Australia and Oceania: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Australia and Oceania

After two years of decline, the amine-function compounds market in Australia and Oceania increased by 13% to $X in 2021. Over the period under review, consumption, however, saw a noticeable setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Amine-Function Compounds Production in Australia and Oceania

In value terms, amine-function compounds production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep slump. The growth pace was the most rapid in 2017 when the production volume increased by 31%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Amine-Function Compounds Exports

Exports in Australia and Oceania

In 2021, approx. X tons of amine-function compounds were exported in Australia and Oceania; with a decrease of -43.7% on the previous year's figure. Overall, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 78%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, amine-function compounds exports shrank markedly to $X in 2021. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 94%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

New Zealand represented the major exporting country with an export of about X tons, which reached 79% of total exports. It was distantly followed by Australia (X tons), constituting a 21% share of total exports.

New Zealand was also the fastest-growing in terms of the amine-function compounds exports, with a CAGR of +29.3% from 2012 to 2021. At the same time, Australia (+8.9%) displayed positive paces of growth. New Zealand (+79 p.p.) and Australia (+21 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2021.

Australia, with a CAGR of +9.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, increasing by 7.1% against the previous year. Overall, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2013 when the export price increased by 2,345% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.2%).

Amine-Function Compounds Imports

Imports in Australia and Oceania

In 2021, imports of amine-function compounds in Australia and Oceania fell to X tons, with a decrease of -5.8% on the year before. Total imports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +57.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 67% against the previous year. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, amine-function compounds imports shrank modestly to $X in 2021. Total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Australia prevails in imports structure, finishing at X tons, which was approx. 93% of total imports in 2021. It was distantly followed by New Zealand (X tons), achieving a 7.3% share of total imports.

Australia was also the fastest-growing in terms of the amine-function compounds imports, with a CAGR of +1.6% from 2012 to 2021. New Zealand experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported amine-function compounds in Australia and Oceania, comprising 94% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 6.1% share of total imports.

In Australia, amine-function compounds imports expanded at an average annual rate of +2.5% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, increasing by 5.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 21% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.9%).

Source: IndexBox Platform

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