Australia and Oceania: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Australia and Oceania

The cyclanes, cyclenes and cycloterpenes market in Australia and Oceania fell to $X in 2021, reducing by -13.5% against the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then dropped in the following year.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Australia and Oceania

In value terms, cyclanes, cyclenes and cycloterpenes production shrank to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild slump. The most prominent rate of growth was recorded in 2018 with an increase of 55%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports in Australia and Oceania

In 2021, shipments abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) increased by 103% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,146% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports surged to $X in 2021. In general, exports showed a notable increase. The pace of growth was the most pronounced in 2020 when exports increased by 873% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

New Zealand prevails in exports structure, resulting at X tons, which was near 98% of total exports in 2021. Australia (X tons) followed a long way behind the leaders.

New Zealand was also the fastest-growing in terms of the cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exports, with a CAGR of -5.1% from 2012 to 2021. Australia (-11.5%) illustrated a downward trend over the same period. While the share of New Zealand (+2.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-2.1 p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest cyclanes, cyclenes and cycloterpenes supplier in Australia and Oceania, comprising 95% of total exports. The second position in the ranking was taken by Australia ($X), with a 4.6% share of total exports.

In New Zealand, cyclanes, cyclenes and cycloterpenes exports increased at an average annual rate of +3.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, increasing by 63% against the previous year. Over the period under review, the export price saw prominent growth. The growth pace was the most rapid in 2017 when the export price increased by 283%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, 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 New Zealand (+9.6%).

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports in Australia and Oceania

In 2021, the amount of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) imported in Australia and Oceania fell to X tons, declining by -14.8% against the previous year's figure. In general, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 with an increase of 17%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, cyclanes, cyclenes and cycloterpenes imports expanded remarkably to $X in 2021. Overall, imports recorded a perceptible downturn. The pace of growth was the most pronounced in 2014 with an increase of 56%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Australia prevails in imports structure, recording X tons, which was near 95% of total imports in 2021. New Zealand (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -3.7% from 2012 to 2021. New Zealand (-2.3%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) in Australia and Oceania, comprising 92% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 6.8% share of total imports.

In Australia, cyclanes, cyclenes and cycloterpenes imports contracted by an average annual rate of -3.0% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, surging by 24% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 48% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+3.9%).

Source: IndexBox Platform

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