Australia's export prices surged by 18% on quarter in Q1 2022, accelerating sharply from a 3.5% gain in Q4 2021. This was the sixth straight quarter of rises, and the fastest pace since the series began in 1975, amid a lift in COVID-19 restrictions and surging commodity prices. Main contributors to the rise were: coal, coke, and briquettes (32.0%), driven by surging global demand for thermal and coking coals; petroleum, petroleum products (27.5%), led by global oil demand outpacing growth in global supply; metalliferrous and metal scrap (25.5%), driven by the increase in demand for iron ore from China; gas, natural and manufactured (13.0%), due to the rise in oil-linked contracts capturing the continued oil price rises in late 2021; and gold, non-monetary (4.8%), through increased demand for the safe-haven commodity due to growing global inflationary pressures and uncertainty over the Russia-Ukraine conflict. Through the year to Q1, export prices soared 46.7% after rising 38.3% in Q4. 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 June of 2022.

Export Prices in Australia is expected to be 154.00 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 128.00 points in 2023 and 108.00 points in 2024, according to our econometric models.

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Australia Export Prices



Calendar GMT Actual Previous Consensus TEForecast
2022-01-27 12:30 AM Q4 3.5% 6.2% 5%
2022-04-28 01:30 AM Q1 18% 3.5% 2.1%


Related Last Previous Unit Reference
Inflation Rate 5.10 3.50 percent Mar 2022
Inflation Rate Mom 2.10 1.30 percent Mar 2022
Consumer Price Index CPI 123.90 121.30 points Mar 2022
Core Inflation Rate 3.70 2.60 percent Mar 2022
Core Consumer Prices 122.75 121.10 points Mar 2022
GDP Deflator 110.20 107.23 points Mar 2022
Producer Prices 118.30 116.40 points Mar 2022
Producer Prices Change 4.90 3.70 percent Mar 2022
Export Prices 178.00 150.90 points Mar 2022
Import Prices 126.60 120.50 points Mar 2022
Food Inflation 4.30 1.90 percent Mar 2022
CPI Transportation 121.50 116.60 points Mar 2022
CPI Housing Utilities 129.00 125.60 points Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
178.00 150.90 178.00 16.30 1974 - 2022 points Quarterly
2011-2012=100, NSA

News Stream
Australia Q1 Export Prices Rise at Record Pace
Australia's export prices surged by 18% on quarter in Q1 2022, accelerating sharply from a 3.5% gain in Q4 2021. This was the sixth straight quarter of rises, and the fastest pace since the series began in 1975, amid a lift in COVID-19 restrictions and surging commodity prices. Main contributors to the rise were: coal, coke, and briquettes (32.0%), driven by surging global demand for thermal and coking coals; petroleum, petroleum products (27.5%), led by global oil demand outpacing growth in global supply; metalliferrous and metal scrap (25.5%), driven by the increase in demand for iron ore from China; gas, natural and manufactured (13.0%), due to the rise in oil-linked contracts capturing the continued oil price rises in late 2021; and gold, non-monetary (4.8%), through increased demand for the safe-haven commodity due to growing global inflationary pressures and uncertainty over the Russia-Ukraine conflict. Through the year to Q1, export prices soared 46.7% after rising 38.3% in Q4.
2022-04-28
Australia Export Prices Rise the Least in 7 Quarters
Australia's export prices rose by 3.5% on quarter in Q4 2021, easing from a 6.2% gain in Q3. This was the fifth straight quarter of rises, but the softest pace since Q1 2020, amid ongoing COVID-19 disruptions. Main contributors to the rise were: coal, coke, and briquettes (51.9%), driven by surging global demand for thermal and coking coals; gas, natural (36.1%), due to the rise in oil-linked contracts capturing the continued oil price rises in 2021; non-ferrous metals (9.5%), through increased manufacturing demand as pandemic restrictions ease and economic activity increases; meat and meat preparations (4.5%), due to strong demand for beef and constrained global supply, and petroleum, petroleum products (8.7%), led by global oil demand outpacing growth in global supply. Meanwhile, the main offsetting contributor was metalliferous ores and metal scrap (-29.4%), on the fall in demand for iron ore from China. Through the year to Q4, export prices gained 38.3% after jumping 41% in Q3.
2022-01-27
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