Australia - Polyolefins other than Polypropylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyolefins Other than Polypropylene in Australia - 2023
Contents:
- Price for Polyolefins Other than Polypropylene in Australia (CIF) - 2023
- Price for Polyolefins Other than Polypropylene in Australia (FOB) - 2022
- Imports of Polyolefins Other than Polypropylene in Australia
- Exports of Polyolefins Other than Polypropylene in Australia
Price for Polyolefins Other than Polypropylene in Australia (CIF) - 2023
The average polyolefins other than polypropylene import price stood at $1,290 per ton in December 2023, waning by -10.9% against the previous month. Over the period under review, the import price saw a slight curtailment. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 13% against the previous month. The import price peaked at $1,580 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,934 per ton), while the price for Thailand ($1,236 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Polyolefins Other than Polypropylene in Australia (FOB) - 2022
In 2022, the average polyolefins other than polypropylene export price amounted to $2,455 per ton, with an increase of 42% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyolefins other than polypropylene export price increased by +71.0% against 2020 indices. Over the period under review, the average export prices attained the maximum at $2,479 per ton in 2018; afterwards, it flattened through to 2022.
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 Hong Kong SAR ($3,855 per ton), while the average price for exports to the UK ($1,319 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 Philippines (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyolefins Other than Polypropylene in Australia
In 2022, the amount of polyolefins other than polypropylene imported into Australia dropped to 110K tons, which is down by -6.5% on 2021 figures. Overall, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 57%. As a result, imports attained the peak of 118K tons, and then reduced in the following year.
In value terms, polyolefins other than polypropylene imports amounted to $186M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 88% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Polyolefins Other than Polypropylene in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 9.3 | 9.9 | 27.2 | 28.7 | 45.6% |
| South Korea | 20.1 | 17.0 | 23.1 | 25.3 | 8.0% |
| Singapore | 13.5 | 14.0 | 16.5 | 16.5 | 6.9% |
| United States | 6.6 | 6.3 | 10.0 | 9.9 | 14.5% |
| Malaysia | 2.0 | 1.7 | 2.0 | 2.4 | 6.3% |
| China | 2.2 | 1.2 | 3.7 | 2.3 | 1.5% |
| Others | 80.2 | 47.9 | 102 | 101 | 8.0% |
| Total | 134 | 98.1 | 184 | 186 | 11.5% |
Top Suppliers of Polyolefins Other than Polypropylene to Australia in 2022:
- Thailand (17.8K tons)
- South Korea (13.1K tons)
- Singapore (9.4K tons)
- United States (2.2K tons)
- Malaysia (1.2K tons)
- China (0.9K tons)
Exports of Polyolefins Other than Polypropylene in Australia
In 2022, overseas shipments of polyolefins other than polypropylene decreased by -62.3% to 740 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a precipitous descent. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, the exports reached the peak of 3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, polyolefins other than polypropylene exports fell significantly to $1.8M in 2022. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 4.2%. As a result, the exports reached the peak of $4.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Polyolefins Other than Polypropylene in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 955 | 1,859 | 1,514 | 655 | -11.8% |
| Hong Kong SAR | 289 | 57.2 | 104 | 209 | -10.2% |
| United States | 100 | 50.8 | 47.8 | 160 | 17.0% |
| Taiwan (Chinese) | 22.6 | 18.1 | N/A | 152 | 88.8% |
| United Kingdom | 765 | 832 | 695 | 122 | -45.8% |
| China | 352 | 233 | 107 | 101 | -34.0% |
| Indonesia | 295 | 130 | 34.8 | 80.7 | -35.1% |
| Malaysia | 363 | 403 | 129 | 45.8 | -49.8% |
| Others | 964 | 694 | 772 | 293 | -32.8% |
| Total | 4,105 | 4,278 | 3,404 | 1,818 | -23.8% |
Top Export Markets for Polyolefins Other than Polypropylene from Australia in 2022:
- New Zealand (279.3 tons)
- United Kingdom (92.3 tons)
- Taiwan (Chinese) (66.5 tons)
- China (64.7 tons)
- Hong Kong SAR (54.2 tons)
- United States (44.6 tons)
- Indonesia (36.6 tons)
- Malaysia (15.3 tons)
This report provides an in-depth analysis of the market for polyolefins other than polypropylene 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 20165150 - Polymers of propylene or of other olefins, in primary forms (excluding polypropylene)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Australia.
495
This report provides an in-depth analysis of the market for polypropylene in primary forms in Australia.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
928
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
56
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Australia.
495
This report provides an in-depth analysis of the market for polypropylene in primary forms in Australia.
39
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
928
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
264
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
666
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
