The market is dominated by foreign suppliers, as imports account for 76.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 80.0% of total demand in 2022. Australia has the 12th largest market size for rubber products across the top 20 developed countries, with demand reaching USD4.6 billion in 2022. Fabtech SA Pty Ltd is the largest company in Australia, generating 24.7% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 84.5% of total production value in 2022. The total number of companies increases in 2022, to 207 units. The costs of the industry decrease by 2.5% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 18.7% of production value in 2022, the highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 17.6% of total production output. With production value of USD1.2 billion, Australia accounts for 85.1% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Rubber Products in Australia: ISIC 251. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Rubber Products in Australia: ISIC 251 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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