Australia - Melamine Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 2, 2024

Australia - Melamine Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Melamine Resins Price in Australia - 2023

Contents:

  1. Melamine Resins Price in Australia (CIF) - 2023
  2. Melamine Resins Price in Australia (FOB) - 2022
  3. Melamine Resins Imports in Australia
  4. Melamine Resins Exports in Australia

Melamine Resins Price in Australia (CIF) - 2023

The average melamine resins import price stood at $2,822 per ton in July 2023, rising by 48% against the previous month. In general, import price indicated a mild increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, melamine resins import price increased by +53.5% against April 2023 indices. The pace of growth was the most pronounced in January 2023 an increase of 87% m-o-m. As a result, import price reached the peak level of $3,318 per ton. From February 2023 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($23,432 per ton), while the price for China ($1,537 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 Japan (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Melamine Resins Price in Australia (FOB) - 2022

In 2022, the average melamine resins export price amounted to $16,252 per ton, growing by 851% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($76,799 per ton), while the average price for exports to New Zealand ($3,619 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 the United States (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Melamine Resins Imports in Australia

In 2022, the amount of melamine resins in primary forms imported into Australia totaled 1.9K tons, surging by 7.9% on the year before. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, melamine resins imports surged to $4.8M in 2022. The total import value increased at an average annual rate of +10.3% 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 Melamine Resins in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A1261,4152,325329.6%
United Kingdom7565465718493.9%
Japan18327.823970056.4%
Taiwan (Chinese)17912933037227.6%
United States1,9741,098965257-49.3%
Egypt62.528.464.596.615.6%
Norway14494642.414.9-53.1%
Others277340304181-13.2%
Total3,5753,2423,9314,79410.3%

Top Suppliers of Melamine Resins to Australia in 2022:

  1. China (1191.5 tons)
  2. Japan (289.3 tons)
  3. United Kingdom (161.9 tons)
  4. Taiwan (Chinese) (148.2 tons)
  5. United States (57.8 tons)
  6. Egypt (30.0 tons)
  7. Norway (14.3 tons)

Melamine Resins Exports in Australia

For the third year in a row, Australia recorded decline in overseas shipments of melamine resins in primary forms, which decreased by -88.9% to 907 kg in 2022. In general, exports saw a dramatic descent. The smallest decline of -27.9% was in 2020.

In value terms, melamine resins exports rose sharply to $15K in 2022. Over the period under review, exports showed a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of 55%. As a result, the exports reached the peak of $102K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Melamine Resins in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A10.70%
Papua New GuineaN/AN/AN/A3.30%
New Zealand7.22.612.20.8-51.9%
South Korea53.5N/AN/AN/A0%
NorwayN/A13.6N/AN/A0%
China5.2N/A1.8N/A-41.2%
New CaledoniaN/A86.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total66.010214.014.7-39.4%

Top Export Markets for Melamine Resins from Australia in 2022:

  1. Papua New Guinea (550.0 kg)
  2. New Zealand (218.0 kg)
  3. United States (139.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the melamine resins 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 20165570 - Melamine resins, 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:

  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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