Australia and Oceania: Amino-Resin Market 2024

Amino-Resin Market Size in Australia and Oceania

The amino-resin market in Australia and Oceania soared to $X in 2022, rising by X% against the previous year. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Amino-Resin Production in Australia and Oceania

In value terms, amino-resin production stood at $X in 2022 estimated in export price. In general, production, however, saw a significant contraction. The growth pace was the most rapid in 2013 with a decrease of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Amino-Resin Exports

Exports in Australia and Oceania

In 2022, overseas shipments of amino-resins, phenolic resins and polyurethanes (in primary forms) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, amino-resin exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

The biggest shipments were from Australia (X tons) and New Zealand (X tons), together resulting at X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by New Zealand (with a CAGR of X%).

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

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid 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 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Amino-Resin Imports

Imports in Australia and Oceania

In 2022, approx. X tons of amino-resins, phenolic resins and polyurethanes (in primary forms) were imported in Australia and Oceania; increasing by X% on the year before. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, amino-resin imports skyrocketed to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

In 2022, Australia (X tons) was the main importer of amino-resins, phenolic resins and polyurethanes (in primary forms), creating X% of total imports. It was distantly followed by New Zealand (X tons), committing a X% share of total imports. Papua New Guinea (X tons) held a relatively small share of total imports.

Australia was also the fastest-growing in terms of the amino-resins, phenolic resins and polyurethanes (in primary forms) imports, with a CAGR of X% from 2012 to 2022. New Zealand experienced a relatively flat trend pattern. Papua New Guinea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) constitutes the largest market for imported amino-resins, phenolic resins and polyurethanes (in primary forms) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, amino-resin imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid 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 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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