. Calcareous building stone consumption peaked at tons in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.The revenue of the calcareous building stone market in Australia dropped slightly to $
in , approximately equating 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). Over the period under review, consumption, however, showed a relatively flat trend pattern. Calcareous building stone consumption peaked at $ in 2008; however, from 2009 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for calcareous building stone in Australia, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract 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 depress the market volume to tons by the end of .In value terms, the market is forecast to contract 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 calcareous building stone 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 calcareous building stone.
Trade Balance
Australia remains a net importer of calcareous building stone; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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