Australia's export prices declined by 2.4 percent quarter-on-quarter in the three months to June 2020, following a 2.7 percent rise in the previous period. Main contributors to the decrease were: petroleum, petroleum products and related materials (-46.6 percent); coal, coke and briquettes (-6.8 percent); gas, natural and manufactured (-7.2 percent); and non-ferrous metals (-7.9 percent). Offsetting rises were metalliferous ores and metal scrap (2.9 percent); gold, non-monetary (8.4 percent); and cereals and cereal preparations (4.8 percent). Through the year to Q2, the export price index fell 3.8 percent.
Export Prices in Australia averaged 57.09 points from 1974 until 2020, reaching an all time high of 114.80 points in the third quarter of 2019 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 August of 2020. source: Australian Bureau of Statistics
Export Prices in Australia is expected to be 110.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Export Prices in Australia to stand at 113.00 in 12 months time. In the long-term, the Australia Export Prices is projected to trend around 111.00 points in 2021 and 108.00 points in 2022, according to our econometric models.