1301.0 - Year Book Australia, 2012
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 24/05/2012
Page tools:
 Print Page
| |||
|
Statistics contained in the Year Book are the most recent available at the time of preparation. In many cases, the ABS website and the websites of other organisations provide access to more recent data. Each Year Book table or graph and the bibliography at the end of each chapter provides hyperlinks to the most up to date data release where available.
Document Selection These documents will be presented in a new window.
|
||
PRODUCTION AND TRADE – MINERALS, OIL AND GAS
PRODUCTION OF MINERAL, OIL AND GAS COMMODITIES
Tables 18.15 and 18.16 show the quantity and value respectively of selected minerals, oil and gas produced in Australia.
In the period 2004–05 to 2008–09, the most significant increases in production were for liquefied natural gas (58%) and iron ore and concentrate (38%). Manganese ore (20%), bauxite (14%), natural gas (12%), saleable black coal (12%), condensate (11%), zinc (6%) and zircon (3%) also increased in production.
Production of diamonds, leucoxene, gold, silver, lead, ilmenite, salt, uranium, crude oil and copper decreased between 2004–05 and 2008–09, with the largest falls recorded for diamonds (34%), leucoxene (30%), gold (16%) and silver (15%).
2004–05 to 2008–09
The largest increases in percentage terms in the value of minerals production in the period 2004–05 to 2008–09 were for iron ore and concentrate (311%), manganese ore (293%), saleable black coal (247%), liquefied natural gas (174%), uranium oxide (118%) and salt (86%). Decreases were recorded for the value of nickel (11%) and leucoxene (14%).
2004–05 to 2008–09
As few minerals can be directly used in the form in which they are mined, most undergo processing and treatment before use.
Table 18.17 shows the production of the main manufactured products of mineral origin.
(a) Excludes refinery fuel.
EXPORTS OF MINERAL, OIL AND GAS COMMODITIES
Tables 18.18 and 18.19 show the quantity and value respectively of the main mineral, oil and gas commodities exported from Australia. In 2009–10, black coal (including metallurgical and thermal) was the largest export earner ($36 billion), followed by iron ore and pellets ($35b), refined gold ($13b), crude oil and other refinery feedstock ($10b), liquid natural gas (LNG) ($8b), copper ($7b), alumina ($5b) and aluminium ($4b).
Graph 18.20 shows the value of Australia's four largest mineral exports during the period 2001–02 to 2009–10. The value of exports of black coal, iron ore and pellets, crude oil and other refinery feedstock and refined gold have all grown over this period, with iron ore and pellets recording the largest increase (569%), followed by black coal (173%) and refined gold (163%). Crude oil and other refinery feedstock increased 49% for the same period. The increases in the value of black coal exports in 2004–05 and 2005–06 were due to an increase in unit values of metallurgical and thermal coal.
The value of coal exports in 2008–09 was more than double that of the previous year (an increase of 124%), mainly due to higher commodity prices. However, in 2009–10, despite a 26% increase in volume of metallurgical coal exports, the value of total coal exports declined by 33%, due to lower unit values. In 2008–09, the value of iron ore exports increased 68% due to increased production and higher prices. The following year, increased volume of iron ore and pellets exported just off-set the fall in prices to see total value of exports rise marginally.
The major markets for Australian mineral, oil and gas exports for the period 1994–95 to 2009–10 were China (excludes SARs and Taiwan), Japan, India and Korea, Republic of (South) (graph 18.21).
Up until 2008–09, Japan had been the main destination for Australian minerals. However, for the first time, 2009–10 saw the value of exports of minerals to China ($37.7b) exceed those to Japan ($31.2b). China is a major export destination for iron ore, zinc ores concentrates, coal and copper.
Japan continues to be a major destination for aluminium, coal and iron ore and other refinery feedstock. Korea, Republic of (South) is a major buyer of Australian iron ore, lead ores and concentrates, refined lead metal and crude oil and other refinery feedstock. India imports large quantities of Australian coal, gold bullion and copper concentrates.
IMPORTS OF MINERALS, OIL AND GAS COMMODITIES
Table 18.22 provides details of the quantity and value of the major commodities imported in the period 2006–07 to 2009–10. In terms of value, the largest imports for 2009–10 were for crude oil and other refinery feedstock ($15b), followed by gold ($8b). The major sources of imports of crude oil and other refinery feedstock in 2009–10 were Malaysia, Indonesia, Vietnam and the United Arab Emirates, which collectively represented 63% of the total import quantity for this commodity.
Source: Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), Australian Mineral Statistics, March Quarter 2011.
Graph 18.23 shows imports of selected major minerals, oil and gas during the period 2001–02 to 2009–10. Crude oil and other refinery feedstock continues as Australia's highest value imported mineral commodity. Gold still ranks second despite a 31% fall in imports in 2009–10. Imports of diesel fuel, automotive gasoline, and iron ore and steel showed little fluctuation over the last two years.
Previous Page | Next Page