Australia and Oceania - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia and Oceania: Sorbitol Market 2024
Sorbitol Exports
Exports in Australia and Oceania
In 2021, the amount of sorbitol (excluding d-glucitol) exported in Australia and Oceania soared to X tons, jumping by 64% on the previous year's figure. Overall, exports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2015 with an increase of 6,314%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.
In value terms, sorbitol exports expanded modestly to $X in 2021. Over the period under review, exports enjoyed moderate growth. The pace of growth appeared the most rapid in 2019 when exports increased by 3,746% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
New Zealand was the main exporter of sorbitol (excluding d-glucitol) in Australia and Oceania, with the volume of exports amounting to X tons, which was approx. 85% of total exports in 2021. It was distantly followed by Australia (X kg), making up a 15% share of total exports.
New Zealand was also the fastest-growing in terms of the sorbitol (excluding d-glucitol) exports, with a CAGR of +37.3% from 2012 to 2021. Australia (-14.5%) illustrated a downward trend over the same period. New Zealand (+78 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -77.8% from 2012 to 2021, respectively.
In value terms, the largest sorbitol supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).
In terms of the main exporting countries, New Zealand, with a CAGR of +25.6%, saw the highest rates of growth with regard to the value of exports, over the period under review.
Export Prices by Country
In 2021, the export price in Australia and Oceania amounted to $X per ton, waning by -36.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 176% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+16.7%).
Sorbitol Imports
Imports in Australia and Oceania
In 2021, the amount of sorbitol (excluding d-glucitol) imported in Australia and Oceania shrank to X tons, falling by -8.3% against 2020 figures. Over the period under review, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by 302% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.
In value terms, sorbitol imports stood at $X in 2021. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2016 with an increase of 285% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Australia was the major importer of sorbitol (excluding d-glucitol) in Australia and Oceania, with the volume of imports accounting for X tons, which was approx. 77% of total imports in 2021. It was distantly followed by New Zealand (X tons), mixing up a 22% share of total imports.
Imports into Australia increased at an average annual rate of +6.4% from 2012 to 2021. At the same time, New Zealand (+22.7%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +22.7% from 2012-2021. While the share of New Zealand (+16 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-8.7 p.p.) displayed negative dynamics.
In value terms, Australia ($X) constitutes the largest market for imported sorbitol (excluding d-glucitol) in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 25% share of total imports.
In Australia, sorbitol imports increased at an average annual rate of +7.0% over the period from 2012-2021.
Import Prices by Country
The import price in Australia and Oceania stood at $X per ton in 2021, rising by 11% against the previous year. Overall, the import price saw a mild increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($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 Australia (+0.6%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sorbitol market in Australia and Oceania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595770 - Sorbitol (excluding D-glucitol)
Country coverage:
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Australia and Oceania, split by region and country
- Trade (exports and imports) in Australia and Oceania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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