Australia and Oceania: Ethanol Market 2024

Ethanol Market Size in Australia and Oceania

The ethanol market in Australia and Oceania expanded notably to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Ethanol Production in Australia and Oceania

In value terms, ethanol production rose 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 was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Ethanol Exports

Exports in Australia and Oceania

In 2022, after three years of growth, there was significant decline in shipments abroad of ethyl alcohol, when their volume decreased by X% to X litres. Over the period under review, exports, however, enjoyed pronounced growth. The growth pace was the most rapid in 2015 when exports increased by X%. The volume of export peaked at X litres in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, ethanol exports contracted to $X in 2022. Overall, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

The biggest shipments were from Australia (X litres), together amounting to X% of total export.

Australia was also the fastest-growing in terms of the ethyl alcohol exports, with a CAGR of X% from 2012 to 2022. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Australia, ethanol exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per litre, picking up 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, ethanol export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

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.

Ethanol Imports

Imports in Australia and Oceania

In 2022, the amount of ethyl alcohol imported in Australia and Oceania expanded to X litres, rising by X% compared with the year before. Overall, imports saw a slight increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X litres in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, ethanol imports skyrocketed to $X in 2022. Over the period under review, imports saw a strong expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Australia (X litres) and New Zealand (X litres) prevails in imports structure, together creating X% of total imports. Papua New Guinea (X litres) and Solomon Islands (X litres) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and Papua New Guinea ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Papua New Guinea, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per litre, jumping by X% against the previous year. Import price indicated notable growth 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, ethanol import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Australia ($X per litre) and New Zealand ($X per litre), while Solomon Islands ($X per litre) and Papua New Guinea ($X per litre) were 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 mixed trends in the import price figures.

Source: IndexBox Platform

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