Australia: Sulphonamides Market 2025

Sulphonamides Market Size in Australia

In 2021, after two years of decline, there was significant growth in the Australian sulphonamides market, when its value increased by 56% to $X. Overall, consumption, however, showed a deep downturn. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Sulphonamides Exports

Exports from Australia

In 2021, the amount of sulphonamides exported from Australia skyrocketed to X kg, jumping by 481% compared with 2020. Over the period under review, exports, however, continue to indicate a sharp decline. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, sulphonamides exports surged to $X in 2021. In general, exports, however, saw a sharp setback. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X kg), the United States (X kg) and Canada (X kg) were the main destinations of sulphonamides exports from Australia, with a combined 75% share of total exports. Singapore and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +159.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sulphonamides exported from Australia were New Zealand ($X), the United States ($X) and Canada ($X), together accounting for 80% of total exports. Taiwan (Chinese) and Singapore lagged somewhat behind, together accounting for a further 19%.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of +16.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sulphonamides export price stood at $X per ton in 2021, growing by 41% against the previous year. In general, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sulphonamides export price increased by +119.6% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 49%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Singapore ($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 (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphonamides Imports

Imports into Australia

In 2021, approx. X tons of sulphonamides were imported into Australia; increasing by 45% compared with the previous year's figure. In general, imports, however, showed a deep downturn. The growth pace was the most rapid in 2016 when imports increased by 91% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, sulphonamides imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 227%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest sulphonamides supplier to Australia, accounting for a 68% share of total imports. Moreover, sulphonamides imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was held by Japan (X tons), with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-3.6% per year) and Japan (+118.0% per year).

In value terms, the largest sulphonamides suppliers to Australia were India ($X), China ($X) and Japan ($X), together accounting for 92% of total imports.

Japan, with a CAGR of +120.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average sulphonamides import price amounted to $X per ton, rising by 25% against the previous year. In general, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 71%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for Indonesia ($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 (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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