Australia: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Australia

The Australian organo-sulphur compound market rose markedly to $X in 2022, surging by X% 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). In general, the total consumption indicated a temperate expansion 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Organo-Sulphur Compound Exports

Exports from Australia

In 2022, the amount of organo-sulphur compounds exported from Australia reduced notably to X tons, with a decrease of X% compared with 2021 figures. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, organo-sulphur compound exports dropped markedly to $X in 2022. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Papua New Guinea (X tons) was the main destination for organo-sulphur compound exports from Australia, with a X% share of total exports. Moreover, organo-sulphur compound exports to Papua New Guinea exceeded the volume sent to the second major destination, New Zealand (X tons), fourfold. The third position in this ranking was held by Malaysia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Papua New Guinea stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and Malaysia (X% per year).

In value terms, Papua New Guinea ($X) remains the key foreign market for organo-sulphur compounds exports from Australia, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Papua New Guinea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the average organo-sulphur compound export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Organo-Sulphur Compound Imports

Imports into Australia

In 2022, organo-sulphur compound imports into Australia rose rapidly to X tons, surging by X% against the year before. The total import volume 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. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, organo-sulphur compound imports rose markedly to $X in 2022. In general, total imports indicated a temperate 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 2020 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of organo-sulphur compound to Australia, accounting for a X% share of total imports. Moreover, organo-sulphur compound imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), fourfold. The third position in this ranking was taken by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of organo-sulphur compounds to Australia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average organo-sulphur compound import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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