Australia and Oceania: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Australia and Oceania

In 2021, after two years of decline, there was significant growth in the acid and mordant dye market in Australia and Oceania, when its value increased by 53% to $X. In general, consumption, however, showed a mild setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Australia and Oceania

In value terms, acid and mordant dye production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 61% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank modestly in the following year.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports in Australia and Oceania

In 2021, after two years of decline, there was significant growth in overseas shipments of acid and mordant dyes and preparations based thereon, when their volume increased by 58% to X tons. Overall, exports posted a slight expansion. The pace of growth appeared the most rapid in 2013 with an increase of 199% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, acid and mordant dye exports soared to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +48.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 46% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the major exporter of acid and mordant dyes and preparations based thereon in Australia and Oceania, with the volume of exports amounting to X tons, which was approx. 90% of total exports in 2021. It was distantly followed by New Zealand (X tons), making up a 10% share of total exports.

Australia was also the fastest-growing in terms of the acid and mordant dyes and preparations based thereon exports, with a CAGR of +2.7% from 2012 to 2021. New Zealand (-3.9%) illustrated a downward trend over the same period. Australia (+7.2 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -6.9% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest acid and mordant dye supplier in Australia and Oceania, comprising 93% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 6.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to +8.5%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, shrinking by -16.8% against the previous year. In general, the export price, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2020 an increase of 149% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, among the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+5.7%).

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports in Australia and Oceania

In 2021, after four years of decline, there was significant growth in supplies from abroad of acid and mordant dyes and preparations based thereon, when their volume increased by 50% to X tons. In general, imports, however, recorded a noticeable contraction. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, acid and mordant dye imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Australia was the main importing country with an import of around X tons, which recorded 61% of total imports. New Zealand (X tons) took a 32% share (based on physical terms) of total imports, which put it in second place, followed by Papua New Guinea (6.4%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Papua New Guinea (with a CAGR of +23.3%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Australia ($X), New Zealand ($X) and Papua New Guinea ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 99% of total imports.

Papua New Guinea, with a CAGR of +15.3%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by 3.6% against the previous year. Import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acid and mordant dye import price decreased by -8.3% against 2019 indices. The growth pace was the most rapid in 2018 when the import price increased by 37% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, among the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+6.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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