Report Update Nov 1, 2024

Australia - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Caustic Soda Market 2024

Caustic Soda Market Size in Australia

The Australian caustic soda market surged to $X in 2021, picking up by 89% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Caustic Soda Exports

Exports from Australia

In 2021, after two years of growth, there was significant decline in shipments abroad of caustic soda, when their volume decreased by -41.2% to X tons. In general, exports, however, saw a modest increase. The most prominent rate of growth was recorded in 2020 when exports increased by 564% against the previous year. As a result, the exports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, caustic soda exports dropped to $X in 2021. Over the period under review, exports, however, saw a resilient increase. The growth pace was the most rapid in 2020 with an increase of 422%. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Lao People's Democratic Republic (X tons) was the main destination for caustic soda exports from Australia, with a 95% share of total exports. Moreover, caustic soda exports to Lao People's Democratic Republic exceeded the volume sent to the second major destination, Fiji (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Lao People's Democratic Republic stood at +148.0%.

In value terms, Lao People's Democratic Republic ($X) remains the key foreign market for caustic soda exports from Australia, comprising 95% of total exports. The second position in the ranking was held by Fiji ($X), with a 1.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Lao People's Democratic Republic amounted to +199.7%.

Export Prices by Country

In 2021, the average caustic soda export price amounted to $X per ton, surging by 56% against the previous year. Over the period under review, the export price continues to indicate prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while the average price for exports to Fiji totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+20.8%), while the prices for the other major destinations experienced a decline.

Caustic Soda Imports

Imports into Australia

In 2021, the amount of caustic soda imported into Australia surged to X tons, with an increase of 21% on the previous year. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by 31%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, caustic soda imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a mild shrinkage. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Japan (X tons) and China (X tons) were the main suppliers of caustic soda imports to Australia, with a combined 68% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +6.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Japan ($X) and China ($X) were the largest caustic soda suppliers to Australia, together comprising 58% of total imports. These countries were followed by the United States, South Korea and Saudi Arabia, which together accounted for a further 40%.

The United States, with a CAGR of +7.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average caustic soda import price stood at $X per ton in 2021, with an increase of 35% against the previous year. Over the period under review, the import price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 62%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for caustic soda in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 47% share of global consumption. These countries were followed by Brazil, South Korea, Germany, Indonesia, the UK, Japan, Egypt and Taiwan Chinese), which together accounted for a further 25%.

What are the largest producers of caustic soda in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together accounting for 56% of global production. These countries were followed by South Korea, Japan, Germany, Indonesia, Brazil, the UK, Russia, Egypt, Belgium and Iran, which together accounted for a further 28%.

What are the leading suppliers of caustic soda to Australia?

In value terms, the largest caustic soda suppliers to Australia were Taiwan Chinese), China and South Korea, with a combined 67% share of total imports. Japan and the United States lagged somewhat behind, together comprising a further 28%.

What are the leading importers of caustic soda from Australia?

In value terms, the largest markets for caustic soda exported from Australia were Papua New Guinea, the Netherlands and New Zealand, with a combined 65% share of total exports. New Caledonia and Solomon Islands lagged somewhat behind, together comprising a further 20%.

What is the average export price for caustic soda in Australia?

The average caustic soda export price stood at $589 per ton in 2021, with a decrease of -20.4% against the previous year.

What is the average import price for caustic soda in Australia?

The average caustic soda import price stood at $182 per ton in 2021, with an increase of 7.9% against the previous year.

This report provides an in-depth analysis of the caustic soda market in Australia. 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 20132525 - Sodium hydroxide (caustic soda), solid
Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023