Australia: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Australia

The Australian oxygen-function amino-compound market skyrocketed to $X in 2021, with an increase of 42% 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, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +28.7% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Oxygen-Function Amino-Compound Exports

Exports from Australia

In 2021, overseas shipments of oxygen-function amino-compounds decreased by -23.7% to X tons, falling for the fifth consecutive year after two years of growth. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by 154% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports shrank remarkably to $X in 2021. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 208%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for oxygen-function amino-compound exports from Australia, accounting for a 45% share of total exports. Moreover, oxygen-function amino-compound exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand amounted to -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+6.7% per year) and the United States (-0.2% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for oxygen-function amino-compounds exports from Australia, comprising 52% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 12% share of total exports. It was followed by the Netherlands, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand stood at -3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+10.5% per year) and the Netherlands (+83.3% per year).

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2021, shrinking by -44.5% against the previous year. In general, the export price, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2019 an increase of 412%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+50.1%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Australia

In 2021, oxygen-function amino-compound imports into Australia soared to X tons, rising by 18% against the year before. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +32.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 47%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound imports soared to $X in 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +35.4% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of oxygen-function amino-compound to Australia, accounting for a 62% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), sevenfold. The United States (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+71.9% per year) and the United States (-4.2% per year).

In value terms, China ($X) constituted the largest supplier of oxygen-function amino-compounds to Australia, comprising 50% of total imports. The second position in the ranking was taken by India ($X), with a 13% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+20.5% per year) and the United States (+0.8% per year).

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2021, with an increase of 33% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached 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 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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