Australia: Peroxides Of Sodium Market 2024

Peroxides Of Sodium Market Size in Australia

In 2021, the Australian peroxides of sodium market decreased by -10.2% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, posted a prominent increase. Peroxides of sodium consumption peaked at $X in 2020, and then declined in the following year.

Peroxides Of Sodium Production in Australia

In value terms, peroxides of sodium production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 37%. Peroxides of sodium production peaked at $X in 2020, and then declined slightly in the following year.

Peroxides Of Sodium Exports

Exports from Australia

In 2021, shipments abroad of peroxides of sodium or potassium increased by 252% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a deep slump. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, peroxides of sodium exports surged to $X in 2021. In general, exports, however, recorded a deep setback. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

New Caledonia (X tons), Solomon Islands (X tons) and Indonesia (X kg) were the main destinations of peroxides of sodium exports from Australia, with a combined 96% share of total exports. These countries were followed by Lao People's Democratic Republic, which accounted for a further 4.5%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lao People's Democratic Republic (with a CAGR of +133.6%), while the other leaders experienced more modest paces of growth.

In value terms, New Caledonia ($X) remains the key foreign market for peroxides of sodium or potassium exports from Australia, comprising 58% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a 16% share of total exports. It was followed by Indonesia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Caledonia totaled -11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+78.7% per year) and Indonesia (+69.0% per year).

Export Prices by Country

The average peroxides of sodium export price stood at $X per ton in 2021, dropping by -10.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 118%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Lao People's Democratic Republic ($X per ton), while the average price for exports to Solomon Islands ($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 New Zealand (+6.7%), while the prices for the other major destinations experienced a decline.

Peroxides Of Sodium Imports

Imports into Australia

In 2021, approx. X tons of peroxides of sodium or potassium were imported into Australia; with a decrease of -5.9% on 2020. In general, imports, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2016 when imports increased by 259% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, peroxides of sodium imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2016 when imports increased by 269% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, France (X tons) constituted the largest peroxides of sodium supplier to Australia, accounting for a 74% share of total imports. Moreover, peroxides of sodium imports from France exceeded the figures recorded by the second-largest supplier, Germany (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +12.8%.

In value terms, France ($X) constituted the largest supplier of peroxides of sodium or potassium to Australia, comprising 91% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +15.9%.

Import Prices by Country

In 2021, the average peroxides of sodium import price amounted to $X per ton, picking up by 47% against the previous year. Over the period under review, the import price recorded a mild increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 104% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+71.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :