Australia: Chlorides Market 2023

Chlorides Market Size in Australia

The Australian chlorides market soared to $X in 2021, increasing by 27% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Chlorides Exports

Exports from Australia

In 2021, exports of chlorides (excluding ammonium chloride) from Australia fell to X tons, which is down by -8.8% on the year before. Overall, exports saw a mild contraction. The pace of growth was the most pronounced in 2014 when exports increased by 123%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, chlorides exports expanded rapidly to $X in 2021. In general, exports saw a mild setback. The most prominent rate of growth was recorded in 2014 when exports increased by 49%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for chlorides exports from Australia, with a 65% share of total exports. Moreover, chlorides exports to New Zealand exceeded the volume sent to the second major destination, Japan (X tons), fourfold. The third position in this ranking was held by South Korea (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-8.4% per year) and South Korea (+6.0% per year).

In value terms, New Zealand ($X) remains the key foreign market for chlorides (excluding ammonium chloride) exports from Australia, comprising 61% of total exports. The second position in the ranking was taken by South Korea ($X), with an 11% share of total exports. It was followed by Japan, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+3.0% per year) and Japan (-10.4% per year).

Export Prices by Country

The average chlorides export price stood at $X per ton in 2021, with an increase of 21% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 58% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+45.3%), while the prices for the other major destinations experienced a decline.

Chlorides Imports

Imports into Australia

Chlorides imports into Australia amounted to X tons in 2021, growing by 14% against the previous year. The total import volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of 27% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, chlorides imports skyrocketed to $X in 2021. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest chlorides supplier to Australia, accounting for a 69% share of total imports. Moreover, chlorides imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.0% per year) and Taiwan (Chinese) (-1.2% per year).

In value terms, China ($X) constituted the largest supplier of chlorides (excluding ammonium chloride) to Australia, comprising 61% of total imports. The second position in the ranking was held by India ($X), with a 15% share of total imports. It was followed by Germany, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.4% per year) and Germany (+0.1% per year).

Import Prices by Country

In 2021, the average chlorides import price amounted to $X per ton, growing by 11% against the previous year. Overall, the import price, however, recorded a slight decline. The growth pace was the most rapid in 2020 an increase of 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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