Australia and Oceania: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Exports

Exports in Australia and Oceania

In 2021, shipments abroad of trichloroethylene and tetrachloroethylene (perchloroethylene) was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 322% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, trichloroethylene and tetrachloroethylene exports soared to $X in 2021. In general, exports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of 198%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Australia was the key exporting country with an export of about X tons, which amounted to 68% of total exports. It was distantly followed by New Zealand (X tons), constituting a 32% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to trichloroethylene and tetrachloroethylene exports from Australia stood at +9.3%. At the same time, New Zealand (+31.1%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +31.1% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +24 percentage points.

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2021.

Among the main exporting countries, New Zealand, with a CAGR of +35.4%, 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, reducing by -28% against the previous year. In general, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 72% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 (+3.3%).

Trichloroethylene And Tetrachloroethylene Imports

Imports in Australia and Oceania

In 2021, purchases abroad of trichloroethylene and tetrachloroethylene (perchloroethylene) decreased by -12.2% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, showed a perceptible increase. The pace of growth appeared the most rapid in 2020 when imports increased by 140%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, trichloroethylene and tetrachloroethylene imports soared to $X in 2021. Overall, imports, however, continue to indicate a perceptible expansion. The growth pace was the most rapid in 2020 when imports increased by 141%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Australia represented the key importer of trichloroethylene and tetrachloroethylene (perchloroethylene) in Australia and Oceania, with the volume of imports resulting at X tons, which was near 75% of total imports in 2021. It was distantly followed by New Zealand (X tons), constituting a 21% share of total imports. Marshall Islands (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to trichloroethylene and tetrachloroethylene imports into Australia stood at +6.3%. At the same time, Marshall Islands (+38.8%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +38.8% from 2012-2021. By contrast, New Zealand (-2.1%) illustrated a downward trend over the same period. While the share of Australia (+14 p.p.) and Marshall Islands (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-14.6 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported trichloroethylene and tetrachloroethylene (perchloroethylene) in Australia and Oceania, comprising 72% of total imports. The second position in the ranking was held by New Zealand ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to +5.5%. In the other countries, the average annual rates were as follows: New Zealand (-2.9% per year) and Marshall Islands (+55.9% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, jumping by 31% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Marshall Islands ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Marshall Islands (+12.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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