Australia and Oceania: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Australia and Oceania

In 2021, after two years of decline, there was significant growth in the anti-freezing preparations market in Australia and Oceania, when its value increased by 6% to $X. The market value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Anti-Freezing Preparations Production in Australia and Oceania

In value terms, anti-freezing preparations production expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by 30% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Anti-Freezing Preparations Exports

Exports in Australia and Oceania

In 2021, the amount of anti-freezing preparations and prepared de-icing fluids exported in Australia and Oceania surged to X tons, picking up by 55% compared with 2020. Total exports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, anti-freezing preparations exports surged to $X in 2021. Total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) represented roughly 99% of total exports in 2021.

Australia was also the fastest-growing in terms of the anti-freezing preparations and prepared de-icing fluids exports, with a CAGR of +3.5% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest anti-freezing preparations supplier in Australia and Oceania.

In Australia, anti-freezing preparations exports expanded at an average annual rate of +3.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, shrinking by -8.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by 25%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to +0.2% per year.

Anti-Freezing Preparations Imports

Imports in Australia and Oceania

In 2021, the amount of anti-freezing preparations and prepared de-icing fluids imported in Australia and Oceania rose rapidly to X tons, picking up by 13% on the previous year. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 55% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, anti-freezing preparations imports totaled $X in 2021. Total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 19% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Australia (X tons) and New Zealand (X tons) dominates imports structure, together achieving 93% of total imports. Papua New Guinea (X tons), New Caledonia (X tons) and Fiji (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Fiji (with a CAGR of +22.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported anti-freezing preparations and prepared de-icing fluids in Australia and Oceania, comprising 63% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 31% share of total imports. It was followed by Papua New Guinea, with a 3.2% share.

In Australia, anti-freezing preparations imports expanded at an average annual rate of +7.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+1.8% per year) and Papua New Guinea (-0.2% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, remaining constant against the previous year. Overall, the import price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2018 an increase of 12% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Papua New Guinea (-2.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :