Australia and Oceania: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Australia and Oceania

The hydrogen chloride market in Australia and Oceania expanded significantly to $X in 2021, growing by 14% against the previous year. Overall, consumption saw a slight descent. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Hydrogen Chloride Production in Australia and Oceania

In value terms, hydrogen chloride production expanded significantly to $X in 2021 estimated in export price. In general, production saw a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 23% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Hydrogen Chloride Exports

Exports in Australia and Oceania

In 2021, the amount of hydrogen chloride (hydrochloric acid) exported in Australia and Oceania contracted markedly to X tons, which is down by -49% compared with 2020 figures. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 121%. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, hydrogen chloride exports contracted dramatically to $X in 2021. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 93% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

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

Australia was also the fastest-growing in terms of the hydrogen chloride (hydrochloric acid) exports, with a CAGR of -5.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest hydrogen chloride supplier in Australia and Oceania.

From 2012 to 2021, the average annual growth rate of value in Australia was relatively modest.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, jumping by 52% against the previous year. Export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hydrogen chloride export price increased by +60.9% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by 63%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to +4.7% per year.

Hydrogen Chloride Imports

Imports in Australia and Oceania

In 2021, imports of hydrogen chloride (hydrochloric acid) in Australia and Oceania shrank modestly to X tons, which is down by -4.3% on the previous year. Overall, imports, however, showed modest growth. The growth pace was the most rapid in 2015 with an increase of 90%. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, hydrogen chloride imports expanded markedly to $X in 2021. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 113% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, New Caledonia (X tons) and New Zealand (X tons) represented the main importers of hydrogen chloride (hydrochloric acid) in Australia and Oceania, together resulting at approx. 65% of total imports. Australia (X tons) held the next position in the ranking, followed by Papua New Guinea (X tons). All these countries together took approx. 33% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by New Zealand (with a CAGR of +24.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest hydrogen chloride importing markets in Australia and Oceania were New Zealand ($X), Australia ($X) and New Caledonia ($X), with a combined 86% share of total imports.

New Zealand, with a CAGR of +22.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, with an increase of 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2014 an increase of 17%. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

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 Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :