Australia and Oceania: Organic Pigments Market 2024

Organic Pigments Exports

Exports in Australia and Oceania

In 2023, the amount of synthetic organic coloring matter and pigments exported in Australia and Oceania contracted remarkably to X tons, with a decrease of X% compared with 2022. Overall, exports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, organic pigments exports reduced dramatically to $X in 2023. In general, exports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

Exports by Country

Australia represented the main exporter of synthetic organic coloring matter and pigments in Australia and Oceania, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. It was distantly followed by New Zealand (X tons), committing a X% share of total exports.

Australia was also the fastest-growing in terms of the synthetic organic coloring matter and pigments exports, with a CAGR of X% from 2012 to 2023. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest organic pigments supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, organic pigments exports decreased by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, rising by X% against the previous year. Over the period under review, the export price, however, showed a slight decrease. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Organic Pigments Imports

Imports in Australia and Oceania

In 2023, imports of synthetic organic coloring matter and pigments in Australia and Oceania declined dramatically to X tons, with a decrease of X% compared with 2022. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, organic pigments imports dropped sharply to $X in 2023. Overall, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Australia (X tons) was the key importer of synthetic organic coloring matter and pigments, constituting X% of total imports. Fiji (X tons) held the second position in the ranking, followed by New Zealand (X tons) and Papua New Guinea (X tons). All these countries together held approx. X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Papua New Guinea (X%) and Fiji (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, New Zealand (X%) illustrated a downward trend over the same period. While the share of Fiji (X p.p.) and Papua New Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Australia (X p.p.) and New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported synthetic organic coloring matter and pigments in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Australia totaled X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, growing by X% against the previous year. Import price indicated a buoyant expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, organic pigments import price increased by X% against 2021 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform