Australia and Oceania: Ether Market 2024

Ether Market Size in Australia and Oceania

The ether market in Australia and Oceania surged to $X in 2022, with an increase of 15% against the previous year. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +65.8% against 2019 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in the immediate term.

Ether Production in Australia and Oceania

In value terms, ether production fell rapidly to $X in 2022 estimated in export price. In general, production saw a dramatic descent. The most prominent rate of growth was recorded in 2019 with an increase of 284,371%. The level of production peaked at $X in 2021, and then declined markedly in the following year.

Ether Exports

Exports in Australia and Oceania

In 2022, the amount of ethers exported in Australia and Oceania dropped remarkably to X tons, falling by -31.4% compared with 2021 figures. Over the period under review, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 when exports increased by 78%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, ether exports shrank significantly to $X in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 189% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia was the major exporter of ethers in Australia and Oceania, with the volume of exports finishing at X tons, which was approx. 88% of total exports in 2022. It was distantly followed by New Zealand (X tons), committing a 12% share of total exports.

Australia was also the fastest-growing in terms of the ethers exports, with a CAGR of -11.8% from 2012 to 2022. New Zealand (-14.8%) illustrated a downward trend over the same period. While the share of Australia (+4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-4 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest ether supplier in Australia and Oceania, comprising 90% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at -15.2%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, declining by -21.6% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when the export price increased by 101%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably 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 totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.5%).

Ether Imports

Imports in Australia and Oceania

In 2022, overseas purchases of ethers increased by 0.4% to X tons, rising for the fourth year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 8.5%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, ether imports skyrocketed to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Australia represented the key importing country with an import of about X tons, which amounted to 87% of total imports. It was distantly followed by New Zealand (X tons), committing a 12% share of total imports.

Australia was also the fastest-growing in terms of the ethers imports, with a CAGR of +1.5% from 2012 to 2022. New Zealand (-4.8%) illustrated a downward trend over the same period. Australia (+7.7 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -8.5% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported ethers in Australia and Oceania, comprising 85% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports.

In Australia, ether imports expanded at an average annual rate of +4.5% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, jumping by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2021 an increase of 18%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.0%).

Source: IndexBox Platform

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