Australia - Ethyl Alcohol - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSharp Decrease in Australia's Ethanol Exports to $5M in October 2023
Australia Ethanol Exports
In October 2023, overseas shipments of ethyl alcohol decreased by -51.3% to 4.5M litres for the first time since July 2023, thus ending a two-month rising trend. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in June 2023 when exports increased by 43% m-o-m. The exports peaked at 10M litres in December 2022; however, from January 2023 to October 2023, the exports failed to regain momentum.
In value terms, ethanol exports fell notably to $5M (IndexBox estimates) in October 2023. Over the period under review, exports showed a noticeable contraction. The pace of growth was the most pronounced in June 2023 when exports increased by 44% against the previous month. The exports peaked at 11M litres in December 2022; however, from January 2023 to October 2023, the exports failed to regain momentum.
| COUNTRY | Export Value of Ethanol in Australia (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| Taiwan (Chinese) | 1.5 | 1.8 | 1.4 | 1.4 | 0.3 | 1.2 | 0.6 | 0.5 | 0.5 | 0.9 | 0.5 | 0.7 | 1.0 |
| United States | 0.1 | N/A | 0.5 | 0.2 | N/A | 0.3 | 0.6 | 0.6 | 0.2 | 0.5 | N/A | 0.4 | 1.0 |
| Japan | 0.7 | 0.4 | 0.6 | 0.5 | 0.7 | 1.7 | 1.0 | 1.0 | 0.8 | 0.5 | 0.6 | 0.9 | 0.7 |
| New Zealand | 0.3 | 0.7 | < 0.1 | 0.4 | 0.2 | 0.3 | 0.5 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.7 |
| Thailand | 0.8 | N/A | 0.5 | 0.3 | 0.3 | < 0.1 | 0.2 | 0.3 | 0.8 | 0.6 | 1.1 | 0.6 | 0.6 |
| Malaysia | 0.2 | 0.2 | 0.4 | 0.5 | 0.2 | 0.3 | 0.2 | N/A | 0.3 | 0.2 | 0.4 | 0.3 | 0.3 |
| Philippines | 5.0 | 6.9 | 7.3 | 4.1 | 4.5 | 4.6 | 2.5 | 2.7 | N/A | 3.0 | 5.8 | 6.7 | < 0.1 |
| Others | 0.1 | 0.4 | 0.3 | 0.4 | 0.7 | 1.1 | 0.8 | 0.6 | 5.6 | 0.5 | 0.4 | 0.4 | 0.5 |
| Total | 8.7 | 10.4 | 11.0 | 7.7 | 6.9 | 9.5 | 6.5 | 5.9 | 8.5 | 6.4 | 9.1 | 10.1 | 5.0 |
Exports by Country
The United States (915K litres), Taiwan (Chinese) (910K litres) and New Zealand (669K litres) were the main destinations of ethanol exports from Australia, with a combined 56% share of total exports.
From October 2022 to October 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +19.2%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($1M), Taiwan (Chinese) ($1M) and New Zealand ($739K) appeared to be the largest markets for ethanol exported from Australia worldwide, with a combined 56% share of total exports.
Among the main countries of destination, the United States, with a CAGR of +19.8%, saw 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.
Exports by Type
Undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % (3.6M litres) was the largest type of ethanol exported from Australia, with a 80% share of total exports. Moreover, undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % exceeded the volume of the second product type, denatured ethyl alcohol and other denatured spirits (871K litres), fourfold.
From October 2022 to October 2023, the average monthly growth rate of the volume of export of undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % stood at -6.1%.
In value terms, undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % ($4M) remains the largest type of ethanol exported from Australia, comprising 80% of total exports. The second position in the ranking was held by denatured ethyl alcohol and other denatured spirits ($998K), with a 20% share of total exports.
From October 2022 to October 2023, the average monthly growth rate of the export volume of undenatured ethyl alcohol of an alcoholic strength by volume more than 80 % amounted to -5.7%.
Export Prices by Country
In October 2023, the ethanol price stood at $1.1 per litre (FOB, Australia), almost unchanged from the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average export price increased by 4.3% m-o-m. Over the period under review, the average export prices reached the maximum in October 2023.
Average prices varied noticeably for the major external markets. In October 2023, the countries with the highest prices were Malaysia ($1.1 per litre) and Thailand ($1.1 per litre), while the average price for exports to Japan ($1.1 per litre) and the Philippines ($1.1 per litre) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the ethanol market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147400 - Undenatured ethyl alcohol of an alcoholic strength by volume. .80 % (important: excluding alcohol duty)
- Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
