Australia - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Price for Polypropylene in Primary Forms in Australia - 2023

Contents:

  1. Price for Polypropylene in Primary Forms in Australia (FOB) - 2022
  2. Price for Polypropylene in Primary Forms in Australia (CIF) - 2022
  3. Exports of Polypropylene in Primary Forms in Australia
  4. Imports of Polypropylene in Primary Forms in Australia

Price for Polypropylene in Primary Forms in Australia (FOB) - 2022

The average polypropylene in primary forms export price stood at $1,297 per ton in 2022, which is down by -7.2% against the previous year. Over the period under review, the export price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 28%. The export price peaked at $1,566 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,559 per ton), while the average price for exports to Taiwan (Chinese) ($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 Indonesia (-0.9%), while the prices for the other major destinations experienced a decline.

Price for Polypropylene in Primary Forms in Australia (CIF) - 2022

Australia has no trade partners to describe.

Exports of Polypropylene in Primary Forms in Australia

In 2022, the amount of polypropylene in primary forms exported from Australia contracted remarkably to 23K tons, with a decrease of -58.6% against the previous year. Overall, exports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year.

In value terms, polypropylene in primary forms exports shrank notably to $30M in 2022. In general, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 160%. As a result, the exports reached the peak of $78M, and then fell significantly in the following year.

Export of Polypropylene in Primary Forms in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia31.115.038.718.8-15.4%
New Zealand6.13.16.04.2-11.7%
Vietnam12.24.07.03.6-33.4%
China14.64.03.11.4-54.2%
United States0.1N/A4.01.3135.1%
Taiwan (Chinese)0.20.10.20.1-20.6%
Malaysia3.71.31.70.1-70.0%
Thailand3.41.13.4N/A0.0%
India1.90.32.9N/A23.5%
Others3.01.311.30.5-45.0%
Total76.230.178.330.1-26.6%

Top Export Markets for Polypropylene in Primary Forms from Australia in 2022:

  1. India (undefinedK tons)
  2. Thailand (undefinedK tons)
  3. Indonesia (13.4K tons)
  4. New Zealand (4.5K tons)
  5. Vietnam (2.9K tons)
  6. China (1.0K tons)
  7. Taiwan (Chinese) (0.5K tons)
  8. United States (0.5K tons)
  9. Malaysia (0.1K tons)

Imports of Polypropylene in Primary Forms in Australia

For the fourth year in a row, Australia recorded growth in supplies from abroad of polypropylene in primary forms, which increased by 25% to 38K tons in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, polypropylene in primary forms imports surged to $59M in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Polypropylene in Primary Forms in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.2N/AN/AN/A0%
OmanN/AN/A0.5N/A0%
China0.4N/AN/AN/A0%
United Arab Emirates2.24.05.4N/A56.7%
Taiwan (Chinese)0.2N/AN/AN/A0%
Others26.022.336.659.431.7%
Total29.126.342.559.426.9%

Top Suppliers of Polypropylene in Primary Forms to Australia in 2022:

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, 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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