Australia and Oceania: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Australia and Oceania

In 2022, the denatured ethyl alcohol market in Australia and Oceania was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a pronounced curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Denatured Ethyl Alcohol Production in Australia and Oceania

In value terms, denatured ethyl alcohol production reduced slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Denatured Ethyl Alcohol Exports

Exports in Australia and Oceania

In 2022, overseas shipments of denatured ethyl alcohol and other denatured spirits decreased by X% to X litres for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X litres in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, denatured ethyl alcohol exports reduced remarkably to $X in 2022. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Australia (X litres) represented the main exporter of denatured ethyl alcohol and other denatured spirits in Australia and Oceania, generating X% of total export.

Australia was also the fastest-growing in terms of the denatured ethyl alcohol and other denatured spirits exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest denatured ethyl alcohol supplier in Australia and Oceania.

In Australia, denatured ethyl alcohol exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per litre in 2022, surging by X% against the previous year. Export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, denatured ethyl alcohol export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Denatured Ethyl Alcohol Imports

Imports in Australia and Oceania

Denatured ethyl alcohol imports skyrocketed to X litres in 2022, jumping by X% against the year before. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X litres. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, denatured ethyl alcohol imports skyrocketed to $X in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, New Zealand (X litres) represented the largest importer of denatured ethyl alcohol and other denatured spirits, comprising X% of total imports. It was distantly followed by Australia (X litres), creating a X% share of total imports. The following importers - Solomon Islands (X litres) and New Caledonia (X litres) - together made up X% of total imports.

Imports into New Zealand increased at an average annual rate of X% from 2012 to 2022. At the same time, Australia (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Solomon Islands (X%) and New Caledonia (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and Australia (X p.p.) significantly strengthened its position in terms of the total imports, while Solomon Islands and New Caledonia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest denatured ethyl alcohol importing markets in Australia and Oceania were New Zealand ($X), Australia ($X) and Solomon Islands ($X), together comprising X% of total imports.

Australia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per litre in 2022, growing by X% against the previous year. Overall, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per litre), while Solomon Islands ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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