Australia and Oceania: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Australia and Oceania

After four years of growth, the anti-oxidising preparations market in Australia and Oceania decreased by X% to $X in 2023. In general, consumption continues to indicate a sharp contraction. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Anti-Oxidising Preparations Production in Australia and Oceania

In value terms, anti-oxidising preparations production expanded sharply to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2023.

Anti-Oxidising Preparations Exports

Exports in Australia and Oceania

In 2016, the amount of anti-oxidising preparations and other compounds stabilisers for rubber or plastics exported in Australia and Oceania reduced to X tons, shrinking by X% against 2015. In general, exports continue to indicate a deep reduction. The smallest decline of X% was in 2014. The volume of export peaked at X tons in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, anti-oxidising preparations exports surged to $X in 2016. Over the period under review, exports recorded a deep slump. The level of export peaked at $X in 2013; however, from 2014 to 2016, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, resulting at X tons, which was near X% of total exports in 2016. New Zealand (X tons) took a relatively small share of total exports.

Exports from Australia decreased at an average annual rate of X% from 2012 to 2016. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2016. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2016, the average annual growth rate of value in Australia amounted to X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2016, jumping by X% against the previous year. Over the last four years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2016, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Anti-Oxidising Preparations Imports

Imports in Australia and Oceania

In 2023, purchases abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics increased by X% to X tons, rising for the fifth consecutive year after six years of decline. Overall, imports, however, continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2022 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, anti-oxidising preparations imports reduced to $X in 2023. Over the period under review, imports, however, continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Fiji was the key importing country with an import of around X tons, which recorded X% of total imports. Papua New Guinea (X tons) held the second position in the ranking, distantly followed by French Polynesia (X tons) and New Caledonia (X tons). All these countries together held approx. X% share of total imports. Vanuatu (X tons) followed a long way behind the leaders.

Imports into Fiji increased at an average annual rate of X% from 2012 to 2023. At the same time, Papua New Guinea (X%), Vanuatu (X%), New Caledonia (X%) and French Polynesia (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. While the share of Fiji (X p.p.), Papua New Guinea (X p.p.), French Polynesia (X p.p.), New Caledonia (X p.p.) and Vanuatu (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Fiji ($X) constitutes the largest market for imported anti-oxidising preparations and other compounds stabilisers for rubber or plastics in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by French Polynesia ($X), with a X% share of total imports. It was followed by Papua New Guinea, with an X% share.

In Fiji, anti-oxidising preparations imports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: French Polynesia (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vanuatu ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vanuatu (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform