Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia - 2024

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia (CIF) - 2022
  2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,245 per ton, with an increase of 43% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The import price peaked at $2,291 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,445 per ton), while the price for China totaled $1,215 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.4%).

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $5,302 per ton in 2022, dropping by -64.1% against the previous year. Over the period under review, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 384%. The export price peaked at $14,762 per ton in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($6,212 per ton), while the average price for exports to Fiji ($1,487 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 UK (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia

For the fourth consecutive year, Australia recorded growth in purchases abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses, which increased by 0.1% to 399 tons in 2022. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 2.9% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $497K in 2022. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20122832642428.2%
India89.432.920.072.0-7.0%
Others4.23.0N/A0.9-40.2%
Total29526334649719.0%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Australia in 2022:

  1. China (349.0 tons)
  2. India (49.9 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia

Exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses from Australia soared to 7.3 tons in 2022, picking up by 1,607% compared with the previous year. Overall, exports, however, saw a perceptible contraction.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $38K in 2022. Over the period under review, exports, however, showed a sharp downturn.

Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand13.287.30.416.78.2%
MalaysiaN/AN/AN/A13.60%
French PolynesiaN/AN/AN/A5.00%
FijiN/AN/AN/A0.80%
New Caledonia5.9N/AN/AN/A0%
United Arab Emirates83.6N/AN/AN/A0%
Others0.71.05.82.348.7%
Total10388.36.338.5-28.0%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Australia in 2022:

  1. Malaysia (2.8 tons)
  2. New Zealand (2.7 tons)
  3. French Polynesia (1.2 tons)
  4. Fiji (0.5 tons)

Source: IndexBox Market Intelligence Platform

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