We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Australia - Ethyl Alcohol - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Australia - Ethyl Alcohol - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Jan 12, 2024

Sharp Decrease in Australia's Ethanol Exports to $5M in October 2023

Australia Ethanol Exports

In October 2023, overseas shipments of ethyl alcohol decreased by -51.3% to 4.5M litres for the first time since July 2023, thus ending a two-month rising trend. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in June 2023 when exports increased by 43% m-o-m. The exports peaked at 10M litres in December 2022; however, from January 2023 to October 2023, the exports failed to regain momentum.

In value terms, ethanol exports fell notably to $5M (IndexBox estimates) in October 2023. Over the period under review, exports showed a noticeable contraction. The pace of growth was the most pronounced in June 2023 when exports increased by 44% against the previous month. The exports peaked at 11M litres in December 2022; however, from January 2023 to October 2023, the exports failed to regain momentum.Australia Ethanol Exports By Country (Million USD)

COUNTRYExport Value of Ethanol in Australia (million USD)
Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023
Taiwan (Chinese)1.51.81.41.40.31.20.60.50.50.90.50.71.0
United States0.1N/A0.50.2N/A0.30.60.60.20.5N/A0.41.0
Japan0.70.40.60.50.71.71.01.00.80.50.60.90.7
New Zealand0.30.7< 0.10.40.20.30.50.10.20.20.20.20.7
Thailand0.8N/A0.50.30.3< 0.10.20.30.80.61.10.60.6
Malaysia0.20.20.40.50.20.30.2N/A0.30.20.40.30.3
Philippines5.06.97.34.14.54.62.52.7N/A3.05.86.7< 0.1
Others0.10.40.30.40.71.10.80.65.60.50.40.40.5
Total8.710.411.07.76.99.56.55.98.56.49.110.15.0

Exports by Country

The United States (915K litres), Taiwan (Chinese) (910K litres) and New Zealand (669K litres) were the main destinations of ethanol exports from Australia, with a combined 56% share of total exports.

From October 2022 to October 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +19.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($1M), Taiwan (Chinese) ($1M) and New Zealand ($739K) appeared to be the largest markets for ethanol exported from Australia worldwide, with a combined 56% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +19.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % (3.6M litres) was the largest type of ethanol exported from Australia, with a 80% share of total exports. Moreover, undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % exceeded the volume of the second product type, denatured ethyl alcohol and other denatured spirits (871K litres), fourfold.

From October 2022 to October 2023, the average monthly growth rate of the volume of export of undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % stood at -6.1%.

In value terms, undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % ($4M) remains the largest type of ethanol exported from Australia, comprising 80% of total exports. The second position in the ranking was held by denatured ethyl alcohol and other denatured spirits ($998K), with a 20% share of total exports.

From October 2022 to October 2023, the average monthly growth rate of the export volume of undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % amounted to -5.7%.

Export Prices by Country

In October 2023, the ethanol price stood at $1.1 per litre (FOB, Australia), almost unchanged from the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average export price increased by 4.3% m-o-m. Over the period under review, the average export prices reached the maximum in October 2023.

Average prices varied noticeably for the major external markets. In October 2023, the countries with the highest prices were Malaysia ($1.1 per litre) and Thailand ($1.1 per litre), while the average price for exports to Japan ($1.1 per litre) and the Philippines ($1.1 per litre) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethanol market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20147400 - Undenatured ethyl alcohol of an alcoholic strength by volume. .80 % (important: excluding alcohol duty)
  • Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Ethyl Alcohol - Australia
Table
Ethyl Alcohol - Australia - Table
Dashboard
Ethyl Alcohol - Australia - Dashboard
Report
Ethyl Alcohol - Australia - Report