Australia - Fluoropolymers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Fluoropolymers - Market Analysis, Forecast, Size, Trends And Insights

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Fluoropolymers Price in Australia - 2023

Contents:

  1. Fluoropolymers Price in Australia (CIF) - 2023
  2. Fluoropolymers Price in Australia (FOB) - 2023
  3. Fluoropolymers Imports in Australia
  4. Fluoropolymers Exports in Australia

Fluoropolymers Price in Australia (CIF) - 2023

The average fluoropolymers import price stood at $23,112 per ton in September 2023, rising by 100% against the previous month. Over the period under review, the import price saw a temperate expansion. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 101% month-to-month. As a result, import price reached the peak level of $38,393 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($65,962 per ton), while the price for China ($14,114 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Fluoropolymers Price in Australia (FOB) - 2023

The average fluoropolymers export price stood at $14,449 per ton in September 2023, increasing by 12% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 50% against the previous month. As a result, the export price reached the peak level of $18,773 per ton. From May 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($15,899 per ton), while the average price for exports to India stood at $9,259 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+18.0%), while the prices for the other major destinations experienced mixed trend patterns.

Fluoropolymers Imports in Australia

After three years of growth, overseas purchases of fluoropolymers decreased by -18.3% to 428 tons in 2022. Over the period under review, imports showed a perceptible curtailment. The growth pace was the most rapid in 2021 when imports increased by 6.9% against the previous year. As a result, imports reached the peak of 523 tons, and then contracted remarkably in the following year.

In value terms, fluoropolymers imports soared to $10M in 2022. The total import value increased at an average annual rate of +13.5% from 2019 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.

Import of Fluoropolymers in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.22.82.24.325.0%
China1.81.63.43.018.6%
United States1.12.21.01.35.7%
ItalyN/AN/A0.40.3-25.0%
Japan1.10.50.40.3-35.2%
BelgiumN/AN/A0.20.1-50.0%
Others0.70.40.30.70.0%
Total6.87.67.910.013.7%

Top Suppliers of Fluoropolymers to Australia in 2022:

  1. China (207.8 tons)
  2. France (129.5 tons)
  3. United States (34.5 tons)
  4. Japan (10.7 tons)
  5. Belgium (10.0 tons)
  6. Italy (9.6 tons)

Fluoropolymers Exports in Australia

In 2022, shipments abroad of fluoropolymers decreased by -56.9% to 96 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 21%. As a result, the exports reached the peak of 222 tons, and then contracted sharply in the following year.

In value terms, fluoropolymers exports reduced to $1.3M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports attained the peak of $1.5M, and then declined in the following year.

Export of Fluoropolymers in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea35043055163522.0%
India519468361426-6.4%
Thailand10131.246.31144.1%
New Zealand34.617513980.732.6%
Taiwan (Chinese)84.259.559.022.0-36.1%
Papua New Guinea38.620.5N/A4.6-50.8%
United States1.5N/A2823.330.1%
Malaysia63.832.68.0N/A-64.6%
Others84.920.633.139.5-22.5%
Total1,2771,2391,4811,3251.2%

Top Export Markets for Fluoropolymers from Australia in 2022:

  1. South Korea (40.1 tons)
  2. India (32.4 tons)
  3. New Zealand (11.7 tons)
  4. Thailand (5.9 tons)
  5. Taiwan (Chinese) (2.4 tons)
  6. United States (1.3 tons)
  7. Papua New Guinea (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fluoropolymers 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 20163060 - Fluoropolymers

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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