Australia and Oceania - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAustralia and Oceania: Ethylene Glycol Market 2024
Ethylene Glycol Market Size in Australia and Oceania
The ethylene glycol market in Australia and Oceania contracted slightly to $X in 2022, with a decrease of -2.8% against the previous year. Over the period under review, consumption recorded a slight slump. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.
Ethylene Glycol Production in Australia and Oceania
In value terms, ethylene glycol production fell to $X in 2022 estimated in export price. Overall, production showed a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of 38% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.
Ethylene Glycol Exports
Exports in Australia and Oceania
In 2022, after four years of growth, there was significant decline in overseas shipments of ethylene glycol (ethanediol), when their volume decreased by -90.3% to X tons. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 358% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.
In value terms, ethylene glycol exports fell significantly to $X in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2020 when exports increased by 133% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
Exports by Country
The biggest shipments were from Australia (X tons), together accounting for 99% of total export.
Australia was also the fastest-growing in terms of the ethylene glycol (ethanediol) exports, with a CAGR of -10.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, Australia ($X) also remains the largest ethylene glycol supplier in Australia and Oceania.
From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled -13.3%.
Export Prices by Country
In 2022, the export price in Australia and Oceania amounted to $X per ton, rising by 145% against the previous year. Over the period under review, the export price, however, recorded a noticeable shrinkage. The level of export peaked at $X per ton in 2012; however, from 2013 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 -2.9% per year.
Ethylene Glycol Imports
Imports in Australia and Oceania
Ethylene glycol imports reduced modestly to X tons in 2022, with a decrease of -3.1% on the previous year's figure. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 281% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.
In value terms, ethylene glycol imports amounted to $X in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 228% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.
Imports by Country
Australia was the key importing country with an import of around X tons, which amounted to 73% of total imports. It was distantly followed by New Zealand (X tons), constituting a 25% share of total imports. Papua New Guinea (X tons) followed a long way behind the leaders.
Australia was also the fastest-growing in terms of the ethylene glycol (ethanediol) imports, with a CAGR of +10.1% from 2012 to 2022. At the same time, New Zealand (+9.3%) and Papua New Guinea (+7.1%) displayed positive paces of growth. Australia (+73 p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea and New Zealand saw its share reduced by -6.9% and -63.6% from 2012 to 2022, respectively.
In value terms, Australia ($X) constitutes the largest market for imported ethylene glycol (ethanediol) in Australia and Oceania, comprising 73% of total imports. The second position in the ranking was held by New Zealand ($X), with a 26% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at +9.1%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+7.4% per year) and Papua New Guinea (-4.9% per year).
Import Prices by Country
The import price in Australia and Oceania stood at $X per ton in 2022, increasing by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 when the import price increased by 34%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.9%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ethylene glycol market in Australia and Oceania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142310 - Ethylene glycol (ethanediol)
Country coverage:
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Australia and Oceania, split by region and country
- Trade (exports and imports) in Australia and Oceania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
Recommended reports
This report provides an in-depth analysis of the ethylene glycol market in Asia.
This report provides an in-depth analysis of the ethylene glycol market in the U.S..
This report provides an in-depth analysis of the ethylene glycol market in China.
This report provides an in-depth analysis of the ethylene glycol market in the EU.
This report provides an in-depth analysis of the global ethylene glycol market.
- Ethylene Glycol Market
- Hydrazine and Hydroxylamine Derivatives Market
- Isocyanates Market
- Compounds With Other Nitrogen Function Market
- Thiocarbamates and Dithiocarbamates Market
- Other Organo-sulphur Compounds Market
- Organo-inorganic Compounds Market
- Tetrahydrofuran Market
- Heterocyclic Compounds With Oxygen Only Hetero-atom Market
- Heterocyclic Compounds With Nitrogen Only Hetero-atom Market