Australia: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Australia

The Australian hypochlorites, chlorites and hypobromites market stood at $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Hypochlorites, chlorites and hypobromites consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Australia

In value terms, hypochlorites, chlorites and hypobromites production shrank slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 28% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Australia

In 2022, overseas shipments of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -37.2% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 64% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports contracted markedly to $X in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 43%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons), New Caledonia (X tons) and French Polynesia (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Australia, with a combined 80% share of total exports. Papua New Guinea and Solomon Islands lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Papua New Guinea (with a CAGR of +29.4%), while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X) remains the key foreign market for hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites exports from Australia, comprising 48% of total exports. The second position in the ranking was taken by New Caledonia ($X), with a 16% share of total exports. It was followed by French Polynesia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand stood at +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (+9.1% per year) and French Polynesia (+4.5% per year).

Export Prices by Country

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, declining by -6.6% against the previous year. Over the period under review, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Solomon Islands ($X per ton), while the average price for exports to French Polynesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Solomon Islands (+2.2%), while the prices for the other major destinations experienced a decline.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Australia

In 2022, hypochlorites, chlorites and hypobromites imports into Australia surged to X tons, growing by 45% compared with the year before. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.3% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 59%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites imports surged to $X in 2022. In general, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main hypochlorites, chlorites and hypobromites supplier to Australia, with a 92% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +8.8%.

In value terms, China ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Australia, comprising 85% of total imports. The second position in the ranking was held by the United States ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +11.9%.

Import Prices by Country

The average hypochlorites, chlorites and hypobromites import price stood at $X per ton in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :