Australia and Oceania: Naphthenic Acids Market 2020

Naphthenic Acids Market Size in Australia and Oceania

The revenue of the naphthenic acids market in Australia and Oceania amounted to $X in 2017, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The naphthenic acids consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the naphthenic acids market attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Naphthenic Acids Exports in Australia and Oceania

In 2017, naphthenic acids exports in Australia and Oceania amounted to X tons, declining by -X% against the previous year. The naphthenic acids exports continue to indicate a significant descent. The growth pace was the most rapid in 2015, when it surged by X% year-to-year. Over the period under review, the naphthenic acids exports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, naphthenic acids exports amounted to $X in 2017. The naphthenic acids exports continue to indicate a noticeable decline. In that year, the naphthenic acids exports attained their peak level of $X. From 2012 to 2017, growth of the naphthenic acids exports failed to regain its momentum.

Naphthenic Acids Exports by Country in Australia and Oceania

Australia represented the main exporter of naphthenic acids, their water-insoluble salts and their esters in Australia and Oceania, with the volume of exports finishing at X tons, which was near X% of total exports in 2017. It was distantly followed by New Zealand (X tons), comprising X% share of total exports.

Exports from Australia decreased at an average annual rate of -X% from 2007 to 2017. New Zealand experienced a relatively flat trend pattern. While the share of Australia (X%) increased significantly in terms of the global exports from 2007-2017, the share of New Zealand (-X%) displayed negative dynamics.

In value terms, Australia ($X) remains the largest naphthenic acids supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Australia amounted to -X%.

Naphthenic Acids Export Prices by Country in Australia and Oceania

In 2017, the naphthenic acids export price in Australia and Oceania amounted to $X per ton, flattening at the previous year. The naphthenic acids export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, an increase of X% against the previous year. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Australia ($X per ton) and New Zealand ($X per ton), while New Zealand ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (-X% per year).

Naphthenic Acids Imports in Australia and Oceania

In 2017, naphthenic acids imports in Australia and Oceania totaled X tons, remaining relatively unchanged against the previous year. The naphthenic acids imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. In that year, the naphthenic acids imports attained their peak volume of X tons. From 2012 to 2017, growth of the naphthenic acids imports failed to regain its momentum.

In value terms, naphthenic acids imports stood at $X in 2017. The naphthenic acids imports continue to indicate a relatively flat trend pattern. Over the period under review, the naphthenic acids imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Naphthenic Acids Imports by Country in Australia and Oceania

Australia dominates naphthenic acids imports structure, reaching X tons, which was approx. X% of total imports in 2017. New Zealand (X tons) ranks second in terms of the global imports with a X% share, followed by New Caledonia (X%).

From 2007 to 2017, average annual rates of growth with regard to naphthenic acids imports into Australia stood at +X%. At the same time, New Caledonia (+X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, New Zealand (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of New Zealand increased by X% percentage points, while New Caledonia (-X%) and Australia (-X%) saw their share reduced.

In value terms, Australia ($X) constitutes the largest market for imported naphthenic acids, their water-insoluble salts and their esters in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by New Caledonia, with a X% share.

In Australia, naphthenic acids imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-X% per year) and New Caledonia (+X% per year).

Naphthenic Acids Import Prices by Country in Australia and Oceania

In 2017, the naphthenic acids import price in Australia and Oceania amounted to $X per ton, leveling off at the previous year. The naphthenic acids import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was New Zealand ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform