Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia - 2023
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia (CIF) - 2023
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia (FOB) - 2022
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia (CIF) - 2023
In July 2023, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $912 per ton, declining by -37.9% against the previous month. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 65% against the previous month. The import price peaked at $1,727 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From August 2022 to July 2023, the rate of growth in terms of prices for South Korea amounted to -0.3% per month.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia (FOB) - 2022
The average export price for cyclic hydrocarbons; mixed xylene isomerses stood at $3,106 per ton in 2022, reducing by -37% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 64%. The export price peaked at $6,189 per ton in 2014; however, from 2015 to 2022, the 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 New Caledonia ($4,451 per ton), while the average price for exports to New Zealand stood at $2,408 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia
In 2022, after two years of decline, there was significant growth in supplies from abroad of cyclic hydrocarbons; mixed xylene isomerses, when their volume increased by 513% to 5.3K tons. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports skyrocketed to $5.3M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 151 | 115 | 30.5 | 4,956 | 220.2% |
| Singapore | 309 | 197 | 341 | 192 | -14.7% |
| Thailand | 60.0 | 84.5 | 406 | 79.8 | 10.0% |
| Vietnam | 236 | N/A | N/A | 70.0 | -33.3% |
| Japan | 151 | 273 | 39.4 | N/A | -48.9% |
| Others | 72.5 | 57.2 | 49.5 | 31.9 | -23.9% |
| Total | 980 | 726 | 867 | 5,329 | 75.8% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Australia in 2022:
- Thailand (undefinedK tons)
- Vietnam (undefinedK tons)
- South Korea (5.1K tons)
- Singapore (0.1K tons)
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia
In 2022, the amount of cyclic hydrocarbons; mixed xylene isomerses exported from Australia reduced notably to 8.5 tons, falling by -34.3% on the year before. Overall, exports saw a slight downturn. The pace of growth was the most pronounced in 2021 when exports increased by 357% against the previous year. As a result, the exports reached the peak of 13 tons, and then contracted markedly in the following year.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports contracted rapidly to $26K in 2022. Over the period under review, exports, however, posted a mild expansion. The pace of growth appeared the most rapid in 2021 with an increase of 648% against the previous year. As a result, the exports reached the peak of $64K, and then contracted dramatically in the following year.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 16.0 | 8.2 | 39.4 | 13.7 | -5.0% |
| New Caledonia | 1.2 | N/A | 2.0 | 12.1 | 116.0% |
| Fiji | 5.7 | N/A | 14.9 | N/A | 61.7% |
| Others | 2.1 | 0.3 | 7.4 | 0.7 | -30.7% |
| Total | 25.1 | 8.5 | 63.7 | 26.4 | 1.7% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Australia in 2022:
- New Zealand (5.7 tons)
- New Caledonia (2.7 tons)
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