Australia: Ethylene Polymer Bag Market 2025

Ethylene Polymer Bag Market Size in Australia

For the third consecutive year, the Australian ethylene polymer bag market recorded growth in sales value, which increased by 18% to $X in 2022. The market value increased at an average annual rate of +4.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ethylene Polymer Bag Exports

Exports from Australia

In 2022, overseas shipments of sacks and bags of polymers of ethylene increased by 40% to X tons, rising for the second year in a row after three years of decline. In general, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ethylene polymer bag exports skyrocketed to $X in 2022. Overall, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 48% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

New Zealand (X tons) was the main destination for ethylene polymer bag exports from Australia, with a 57% share of total exports. Moreover, ethylene polymer bag exports to New Zealand exceeded the volume sent to the second major destination, Japan (X tons), threefold. Singapore (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand stood at +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+6.9% per year) and Singapore (+5.7% per year).

In value terms, New Zealand ($X) remains the key foreign market for sacks and bags of polymers of ethylene exports from Australia, comprising 54% of total exports. The second position in the ranking was taken by Japan ($X), with a 23% share of total exports. It was followed by Singapore, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+3.0% per year) and Singapore (+1.5% per year).

Export Prices by Country

In 2022, the average ethylene polymer bag export price amounted to $X per ton, declining by -2% against the previous year. Overall, the export price saw a mild shrinkage. The growth pace was the most rapid in 2020 an increase of 9.4% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 the United States (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Polymer Bag Imports

Imports into Australia

In 2022, purchases abroad of sacks and bags of polymers of ethylene increased by 7.1% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.6%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, ethylene polymer bag imports soared to $X in 2022. The total import value increased at an average annual rate of +4.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of ethylene polymer bag imports to Australia, with a combined 81% share of total imports. Vietnam and Germany lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +40.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and Thailand ($X) constituted the largest ethylene polymer bag suppliers to Australia, with a combined 78% share of total imports. Vietnam and Germany lagged somewhat behind, together accounting for a further 9.9%.

Germany, with a CAGR of +36.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ethylene polymer bag import price stood at $X per ton in 2022, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. 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 Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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