Australia and Oceania: Market for Caustic Soda in the Solid Form 2024

Exports of Caustic Soda in the Solid Form

Exports in Australia and Oceania

In 2021, shipments abroad of caustic soda in the solid form increased by 3.4% to X tons, rising for the third year in a row after two years of decline. Overall, exports posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 196%. Over the period under review, the exports of caustic soda in solid form reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, exports of caustic soda in the solid form rose sharply to $X in 2021. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 225%. Over the period under review, the exports of caustic soda in solid form reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Australia dominates form structure, resulting at X tons, which was near 96% of total exports in 2021. New Zealand (X tons) and Samoa (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the caustic soda in the solid form exports, with a CAGR of +6.7% from 2012 to 2021. At the same time, Samoa (+1.7%) displayed positive paces of growth. By contrast, New Zealand (-8.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia increased by +8.1 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest caustic soda in the solid form supplier in Australia and Oceania, comprising 97% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 1.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +9.5%. In the other countries, the average annual rates were as follows: New Zealand (-6.6% per year) and Samoa (-1.2% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, growing by 5.2% against the previous year. In general, the export price posted a tangible increase. The pace of growth appeared the most rapid in 2016 an increase of 29% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+2.7%), while the other leaders experienced mixed trends in the export price figures.

Imports of Caustic Soda in the Solid Form

Imports in Australia and Oceania

In 2021, imports of caustic soda in the solid form in Australia and Oceania expanded remarkably to X tons, surging by 5.3% against the previous year. In general, imports, however, continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2016 with an increase of 16%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of caustic soda in the solid form expanded markedly to $X in 2021. Over the period under review, imports, however, saw a perceptible slump. The growth pace was the most rapid in 2016 when imports increased by 26%. Over the period under review, imports of caustic soda in solid form hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia represented the major importing country with an import of around X tons, which accounted for 57% of total imports. New Zealand (X tons) held the second position in the ranking, distantly followed by Papua New Guinea (X tons). All these countries together took near 39% share of total imports. Fiji (X tons) held a little share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of caustic soda in the solid form. At the same time, Fiji (+19.8%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +19.8% from 2012-2021. New Zealand experienced a relatively flat trend pattern. By contrast, Papua New Guinea (-10.9%) illustrated a downward trend over the same period. While the share of Australia (+9.7 p.p.) and New Zealand (+2.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Papua New Guinea (-14.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported caustic soda in the solid form in Australia and Oceania, comprising 59% of total imports. The second position in the ranking was held by New Zealand ($X), with a 27% share of total imports. It was followed by Papua New Guinea, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled -2.1%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-4.0% per year) and Papua New Guinea (-14.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, growing by 5.5% against the previous year. In general, the import price, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2017 an increase of 24%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Fiji ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Fiji (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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