Australia's export prices rose by 2.7 percent quarter-on-quarter in the three months to March 2020, following a 5.2 percent fall in the previous period. Main contributors to the rise were: gold, non-monetary (excluding gold ores and concentrates (11.4 percent), metalliferous ores and metal scrap (2.3 percent), gas, natural and manufactured (4.3 percent); and meat and meat preparations (4 percent). Offsetting falls were petroleum, petroleum products and related materials (-7.8 percent); and non-ferrous metals (-2.8 percent). Through the year to Q1, the export price index increased 2.3 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 July of 2020. source: Australian Bureau of Statistics
Export Prices in Australia is expected to be 108.00 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.