Australia and Oceania: Alcohols Market 2021

Alcohols Market Size in Australia and Oceania

The alcohols market in Australia and Oceania rose slightly to $X in 2020, surging by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. The level of consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Alcohols Production in Australia and Oceania

In value terms, alcohols production declined to $X in 2020 estimated in export prices. Overall, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2016 to 2020, production growth failed to regain the momentum.

Production By Country in Australia and Oceania

The country with the largest volume of alcohols production was New Zealand (X tons), comprising approx. X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in New Zealand stood at -X%.

Alcohols Exports

Exports in Australia and Oceania

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons, falling for the fifth consecutive year after six years of growth. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. As a result, exports reached the peak of X tons. from 2016 to 2020, the growth exports remained at a lower figure.

In value terms, alcohols exports shrank remarkably to $X in 2020. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2016 to 2020, the growth exports remained at a lower figure.

Exports by Country

New Zealand dominates alcohols exports structure, amounting to X tons, which was approx. X% of total exports in 2020. Australia (X tons) followed a long way behind the leaders.

New Zealand was also the fastest-growing in terms of the alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exports, with a CAGR of -X% from 2007 to 2020. Australia (-X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In New Zealand, alcohols exports contracted by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

The alcohols export price in Australia and Oceania stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2008 when the export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

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

Alcohols Imports

Imports in Australia and Oceania

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. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, alcohols imports totaled $X in 2020. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Australia represented the key importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by New Zealand (X tons), achieving a X% share of total imports.

Imports into Australia decreased at an average annual rate of -X% from 2007 to 2020. New Zealand experienced a relatively flat trend pattern. 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 ($X) constitutes the largest market for imported alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

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

Import Prices by Country

The alcohols import price in Australia and Oceania stood at $X per ton in 2020, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. The level of import peaked at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a 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 amounted to $X per ton.

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

Source: IndexBox Platform

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