Australia - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSilicone Price in Australia - 2023
Contents:
- Silicone Price in Australia (CIF) - 2022
- Silicone Price in Australia (FOB) - 2022
- Silicone Imports in Australia
- Silicone Exports in Australia
Silicone Price in Australia (CIF) - 2022
The average silicone import price stood at $7,561 per ton in 2022, picking up by 13% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicone import price increased by +20.4% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 45% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($17,166 per ton), while the price for China ($5,919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicone Price in Australia (FOB) - 2022
In 2022, the average silicone export price amounted to $7,650 per ton, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2020 when the average export price increased by 26% against the previous year. As a result, the export price attained the peak level of $8,285 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
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 Taiwan (Chinese) ($24,496 per ton), while the average price for exports to Indonesia ($2,757 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 (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Silicone Imports in Australia
For the fourth consecutive year, Australia recorded growth in overseas purchases of silicones (in primary forms), which increased by 22% to 6.3K tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 +63.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicone imports soared to $48M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicone in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 4.5 | 9.3 | 16.6 | 71.3% |
| Germany | 7.9 | 7.8 | 8.6 | 10.1 | 8.5% |
| United States | 6.9 | 7.7 | 8.6 | 8.9 | 8.9% |
| South Korea | 1.6 | 2.3 | 2.3 | 3.2 | 26.0% |
| Thailand | 0.8 | 0.8 | 1.1 | 1.8 | 31.0% |
| Japan | 0.8 | 1.3 | 0.9 | 1.6 | 26.0% |
| United Kingdom | 1.0 | 0.7 | 1.0 | 1.2 | 6.3% |
| Belgium | 0.3 | 0.3 | 0.4 | 0.6 | 26.0% |
| Others | 1.9 | 2.1 | 2.5 | 3.8 | 26.0% |
| Total | 24.4 | 27.4 | 34.6 | 47.9 | 25.2% |
Top Suppliers of Silicone to Australia in 2022:
- China (2804.1 tons)
- Germany (1568.3 tons)
- United States (632.6 tons)
- South Korea (352.6 tons)
- Thailand (238.9 tons)
- Japan (219.5 tons)
- United Kingdom (193.3 tons)
- Belgium (77.7 tons)
Silicone Exports in Australia
In 2022, after two years of decline, there was significant growth in shipments abroad of silicones (in primary forms), when their volume increased by 8.9% to 635 tons. Overall, exports, however, saw a abrupt decrease.
In value terms, silicone exports expanded sharply to $4.9M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Silicone in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,862 | 1,412 | 1,605 | 1,499 | -7.0% |
| Malaysia | 593 | 634 | 990 | 876 | 13.9% |
| China | 148 | 41.5 | 22.2 | 412 | 40.7% |
| United Arab Emirates | 72.4 | 53.1 | 4.3 | 379 | 73.6% |
| Taiwan (Chinese) | 406 | 1,269 | 495 | 369 | -3.1% |
| Papua New Guinea | 668 | 496 | 607 | 347 | -19.6% |
| Indonesia | 83.9 | 123 | 138 | 341 | 59.6% |
| Fiji | 41.6 | 30.0 | 25.1 | 150 | 53.3% |
| United States | 450 | 472 | 196 | 94.3 | -40.6% |
| Others | 568 | 498 | 392 | 395 | -11.4% |
| Total | 4,893 | 5,029 | 4,474 | 4,861 | -0.2% |
Top Export Markets for Silicone from Australia in 2022:
- Malaysia (187.0 tons)
- New Zealand (144.0 tons)
- Indonesia (123.6 tons)
- United Arab Emirates (50.2 tons)
- China (34.5 tons)
- Papua New Guinea (20.1 tons)
- Fiji (16.3 tons)
- Taiwan (Chinese) (15.1 tons)
- United States (3.8 tons)
This report provides an in-depth analysis of the silicone market 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 20165700 - Silicones, 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:
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
629
This report provides an in-depth analysis of the silicone market in Australia.
397
This report provides an in-depth analysis of the electric lamp market in Australia.
313
This report provides an in-depth analysis of the cellulose pulp machinery market in Australia.
364
This report provides an in-depth analysis of the sealed beam market in Australia.
3266
This report provides an in-depth analysis of the global silicone market.
1460
This report provides an in-depth analysis of the global electric lamp market.
461
This report provides an in-depth analysis of the global cellulose pulp machinery market.
578
This report provides an in-depth analysis of the global sealed beam market.
629
This report provides an in-depth analysis of the silicone market in Australia.
3266
This report provides an in-depth analysis of the global silicone market.
317
In April 2023, the silicone price amounted to $5,916 per ton (CIF, Australia), remaining stable against the previous month.
62
Discover the top countries driving the global import market for silicone. From China to the United States, learn about the key players in the silicone industry.
1604
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
1769
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
1288
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
751
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
1444
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y
317
In April 2023, the silicone price amounted to $5,916 per ton (CIF, Australia), remaining stable against the previous month.
62
Discover the top countries driving the global import market for silicone. From China to the United States, learn about the key players in the silicone industry.
1604
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
