Australia and Oceania: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Australia and Oceania

The synthetic organic colouring matters market in Australia and Oceania fell to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Other Synthetic Organic Colouring Matters in Australia and Oceania

In value terms, synthetic organic colouring matters production shrank to $X in 2022 estimated in export price. In general, production, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Other Synthetic Organic Colouring Matters

Exports in Australia and Oceania

In 2022, the amount of other synthetic organic colouring matters exported in Australia and Oceania surged to X tons, jumping by X% on the year before. Over the period under review, exports recorded a mild increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, synthetic organic colouring matters exports expanded sharply to $X in 2022. In general, exports, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Australia (X tons) was the largest exporter of other synthetic organic colouring matters in Australia and Oceania, constituting X% of total export.

Australia was also the fastest-growing in terms of the other synthetic organic colouring matters exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Australia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest synthetic organic colouring matters supplier in Australia and Oceania.

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

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

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.

Imports of Other Synthetic Organic Colouring Matters

Imports in Australia and Oceania

Synthetic organic colouring matters imports contracted significantly to X tons in 2022, waning by X% compared with the previous year. In general, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, synthetic organic colouring matters imports declined to $X in 2022. Overall, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) was the major importer of other synthetic organic colouring matters, comprising X% of total imports. It was distantly followed by New Zealand (X tons) and Fiji (X tons), together mixing up a X% share of total imports. Papua New Guinea (X tons) 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, Papua New Guinea (X%) and Fiji (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 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Fiji and Papua New Guinea increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported other synthetic organic colouring matters in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

In Australia, synthetic organic colouring matters imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Fiji (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. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($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

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