Australia: Alcohols Market 2021

Alcohols Market Size in Australia

The Australian alcohols market expanded notably to $X in 2020, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2011 to 2020, the growth of the market failed to regain the momentum.

Alcohols Exports

Exports from Australia

In 2020, after three years of growth, there was significant decline in shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, when their volume decreased by -X% to X tons. Over the period under review, exports recorded a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, alcohols exports fell remarkably to $X in 2020. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Timor-Leste (X tons) was the main destination for alcohols exports from Australia, with a X% share of total exports. Moreover, alcohols exports to Timor-Leste exceeded the volume sent to the second major destination, New Zealand (X tons), fivefold. The third position in this ranking was occupied by Malaysia (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Timor-Leste amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-X% per year) and Malaysia (+X% per year).

In value terms, Timor-Leste ($X) emerged as the key foreign market for alcohols exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Timor-Leste totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-X% per year) and Papua New Guinea (-X% per year).

Export Prices by Country

The average alcohols export price stood at $X per ton in 2020, with an increase of X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Egypt ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced mixed trend patterns.

Alcohols Imports

Imports into Australia

In 2020, purchases abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. from 2017 to 2020, the growth imports failed to regain the momentum.

In value terms, alcohols imports expanded to $X in 2020. Over the period under review, imports showed a mild setback. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. from 2011 to 2020, the growth imports remained at a lower figure.

Imports by Country

Thailand (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of alcohols imports to Australia, with a combined X% share of total imports. These countries were followed by the U.S., Singapore, Indonesia and Mexico, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alcohols suppliers to Australia were Thailand ($X), China ($X) and the U.S. ($X), together comprising X% of total imports. These countries were followed by Malaysia, Mexico, Singapore and Indonesia, which together accounted for a further X the main suppliers, Mexico saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average alcohols import price amounted to $X per ton, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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