Australia and Oceania: Abs Copolymers Market 2024

Abs Copolymers Market Size in Australia and Oceania

In 2021, the ABS copolymers market in Australia and Oceania was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Abs Copolymers Production in Australia and Oceania

In value terms, ABS copolymers production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 30% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Abs Copolymers Exports

Exports in Australia and Oceania

In 2021, overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 66% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports saw a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of 378% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, ABS copolymers exports soared to $X in 2021. Overall, exports, however, showed a slight contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 218% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was approx. 95% of total exports in 2021. It was distantly followed by New Zealand (X tons), generating a 4.6% share of total exports.

Exports from Australia increased at an average annual rate of +7.3% from 2012 to 2021. At the same time, New Zealand (+23.2%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +23.2% from 2012-2021. New Zealand (+3.2 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -3.2% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest ABS copolymers supplier in Australia and Oceania, comprising 91% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 8.9% share of total exports.

In Australia, ABS copolymers exports contracted by an average annual rate of -2.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, rising by 24% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 33% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-1.4%).

Abs Copolymers Imports

Imports in Australia and Oceania

In 2021, supplies from abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 36% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, continue to indicate a slight decline. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ABS copolymers imports surged to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia represented the key importing country with an import of about X tons, which resulted at 85% of total imports. It was distantly followed by New Zealand (X tons), making up a 15% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms. New Zealand (-4.6%) illustrated a downward trend over the same period. While the share of Australia (+6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-5.9 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Australia and Oceania, comprising 83% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia was relatively modest.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by 54% against the previous year. In general, the import price saw slight growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+1.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :