Australia's export prices increased by 6.2% on quarter in Q3 2021, slowing from a 13.2% gain in Q2. This was the fourth straight quarter of rises but the softest pace since Q4 2020, amid resurgence COVID-19 infections in some countries. Main contributors to the rise were: coal, coke, and briquettes (48.1%), driven by surging global demand for thermal and coking coals; gas, natural and manufactured (39.5%), due to the rise in oil-linked contracts capturing the continued oil price rises in 2021;non-ferrous metals (17.1%), through increased manufacturing demand as pandemic restrictions ease and economic activity increases; meat and meat preparations (10.3%), due to strong demand for beef and constrained global supply, and petroleum, petroleum products and related materials (12.0%), driven by global oil demand and constrained global supply. Meanwhile, the main offsetting contributor was metalliferous ores and metal scrap (12.8%), driven by the fall in demand for iron ore from China. source: Australian Bureau of Statistics

Export Prices in Australia averaged 58.66 points from 1974 until 2021, reaching an all time high of 137.30 points in the second quarter of 2021 and a record low of 16.30 points in the third quarter of 1974. This page provides the latest reported value for - Australia Export Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Export Prices - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Export Prices in Australia is expected to be 140.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Export Prices is projected to trend around 108.00 points in 2022, according to our econometric models.

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Australia Export Prices


Calendar GMT Actual Previous Consensus TEForecast
2021-07-29 01:30 AM Q2 13.2% 11.2% 7.4%
2021-10-28 12:30 AM Q3 6.2% 13.2% 10%


Related Last Previous Unit Reference
Inflation Rate 3.00 3.80 percent Sep/21
Inflation Rate Mom 0.80 0.80 percent Sep/21
Consumer Price Index CPI 119.70 118.80 points Sep/21
Core Inflation Rate 2.10 1.60 percent Sep/21
Core Consumer Prices 119.76 118.92 points Sep/21
GDP Deflator 107.70 105.10 points Jun/21
Producer Prices 113.60 112.80 points Jun/21
Producer Prices Change 2.20 0.20 percent Jun/21
Export Prices 145.80 137.30 points Sep/21
Import Prices 113.90 108.10 points Sep/21
Food Inflation 1.30 0.70 percent Sep/21
CPI Transportation 113.40 109.90 points Sep/21
CPI Housing Utilities 123.40 121.30 points Sep/21

News Stream
Australia Q3 Export Prices Grow the Least in 3 Quarters
Australia's export prices increased by 6.2% on quarter in Q3 2021, the least in three quarters, after a 13.2% gain in Q2. Still, this was the fourth straight quarter of rises, amid rising cases of the Delta strain across the country and surging energy cost. Main contributors to the rise were: coal, coke, and briquettes (48.1%), driven by surging global demand for thermal and coking coals; gas, natural and manufactured (39.5%), due to the rise in oil-linked contracts capturing the continued oil price rises in 2021; non-ferrous metals (17.1%), on increased manufacturing demand as pandemic restrictions ease and economic activity increases; meat and meat preparations (10.3%), due to strong demand for beef and constrained global supply, and petroleum, petroleum products (12.0%), driven by global oil demand and constrained global supply. Meanwhile, the main offsetting contributor was metalliferous ores and metal scrap (12.8%), driven by the fall in demand for iron ore from China.
2021-10-28
Australia Q2 Export Prices Rise the Most in 5 Years
Australia's export prices jumped by 13.2 percent on quarter in Q2 2021, after an 11.2 percent gain in Q4. This was the third straight quarter of rises and the steepest pace since Q4 2016, as a recovery from the COVID-19 hit accelerated. Main contributors to the rise were: metalliferous ores and metal scrap (18.5%), driven by the demand for iron ore from China and constrained global supply; coal, coke, and briquettes (15.6%), amid the demand for thermal coal for household power production in Asia; gas, natural and manufactured (14.6%), due to the oil-linked contracts capturing the continued rise in oil prices in early 2021; petroleum, petroleum products and related materials (12%), led by stronger oil demand and reduced global supply; and meat and meat preparations (10.1%), due to constrained global meat supply driving price rises across both beef and lamb.
2021-07-29
Australia Q1 Export Prices Rise the Most in Over 4 Years
Australia's export prices jumped by 11.2 percent on quarter in Q1 2021, after a 5.5 percent gain in Q4. This was the second straight quarter of rises and the steepest pace since Q4 2016, as a recovery from the COVID-19 hit accelerated. Main contributors were: metalliferous ores and metal scrap (18.2%), driven by the demand for iron ore from China and constrained global supply; gas, natural, and manufactured (20.2%), due to the oil-linked contracts capturing the recovery in oil prices; petroleum (37.3%), driven by stronger oil demand and reduced global supply; and coal, coke, and briquettes (5.8%), reflecting the demand for thermal coal during the northern hemisphere winter. Offsetting contributors were gold, non-monetary (-9.7%); fish, molluscs (-26.8%), driven from lower demand for lobsters from China; and cereals and cereal preparations (-3.2%), driven from a record Australian harvest placing downward pressure on prices. Through the year to Q1, export prices surged 8.6%.
2021-04-29

Australia Export Prices
In Australia, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates.