Australia and Oceania: Acyclic Hydrocarbons Market 2022

Acyclic Hydrocarbons Market Size in Australia and Oceania

In 2020, the acyclic hydrocarbons market in Australia and Oceania decreased by -X% to $X, falling for the second consecutive year after two years of growth. The total consumption indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Acyclic Hydrocarbons Production in Australia and Oceania

In value terms, acyclic hydrocarbons production declined remarkably to $X in 2020 estimated in export prices. The total production indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in Australia and Oceania

Australia (X tons) constituted the country with the largest volume of acyclic hydrocarbons production, comprising approx. X% of total volume. Moreover, acyclic hydrocarbons production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea (X tons), fivefold.

From 2007 to 2020, the average annual growth rate of volume in Australia amounted to +X%. In the other countries, the average annual rates were as follows: Papua New Guinea (+X% per year) and New Zealand (+X% per year).

Acyclic Hydrocarbons Exports

Exports in Australia and Oceania

After four years of growth, shipments abroad of acyclic hydrocarbons decreased by -X% to X tons in 2020. In general, exports saw a slight setback. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. The volume of export peaked at X tons in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, acyclic hydrocarbons exports shrank sharply to $X in 2020. Over the period under review, exports recorded a pronounced increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Papua New Guinea (X tons) represented the key exporter of acyclic hydrocarbons, comprising X% of total exports. It was distantly followed by New Zealand (X tons), mixing up a X% share of total exports. Australia (X tons) followed a long way behind the leaders.

Papua New Guinea was also the fastest-growing in terms of the acyclic hydrocarbons exports, with a CAGR of +X% from 2007 to 2020. New Zealand (-X%) and Australia (-X%) illustrated a downward trend over the same period. While the share of Papua New Guinea (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Australia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Papua New Guinea ($X) emerged as the largest acyclic hydrocarbons supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports.

In Papua New Guinea, acyclic hydrocarbons exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+X% per year) and Australia (-X% per year).

Export Prices by Country

In 2020, the acyclic hydrocarbons export price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price recorded a strong expansion. The growth pace was the most rapid in 2010 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced mixed trends in the export price figures.

Acyclic Hydrocarbons Imports

Imports in Australia and Oceania

In 2020, acyclic hydrocarbons imports in Australia and Oceania declined remarkably to X tons, with a decrease of -X% on the previous year. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. The volume of import peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, acyclic hydrocarbons imports reduced to $X in 2020. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Australia (X tons) was the key importer of acyclic hydrocarbons, constituting X% of total imports. It was distantly followed by New Zealand (X tons), making up a X% share of total imports.

Imports into Australia decreased at an average annual rate of -X% from 2007 to 2020. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of New Zealand increased by +X% percentage points, while Australia (-X p.p.) saw their share reduced.

In value terms, Australia ($X) constitutes the largest market for imported acyclic hydrocarbons in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value in Australia totaled -X%.

Import Prices by Country

The acyclic hydrocarbons import price in Australia and Oceania stood at $X per ton in 2020, picking up by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2013 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :