Australia's import of toilet paper has shown notable fluctuations and growth over the past decade. In 2023, the import value stood at USD 87.095 million. The year-on-year variation for 2023 was 2.46%, indicating a modest increase. Over the last two years, the imports grew consistently, underscoring a trend of increasing demand.
From a longer-term perspective, the 5-year CAGR until 2023 was 2.2%, suggesting a steady growth trajectory. However, annual variations have shown significant swings, driven by factors such as economic conditions, domestic production, and consumer demand.
Looking ahead, the forecasted data suggests a continued upward trend in imports, with a forecasted 5-year CAGR of 1.86%, culminating in an estimated value of USD 98.132 million by 2028. This represents a forecasted overall growth rate of 9.63% over the next five years.
Future trends to watch for include potential shifts in international trade policies, advancements in local production capabilities, and changing consumer preferences towards eco-friendly products. Monitoring these factors will be crucial for anticipating future market dynamics.