Australia's export prices declined 5.2 percent quarter-on-quarter in the three months to December 2019, following a 1.3 percent rise in the previous period and compared to market expectations of a 5.4 percent fall. Main contributors to the decline were: metalliferous ores & metal scrap (-9.1 percent); coal, coke & briquettes (-14.7 percent), and gas, natural & manufactured (-2.3 percent). In contrast, meat & meat preparations jumped 6.9 percent. Through the year to Q4, the export price index increased 4.1 percent.
Export Prices in Australia averaged 56.79 points from 1974 until 2019, 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. source: Australian Bureau of Statistics
Export Prices in Australia is expected to be 118.00 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 118.00 in 12 months time. In the long-term, the Australia Export Prices is projected to trend around 105.00 points in 2021, according to our econometric models.