Australia and Oceania: Ethanal Market 2024

Ethanal Market Size in Australia and Oceania

The ethanal market in Australia and Oceania expanded notably to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Ethanal Production in Australia and Oceania

In value terms, ethanal production rose notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Ethanal Exports

Exports in Australia and Oceania

Ethanal exports was estimated at X tons in 2022, approximately equating the previous year's figure. Overall, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ethanal exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Australia (X tons) represented the largest exporter of ethanal (acetaldehyde) in Australia and Oceania, making up X% of total export.

Australia was also the fastest-growing in terms of the ethanal (acetaldehyde) 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 ethanal supplier in Australia and Oceania.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, saw a pronounced downturn. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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.

Ethanal Imports

Imports in Australia and Oceania

In 2022, purchases abroad of ethanal (acetaldehyde) was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, ethanal imports surged to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value 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, imports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Australia was the main importing country with an import of around X tons, which reached X% of total imports. New Zealand (X kg) held the second position in the ranking, distantly followed by Fiji (X kg). All these countries together took approx. X% share of total imports. Papua New Guinea (X kg) held a relatively small share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. 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 2012-2022. By contrast, Papua New Guinea (X%) and Fiji (X%) illustrated a downward trend over the same period. Australia (X p.p.) and New Zealand (X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea and Fiji saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported ethanal (acetaldehyde) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. In general, the import price showed a strong increase. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform