Australia - Salts Of Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salts of Acetic Acid in Australia - 2023
Contents:
- Price for Salts of Acetic Acid in Australia (CIF) - 2023
- Price for Salts of Acetic Acid in Australia (FOB) - 2022
- Imports of Salts of Acetic Acid in Australia
- Exports of Salts of Acetic Acid in Australia
Price for Salts of Acetic Acid in Australia (CIF) - 2023
The average salts of acetic acid import price stood at $1,422 per ton in July 2023, with a decrease of -58.6% against the previous month. Over the period under review, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 103% month-to-month. The import price peaked at $3,432 per ton in June 2023, and then declined dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,898 per ton), while the price for China stood at $1,143 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-5.2%).
Price for Salts of Acetic Acid in Australia (FOB) - 2022
In 2022, the average salts of acetic acid export price amounted to $4,530 per ton, waning by -6.6% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of 162% against the previous year. The export price peaked at $7,919 per ton in 2012; however, from 2013 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 Papua New Guinea ($21,621 per ton), while the average price for exports to Indonesia ($1,408 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 Bangladesh (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Salts of Acetic Acid in Australia
In 2022, salts of acetic acid imports into Australia soared to 3.2K tons, jumping by 31% compared with the year before. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 35% 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, salts of acetic acid imports surged to $7.2M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Salts of Acetic Acid in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 2.7 | 3.8 | 6.7 | 44.9% |
| Germany | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| United States | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 2.7 | 3.2 | 4.3 | 7.2 | 38.7% |
Top Suppliers of Salts of Acetic Acid to Australia in 2022:
- China (3121.8 tons)
- United States (36.3 tons)
- Germany (35.4 tons)
Exports of Salts of Acetic Acid in Australia
In 2022, shipments abroad of salts of acetic acid decreased by -55.7% to 11 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 62%. As a result, the exports reached the peak of 63 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, salts of acetic acid exports declined dramatically to $50K in 2022. In general, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year.
| Export of Salts of Acetic Acid in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.7 | N/A | 14.9 | 14.6 | 75.5% |
| Bangladesh | 28.1 | 22.2 | 9.2 | 13.7 | -21.3% |
| New Zealand | 66.3 | 91.2 | 59.3 | 11.9 | -43.6% |
| United States | 1.4 | N/A | N/A | 4.5 | 47.6% |
| Indonesia | N/A | N/A | N/A | 2.1 | 0% |
| Others | 3.2 | 2.8 | 37.9 | 3.5 | 3.0% |
| Total | 102 | 116 | 121 | 50.2 | -21.0% |
Top Export Markets for Salts of Acetic Acid from Australia in 2022:
- New Zealand (4.7 tons)
- Thailand (2.6 tons)
- Indonesia (1.5 tons)
- United States (1.2 tons)
- Bangladesh (0.8 tons)
This report provides an in-depth analysis of the market for salts of acetic acid 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 20143278 - Salts of acetic acid
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
-
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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