Australia and Oceania: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Australia and Oceania

In 2022, the hypochlorites, chlorites and hypobromites market in Australia and Oceania was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Australia and Oceania

In value terms, hypochlorites, chlorites and hypobromites production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 28%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports in Australia and Oceania

In 2022, after three years of growth, there was significant decline in overseas shipments of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites, when their volume decreased by -37.2% to X tons. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2013 with an increase of 52% against the previous year. The volume of export peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, hypochlorites, chlorites and hypobromites exports reduced notably to $X in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 44% against the previous year. The level of export peaked at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Australia prevails in exports structure, amounting to X tons, which was near 96% of total exports in 2022. New Zealand (X tons) held a relatively small share of total exports.

Australia was also the fastest-growing in terms of the hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites exports, with a CAGR of +10.0% from 2012 to 2022. New Zealand (-5.6%) illustrated a downward trend over the same period. While the share of Australia (+11 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest hypochlorites, chlorites and hypobromites supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 8.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +7.7%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, falling by -1.7% against the previous year. Overall, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of 48%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+2.5%).

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports in Australia and Oceania

In 2022, imports of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites in Australia and Oceania surged to X tons, picking up by 40% against the year before. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.0% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 40% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites imports soared to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia was the largest importer of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. 62% of total imports in 2022. New Zealand (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by French Polynesia (7.1%), New Caledonia (6.5%) and Papua New Guinea (5.8%). Fiji (X tons) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of +7.6% from 2012 to 2022. At the same time, French Polynesia (+10.7%), Papua New Guinea (+9.8%), Fiji (+4.9%) and New Caledonia (+3.4%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +10.7% from 2012-2022. New Zealand experienced a relatively flat trend pattern. From 2012 to 2022, the share of Australia, French Polynesia and Papua New Guinea increased by +9, +2.6 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites in Australia and Oceania, comprising 72% of total imports. The second position in the ranking was held by New Zealand ($X), with a 10% share of total imports. It was followed by Fiji, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +10.1%. In the other countries, the average annual rates were as follows: New Zealand (+2.0% per year) and Fiji (+5.3% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 when the import price increased by 16%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Fiji ($X per ton), while French Polynesia ($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 (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :