Australia and Oceania: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Australia and Oceania

The saturated acyclic monocarboxylic acids market in Australia and Oceania rose rapidly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Saturated Acyclic Monocarboxylic Acids in Australia and Oceania

In value terms, saturated acyclic monocarboxylic acids production dropped to $X in 2022 estimated in export price. In general, production showed a perceptible setback. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports in Australia and Oceania

In 2022, the amount of saturated acyclic monocarboxylic acids exported in Australia and Oceania fell dramatically to X tons, with a decrease of X% on the year before. Overall, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, saturated acyclic monocarboxylic acids exports declined markedly to $X in 2022. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Australia (X tons) represented the largest exporter of saturated acyclic monocarboxylic acids, committing X% of total exports. It was distantly followed by New Zealand (X tons), creating a X% share of total exports.

Australia was also the fastest-growing in terms of the saturated acyclic monocarboxylic acids exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

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

In Australia, saturated acyclic monocarboxylic acids exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. In general, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, 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 (X%).

Imports of Saturated Acyclic Monocarboxylic Acids

Imports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded growth in purchases abroad of saturated acyclic monocarboxylic acids, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, saturated acyclic monocarboxylic acids imports skyrocketed to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Australia (X tons) was the key importer of saturated acyclic monocarboxylic acids, creating X% of total imports. It was distantly followed by New Zealand (X tons), making up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to saturated acyclic monocarboxylic acids imports into Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported saturated acyclic monocarboxylic acids in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, saturated acyclic monocarboxylic acids imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, jumping by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, 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 (X%).

Source: IndexBox Platform

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