Australia and Oceania: Imines Market 2024

Imines Market Size in Australia and Oceania

The imines market in Australia and Oceania skyrocketed to $X in 2021, jumping by 51% against the previous year. Over the period under review, consumption enjoyed a remarkable increase. The level of consumption peaked in 2021 and is likely to continue growth in the immediate term.

Imines Production in Australia and Oceania

In value terms, imines production shrank modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Imines Exports

Exports in Australia and Oceania

In 2021, the amount of imines and their derivatives and salts thereof exported in Australia and Oceania skyrocketed to X tons, rising by 46% against the year before. Over the period under review, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 191% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, imines exports surged to $X in 2021. In general, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 90% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia was the major exporter of imines and their derivatives and salts thereof in Australia and Oceania, with the volume of exports amounting to X tons, which was approx. 89% of total exports in 2021. It was distantly followed by New Zealand (X kg), generating an 11% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to imines exports from Australia stood at -18.1%. At the same time, New Zealand (+7.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +7.4% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +10 percentage points.

In value terms, Australia ($X) remains the largest imines supplier in Australia and Oceania, comprising 93% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 7.3% share of total exports.

In Australia, imines exports shrank by an average annual rate of -13.6% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, which is down by -19.2% against the previous year. In general, the export price, however, showed moderate growth. The pace of growth was the most pronounced in 2014 when the export price increased by 71%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+5.6%).

Imines Imports

Imports in Australia and Oceania

In 2021, imines imports in Australia and Oceania surged to X tons, rising by 65% compared with the previous year. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imines imports skyrocketed to $X in 2021. Overall, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 135%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Australia represented the main importer of imines and their derivatives and salts thereof in Australia and Oceania, with the volume of imports accounting for X tons, which was near 80% of total imports in 2021. It was distantly followed by New Zealand (X tons), creating a 20% share of total imports.

Australia was also the fastest-growing in terms of the imines and their derivatives and salts thereof imports, with a CAGR of +12.8% from 2012 to 2021. At the same time, New Zealand (+3.1%) displayed positive paces of growth. While the share of Australia (+16 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-15.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported imines and their derivatives and salts thereof in Australia and Oceania, comprising 82% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to +12.0%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, dropping by -12.1% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 when the import price increased by 39% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+6.9%).

Source: IndexBox Platform

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