Australia - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingABS Copolymers Price in Australia - 2023
Contents:
- ABS Copolymers Price in Australia (CIF) - 2023
- ABS Copolymers Price in Australia (FOB) - 2022
- ABS Copolymers Imports in Australia
- ABS Copolymers Exports in Australia
ABS Copolymers Price in Australia (CIF) - 2023
The average ABS copolymers import price stood at $1,750 per ton in July 2023, remaining relatively unchanged against the previous month. In general, the import price, however, showed a perceptible downturn. The growth pace was the most rapid in April 2023 an increase of 44% month-to-month. Over the period under review, average import prices hit record highs at $2,763 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2,027 per ton), while the price for Indonesia ($886 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (-2.5%), while the prices for the other major suppliers experienced a decline.
ABS Copolymers Price in Australia (FOB) - 2022
The average ABS copolymers export price stood at $1,453 per ton in 2022, approximately mirroring the previous year. In general, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 35%. As a result, the export price attained the peak level of $4,773 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($6,162 per ton), while the average price for exports to Malaysia ($424 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 Hong Kong SAR (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
ABS Copolymers Imports in Australia
After three years of growth, overseas purchases of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms decreased by -17.5% to 8.6K tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of 10K tons, and then fell markedly in the following year.
In value terms, ABS copolymers imports reduced notably to $22M in 2022. In general, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 119%. As a result, imports attained the peak of $27M, and then shrank notably in the following year.
| Import of ABS Copolymers in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 7.5 | 5.8 | 11.4 | 10.3 | 11.2% |
| China | 2.1 | 2.3 | 6.6 | 5.1 | 34.4% |
| Taiwan (Chinese) | 2.1 | 2.2 | 4.5 | 3.2 | 15.1% |
| Thailand | 1.7 | 1.0 | 2.1 | 1.7 | 0.0% |
| Malaysia | 1.0 | 0.7 | 1.7 | 1.2 | 6.3% |
| Others | 0.4 | 0.3 | 0.7 | 0.2 | -20.6% |
| Total | 14.8 | 12.4 | 27.0 | 21.7 | 13.6% |
Top Suppliers of ABS Copolymers to Australia in 2022:
- South Korea (3.9K tons)
- China (2.0K tons)
- Taiwan (Chinese) (1.3K tons)
- Thailand (0.8K tons)
- Malaysia (0.5K tons)
ABS Copolymers Exports in Australia
After three years of growth, shipments abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms decreased by -7% to 310 tons in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 90%. As a result, the exports reached the peak of 333 tons, and then declined in the following year.
In value terms, ABS copolymers exports declined to $450K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 124% against the previous year. As a result, the exports attained the peak of $491K, and then contracted in the following year.
| Export of ABS Copolymers in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 34.8 | 22.3 | 108 | 249 | 92.7% |
| Turkey | N/A | N/A | N/A | 67.1 | 0% |
| China | 6.1 | 28.5 | 38.7 | 50.9 | 102.8% |
| Malaysia | 72.7 | 22.1 | 130 | 36.8 | -20.3% |
| Taiwan (Chinese) | N/A | N/A | N/A | 17.9 | 0% |
| Vietnam | N/A | N/A | N/A | 17.3 | 0% |
| Japan | N/A | 31.0 | N/A | N/A | 0% |
| Canada | N/A | 68.8 | N/A | N/A | 0% |
| Others | 4.5 | 46.9 | 214 | 10.5 | 32.6% |
| Total | 118 | 220 | 491 | 450 | 56.2% |
Top Export Markets for ABS Copolymers from Australia in 2022:
- Turkey (92.5 tons)
- Malaysia (86.7 tons)
- New Zealand (61.9 tons)
- Vietnam (35.0 tons)
- Taiwan (Chinese) (24.0 tons)
- China (8.3 tons)
This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
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.
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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
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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
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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
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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
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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
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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
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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
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