Australia - Sodium Hydroxide In Aqueous Solution (Soda Lye Or Liquid Soda) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 23, 2024

Australia - Sodium Hydroxide In Aqueous Solution (Soda Lye Or Liquid Soda) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Caustic Soda in Aqueous Solution (Soda Lye) in Australia - 2023

Contents:

  1. Price for Caustic Soda in Aqueous Solution (Soda Lye) in Australia (CIF) - 2023
  2. Price for Caustic Soda in Aqueous Solution (Soda Lye) in Australia (FOB) - 2022
  3. Imports of Caustic Soda in Aqueous Solution (Soda Lye) in Australia
  4. Exports of Caustic Soda in Aqueous Solution (Soda Lye) in Australia

Price for Caustic Soda in Aqueous Solution (Soda Lye) in Australia (CIF) - 2023

In November 2023, the average import price for caustic soda in aqueous solution (soda lye) amounted to $448 per ton, increasing by 28% against the previous month. Over the period under review, the import price, however, showed a noticeable curtailment. The import price peaked at $781 per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($984 per ton), while the price for the United States ($317 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced a decline.

Price for Caustic Soda in Aqueous Solution (Soda Lye) in Australia (FOB) - 2022

In 2022, the average export price for caustic soda in aqueous solution (soda lye) amounted to $842 per ton, with a decrease of -49.2% against the previous year. In general, the export price, however, continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 161% against the previous year. As a result, the export price attained the peak level of $1,659 per ton, and then reduced sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($1,422 per ton), while the average price for exports to New Caledonia ($432 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 Papua New Guinea (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Caustic Soda in Aqueous Solution (Soda Lye) in Australia

In 2022, approx. 31M tons of caustic soda in aqueous solution (soda lye) were imported into Australia; with an increase of 778% against the year before. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of caustic soda in aqueous solution (soda lye) surged to $7B in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Caustic Soda in Aqueous Solution (Soda Lye) in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)11892.21661,455131.0%
Japan92.298.61641,435149.7%
China59.345.61371,206173.0%
United States15786.11291,12392.7%
South Korea73.570.497.5855126.6%
Saudi Arabia69.889.296.8850130.1%
Others6.64.87.986.4135.7%
Total5764877997,010130.0%

Top Suppliers of Caustic Soda in Aqueous Solution (Soda Lye) to Australia in 2022:

  1. Taiwan (Chinese) (8.2M tons)
  2. Japan (7.7M tons)
  3. United States (4.7M tons)
  4. Saudi Arabia (3.8M tons)
  5. China (3.8M tons)
  6. South Korea (2.4M tons)

Exports of Caustic Soda in Aqueous Solution (Soda Lye) in Australia

In 2022, exports of caustic soda in aqueous solution (soda lye) from Australia soared to 552 tons, rising by 87% against the year before. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,516% against the previous year. As a result, the exports attained the peak of 1.5K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of caustic soda in aqueous solution (soda lye) contracted to $465K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,425% against the previous year. As a result, the exports reached the peak of $982K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Caustic Soda in Aqueous Solution (Soda Lye) in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New Guinea12.042262.1266180.9%
New Zealand1.430711189.6300.0%
New Caledonia1.919410578.1245.1%
NetherlandsN/AN/A122N/A0%
Others23.659.390.731.610.2%
Total38.9982490465128.6%

Top Export Markets for Caustic Soda in Aqueous Solution (Soda Lye) from Australia in 2022:

  1. Papua New Guinea (300.3 tons)
  2. New Caledonia (180.9 tons)
  3. New Zealand (63.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) 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 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)

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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