Australia and Oceania: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Australia and Oceania

For the third year in a row, the market for organo-sulphur compounds and other organo-inorganic compounds in Australia and Oceania recorded growth in sales value, which increased by 12% to $X in 2022. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +77.8% against 2019 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in years to come.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Australia and Oceania

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds declined slightly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 46% against the previous year. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports in Australia and Oceania

After two years of decline, overseas shipments of organo-sulphur compounds and other organo-inorganic compounds increased by 162% to X tons in 2022. In general, exports showed a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 246% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds skyrocketed to $X in 2022. Overall, exports enjoyed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia prevails in compounds structure, reaching X tons, which was approx. 90% of total exports in 2022. It was distantly followed by New Zealand (X tons), mixing up a 9.9% share of total exports.

Australia was also the fastest-growing in terms of the organo-sulphur compounds and other organo-inorganic compounds exports, with a CAGR of +7.1% from 2012 to 2022. At the same time, New Zealand (+1.2%) displayed positive paces of growth. Australia (+6.3 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -6.3% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest organo-sulphur compounds and other organo-inorganic compounds supplier in Australia and Oceania, comprising 94% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 6.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +11.8%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, growing by 84% against the previous year. In general, the export price showed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+11.1%).

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports in Australia and Oceania

In 2022, the amount of organo-sulphur compounds and other organo-inorganic compounds imported in Australia and Oceania reduced slightly to X tons, shrinking by -2.2% on 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds soared to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 51% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Australia prevails in compounds structure, recording X tons, which was near 91% of total imports in 2022. It was distantly followed by Papua New Guinea (X tons), committing a 4.5% share of total imports. New Zealand (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of imports of organo-sulphur compounds and other organo-inorganic compounds. At the same time, Papua New Guinea (+6.1%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +6.1% from 2012-2022. By contrast, New Zealand (-4.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Papua New Guinea increased by +2.1 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported organo-sulphur compounds and other organo-inorganic compounds in Australia and Oceania, comprising 93% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 4.6% share of total imports.

In Australia, imports of organo-sulphur compounds and other organo-inorganic compounds expanded at an average annual rate of +4.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-0.9% per year) and Papua New Guinea (+6.6% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, jumping by 20% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for organo-sulphur compounds and other organo-inorganic compounds increased by +66.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by 37% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: 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 (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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