Australia: Polycarboxylic Acid Market 2025

Polycarboxylic Acid Market Size in Australia

In 2022, the Australian polycarboxylic acid market increased by 2.7% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +61.2% against 2020 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Polycarboxylic Acid Exports

Exports from Australia

In 2022, approx. X tons of polycarboxylic acids were exported from Australia; increasing by 34% compared with 2021. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 306% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, polycarboxylic acid exports soared to $X in 2022. Overall, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of 115%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for polycarboxylic acid exports from Australia, accounting for a approx. 97% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to New Zealand amounted to +39.5%.

In value terms, New Zealand ($X) also remains the key foreign market for polycarboxylic acids exports from Australia.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand amounted to +27.3%.

Export Prices by Country

In 2022, the average polycarboxylic acid export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 16% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to -8.8% per year.

Polycarboxylic Acid Imports

Imports into Australia

Polycarboxylic acid imports into Australia contracted modestly to X tons in 2022, with a decrease of -3.1% compared with 2021 figures. The total import volume increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports attained the peak of X tons, and then declined modestly in the following year.

In value terms, polycarboxylic acid imports expanded markedly to $X in 2022. Overall, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 75% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons) were the main suppliers of polycarboxylic acid imports to Australia, together comprising 85% of total imports. India, Japan, Germany, the United States, Spain and Malaysia lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +35.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polycarboxylic acid suppliers to Australia were China ($X), Taiwan (Chinese) ($X) and South Korea ($X), with a combined 82% share of total imports. India, the United States, Germany, Japan, Spain and Malaysia lagged somewhat behind, together accounting for a further 15%.

Among the main suppliers, India, with a CAGR of +22.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polycarboxylic acid import price stood at $X per ton in 2022, rising by 11% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 54% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :