Australia and Oceania: Polyacetals Market 2024

Polyacetals Market Size in Australia and Oceania

The polyacetals market in Australia and Oceania skyrocketed to $X in 2021, growing by 53% against the previous year. The market value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Polyacetals Production in Australia and Oceania

In value terms, polyacetals production expanded sharply to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 16% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Polyacetals Exports

Exports in Australia and Oceania

In 2021, overseas shipments of polyacetals in primary forms increased by 133% to X tons, rising for the second year in a row after two years of decline. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 508%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, polyacetals exports soared to $X in 2021. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 350% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia represented the key exporter of polyacetals in primary forms in Australia and Oceania, with the volume of exports accounting for X tons, which was near 77% of total exports in 2021. It was distantly followed by New Zealand (X tons), mixing up a 23% share of total exports.

Australia was also the fastest-growing in terms of the polyacetals in primary forms exports, with a CAGR of +30.3% from 2012 to 2021. At the same time, New Zealand (+17.6%) displayed positive paces of growth. While the share of Australia (+20 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of New Zealand (-20 p.p.) displayed negative dynamics.

In value terms, the largest polyacetals supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

Among the main exporting countries, Australia, with a CAGR of +18.3%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, declining by -21.3% against the previous year. In general, the export price saw a abrupt decline. The growth pace was the most rapid in 2019 an increase of 42%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-2.1%).

Polyacetals Imports

Imports in Australia and Oceania

In 2021, imports of polyacetals in primary forms in Australia and Oceania soared to X tons, with an increase of 51% against the previous year. The total import volume increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, polyacetals imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern 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 main importing country with an import of about X tons, which accounted for 68% of total imports. It was distantly followed by New Zealand (X tons), comprising a 32% share of total imports.

Imports into Australia increased at an average annual rate of +3.6% from 2012 to 2021. At the same time, New Zealand (+6.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +6.4% from 2012-2021. New Zealand (+5.1 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -5.1% from 2012 to 2021, respectively.

In value terms, the largest polyacetals importing markets in Australia and Oceania were Australia ($X) and New Zealand ($X).

In terms of the main importing countries, New Zealand, with a CAGR of +5.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, increasing by 4% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-0.7%).

Source: IndexBox Platform

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