Australia and Oceania: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in Australia and Oceania

After six years of growth, the aromatic polyamines market in Australia and Oceania decreased by -11.1% to $X in 2021. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +89.5% against 2014 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Aromatic Polyamines Production in Australia and Oceania

In value terms, aromatic polyamines production shrank significantly to $X in 2021 estimated in export price. Over the period under review, production saw strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 60%. As a result, production reached the peak level of $X, and then shrank significantly in the following year.

Aromatic Polyamines Exports

Exports in Australia and Oceania

In 2021, after seven years of growth, there was significant decline in overseas shipments of aromatic polyamines and their derivatives, salts thereof, when their volume decreased by -66.3% to X tons. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 170%. The volume of export peaked at X tons in 2020, and then contracted rapidly in the following year.

In value terms, aromatic polyamines exports declined significantly to $X in 2021. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 205% against the previous year. The level of export peaked at $X in 2020, and then dropped sharply in the following year.

Exports by Country

Australia prevails in exports structure, amounting to X tons, which was approx. 93% of total exports in 2021. It was distantly followed by New Zealand (X tons), comprising a 7.2% share of total exports.

Australia was also the fastest-growing in terms of the aromatic polyamines and their derivatives, salts thereof exports, with a CAGR of +19.6% from 2012 to 2021. At the same time, New Zealand (+17.6%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest aromatic polyamines supplier in Australia and Oceania, comprising 98% of total exports. The second position in the ranking was held by New Zealand ($X), with a 2% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to +28.2%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, increasing by 44% against the previous year. Export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, aromatic polyamines export price increased by +103.0% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the export price increased by 50%. Over the period under review, the export prices attained the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.1%).

Aromatic Polyamines Imports

Imports in Australia and Oceania

In 2021, purchases abroad of aromatic polyamines and their derivatives, salts thereof decreased by -5.3% to X tons, falling for the fourth year in a row after two years of growth. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 33%. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, aromatic polyamines imports surged to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by 45% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Australia was the major importer of aromatic polyamines and their derivatives, salts thereof in Australia and Oceania, with the volume of imports amounting to X tons, which was near 72% of total imports in 2021. It was distantly followed by New Zealand (X tons), making up a 27% share of total imports.

Imports into Australia increased at an average annual rate of +1.9% from 2012 to 2021. At the same time, New Zealand (+3.5%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +3.5% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +3.1 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported aromatic polyamines and their derivatives, salts thereof in Australia and Oceania, comprising 78% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +1.5%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, picking up by 29% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, 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 (-0.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :