Australia and Oceania: Alcohols Market 2024

Alcohols Market Size in Australia and Oceania

The alcohols market in Australia and Oceania amounted to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2020, the growth of the market remained at a lower figure.

Alcohols Production in Australia and Oceania

In value terms, alcohols production contracted to $X in 2020 estimated in export price. Overall, production saw a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2020, production growth remained at a lower figure.

Alcohols Exports

Exports in Australia and Oceania

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons, falling for the fifth year in a row after four years of growth. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2020, the growth of the exports remained at a lower figure.

In value terms, alcohols exports declined sharply to $X in 2020. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand prevails in exports structure, amounting to X tons, which was near X% of total exports in 2020. Australia (X tons) followed a long way behind the leaders.

Exports from New Zealand decreased at an average annual rate of X% from 2012 to 2020. Australia (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest alcohols supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value in New Zealand amounted to X%.

Export Prices by Country

In 2020, the export price in Australia and Oceania amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2020, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Australia (X%).

Alcohols Imports

Imports in Australia and Oceania

In 2020, overseas purchases of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, alcohols imports expanded significantly to $X in 2020. In general, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

Australia represented the main importer of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Australia and Oceania, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2020. It was distantly followed by New Zealand (X tons), achieving a X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2020. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2020. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value in Australia stood at X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2020, growing by X% against the previous year. Over the period under review, the import price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2017 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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