Australia and Oceania: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in Australia and Oceania

The aldehydes cyclic polymers market in Australia and Oceania shrank markedly to $X in 2022, waning by -18% against the previous year. Over the period under review, consumption, however, posted a moderate increase. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Aldehydes Cyclic Polymers Production in Australia and Oceania

In value terms, aldehydes cyclic polymers production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 19%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Aldehydes Cyclic Polymers Exports

Exports in Australia and Oceania

In 2022, approx. X tons of cyclic polymers of aldehydes were exported in Australia and Oceania; flattening at the year before. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,148%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, aldehydes cyclic polymers exports declined slightly to $X in 2022. In general, exports, however, saw a strong expansion. The growth pace was the most rapid in 2017 with an increase of 1,704%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Australia (X tons), together reaching 100% of total export.

Australia was also the fastest-growing in terms of the cyclic polymers of aldehydes exports, with a CAGR of +17.5% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest aldehydes cyclic polymers supplier in Australia and Oceania.

In Australia, aldehydes cyclic polymers exports expanded at an average annual rate of +9.8% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, dropping by -2.9% against the previous year. In general, the export price saw a deep setback. The growth pace was the most rapid in 2014 when the export price increased by 410% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -6.6% per year.

Aldehydes Cyclic Polymers Imports

Imports in Australia and Oceania

In 2022, imports of cyclic polymers of aldehydes in Australia and Oceania contracted rapidly to X tons, waning by -15.9% compared with 2021. Overall, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 139%. As a result, imports attained the peak of X tons, and then declined sharply in the following year.

In value terms, aldehydes cyclic polymers imports dropped significantly to $X in 2022. In general, imports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 97%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) represented the major importer of cyclic polymers of aldehydes, constituting 87% of total imports. It was distantly followed by Papua New Guinea (X tons), generating a 12% share of total imports.

Imports into Australia increased at an average annual rate of +1.6% from 2012 to 2022. At the same time, Papua New Guinea (+5.3%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.3% from 2012-2022. Papua New Guinea (+4 p.p.) and Australia (+3.3 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported cyclic polymers of aldehydes in Australia and Oceania, comprising 91% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a 6.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +3.7%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, waning by -2% against the previous year. Import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aldehydes cyclic polymers import price decreased by -19.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by 60% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+11.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :