Report Update Nov 1, 2024

Australia - Expansible Polystyrene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Expansible Polystyrene Market 2024

Expansible Polystyrene Market Size in Australia

The Australian expansible polystyrene market skyrocketed to $X in 2021, increasing by 139% 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). Over the period under review, consumption enjoyed noticeable growth. Expansible polystyrene consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Expansible Polystyrene Exports

Exports from Australia

In 2021, the amount of expansible polystyrene in primary forms exported from Australia skyrocketed to X tons, picking up by 28% compared with the year before. Overall, exports, however, showed a mild contraction. The pace of growth appeared the most rapid in 2016 with an increase of 1,208%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, expansible polystyrene exports surged to $X in 2021. Over the period under review, exports saw a prominent increase. The pace of growth appeared the most rapid in 2016 when exports increased by 1,771% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons) was the main destination for expansible polystyrene exports from Australia, accounting for a 80% share of total exports. Moreover, expansible polystyrene exports to China exceeded the volume sent to the second major destination, the United States (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume to China totaled +4.0%.

In value terms, the United States ($X) remains the key foreign market for expansible polystyrene in primary forms exports from Australia, comprising 88% of total exports. The second position in the ranking was held by China ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +1,649.2%.

Export Prices by Country

In 2021, the average expansible polystyrene export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 1,094%. As a result, the export price attained the peak level of $X per ton, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.

Expansible Polystyrene Imports

Imports into Australia

Expansible polystyrene imports into Australia skyrocketed to X tons in 2021, with an increase of 109% against the year before. In general, imports enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2019 with an increase of 2,336%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, expansible polystyrene imports skyrocketed to $X in 2021. Over the period under review, imports saw a noticeable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 3,939% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest expansible polystyrene supplier to Australia, accounting for a approx. 7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +305.7%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of expansible polystyrene in primary forms to Australia.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +374.1%.

Import Prices by Country

The average expansible polystyrene import price stood at $X per ton in 2021, growing by 40% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 66% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +16.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for expansible polystyrene in primary forms in the world?

The countries with the highest volumes of expansible polystyrene consumption in 2021 were China, the United States and India, with a combined 42% share of global consumption. Japan, Russia, Pakistan, Indonesia, Italy, Germany, Mexico, Poland, Turkey and Taiwan Chinese) lagged somewhat behind, together comprising a further 32%.

What are the largest producers of expansible polystyrene in primary forms in the world?

The countries with the highest volumes of expansible polystyrene production in 2021 were China, the United States and India, with a combined 46% share of global production. Japan, Russia, Pakistan, Indonesia, Turkey, Germany, Mexico, the Netherlands, Taiwan Chinese) and Iran lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of expansible polystyrene in primary forms to Australia?

In value terms, Taiwan Chinese), South Korea and China appeared to be the largest expansible polystyrene suppliers to Australia, with a combined 96% share of total imports.

What are the leading importers of expansible polystyrene in primary forms from Australia?

In value terms, the United States remains the key foreign market for expansible polystyrene exports from Australia, comprising 52% of total exports. The second position in the ranking was occupied by Poland, with a 23% share of total exports. It was followed by Vietnam, with an 8.6% share.

What is the average export price for expansible polystyrene in primary forms in Australia?

The average expansible polystyrene export price stood at $1,355 per ton in 2021, which is down by -68.3% against the previous year.

What is the average import price for expansible polystyrene in primary forms in Australia?

The average expansible polystyrene import price stood at $1,564 per ton in 2021, picking up by 45% against the previous year.

This report provides an in-depth analysis of the expansible polystyrene 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 20162035 - Expansible polystyrene, in primary forms

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