Australia: Chlorosulphuric Acid Market 2022

Chlorosulphuric Acid Market Size in Australia

The Australian chlorosulphuric acid market dropped remarkably to $X in 2021, falling by -36.5% against the previous year. In general, consumption recorded a deep setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Chlorosulphuric Acid Production in Australia

In value terms, chlorosulphuric acid production dropped to $X in 2021 estimated in export price. Over the period under review, production showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Chlorosulphuric Acid Exports

Exports from Australia

In 2021, overseas shipments of chlorosulphuric acid increased by 243% to X tons, rising for the third year in a row after three years of decline. In general, exports recorded a moderate expansion. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, chlorosulphuric acid exports soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons) was the main destination for chlorosulphuric acid exports from Australia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to New Zealand amounted to +17.9%.

In value terms, New Zealand ($X) also remains the key foreign market for chlorosulphuric acid exports from Australia.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand totaled +11.9%.

Export Prices by Country

The average chlorosulphuric acid export price stood at $X per ton in 2021, with an increase of 57% against the previous year. Overall, the export price, however, showed a abrupt slump. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for New Zealand amounted to -5.1% per year.

Chlorosulphuric Acid Imports

Imports into Australia

In 2021, the amount of chlorosulphuric acid imported into Australia dropped significantly to X kg, reducing by -39.5% compared with 2020. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2016 with an increase of 708%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, chlorosulphuric acid imports rose significantly to $X in 2021. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 178%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the UK (X kg) was the main chlorosulphuric acid supplier to Australia, with a 96% share of total imports. Moreover, chlorosulphuric acid imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK totaled +20.7%.

In value terms, the UK ($X) constituted the largest supplier of chlorosulphuric acid to Australia, comprising 87% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK stood at +40.1%.

Import Prices by Country

The average chlorosulphuric acid import price stood at $X per ton in 2021, picking up by 78% against the previous year. Over the period under review, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 222%. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the UK totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+45.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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