Australia and Oceania: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in Australia and Oceania

In 2022, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Australia and Oceania dropped significantly to X tons, with a decrease of -42.9% compared with 2021. In general, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2017 with an increase of 73% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced sharply to $X in 2022. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2017 with an increase of 103% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia dominates acid structure, reaching X tons, which was approx. 92% of total exports in 2022. It was distantly followed by New Zealand (X kg), committing a 7.6% share of total exports.

Exports from Australia decreased at an average annual rate of -30.8% from 2012 to 2022. New Zealand (-23.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand increased by +4.8 percentage points.

In value terms, Australia ($X) remains the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier in Australia and Oceania, comprising 94% of total exports. The second position in the ranking was held by New Zealand ($X), with a 5.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at -24.7%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, rising by 7.7% against the previous year. Export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +69.1% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 90%. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat 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 stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.7%).

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in Australia and Oceania

In 2022, purchases abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 35% to X tons, rising for the third year in a row after six years of decline. Over the period under review, imports, however, saw a mild decrease. The growth pace was the most rapid in 2021 with an increase of 65%. Over the period under review, imports of hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid skyrocketed to $X in 2022. Overall, imports, however, showed a mild downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 175% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia prevails in acid structure, resulting at X tons, which was approx. 96% of total imports in 2022. The following importers - New Zealand (X tons) and Fiji (X tons) - each reached a 4.3% share of total imports.

Imports into Australia decreased at an average annual rate of -1.5% from 2012 to 2022. At the same time, Fiji (+35.9%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +35.9% from 2012-2022. By contrast, New Zealand (-12.8%) illustrated a downward trend over the same period. Australia (+3.8 p.p.) and Fiji (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -5.6% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Australia and Oceania, comprising 95% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 3.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at -1.5%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-11.7% per year) and Fiji (+29.1% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 67%. Over the period under review, import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Fiji ($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 (+1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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