Report Australia - Resinoids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 30, 2022

Australia - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Resinoids Market 2022

Resinoids Market Size in Australia

In 2021, the Australian resinoids market increased by 8.5% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a noticeable expansion. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Resinoids Production in Australia

In value terms, resinoids production rose to $X in 2021 estimated in export price. In general, production recorded temperate growth. The most prominent rate of growth was recorded in 2014 with an increase of 106% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Resinoids Exports

Exports from Australia

Resinoids exports from Australia skyrocketed to X tons in 2021, jumping by 16% compared with the previous year's figure. Overall, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 254% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, resinoids exports reduced sharply to $X in 2021. In general, exports, however, recorded a noticeable decrease. The growth pace was the most rapid in 2015 when exports increased by 221% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then dropped notably in the following year.

Exports by Country

New Zealand (X tons) was the main destination for resinoids exports from Australia, accounting for a 84% share of total exports. Moreover, resinoids exports to New Zealand exceeded the volume sent to the second major destination, Taiwan (Chinese) (X kg), more than tenfold. China (X kg) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand stood at +33.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-5.8% per year) and China (-29.6% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for resinoids exports from Australia, comprising 48% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 19% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand stood at +30.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (0.0% per year) and the United States (-17.6% per year).

Export Prices by Country

In 2021, the average resinoids export price amounted to $X per ton, falling by -57.3% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The pace of growth appeared the most rapid in 2014 an increase of 715% against the previous year. The export price peaked at $X per ton in 2020, and then shrank significantly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to New Zealand ($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 China (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Resinoids Imports

Imports into Australia

In 2021, approx. X tons of resinoids were imported into Australia; increasing by 106% compared with the year before. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 171%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, resinoids imports surged to $X in 2021. Overall, imports saw buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by 83%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest resinoids supplier to Australia, with a 70% share of total imports. Moreover, resinoids imports from India exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was held by the UK (X kg), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +44.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.3% per year) and the UK (+21.2% per year).

In value terms, India ($X), the United States ($X) and the UK ($X) were the largest resinoids suppliers to Australia, together accounting for 64% of total imports. These countries were followed by the United Arab Emirates, Egypt, France and China, which together accounted for a further 22%.

The United Arab Emirates, with a CAGR of +146.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average resinoids import price stood at $X per ton in 2021, reducing by -42.8% against the previous year. In general, the import price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2017 an increase of 75% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for resinoids in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Spain and the United States, together accounting for 45% of global consumption. India, Japan, Germany, Russia, Pakistan, Indonesia, Mexico, Rwanda and Turkey lagged somewhat behind, together accounting for a further 26%.
What are the largest producers of resinoids in the world?
+
The countries with the highest volumes of production in 2021 were China, Spain and the United States, with a combined 50% share of global production. India, Japan, Germany, Russia, Pakistan, Indonesia, Mexico, Rwanda and Taiwan Chinese) lagged somewhat behind, together comprising a further 26%.
What are the leading suppliers of resinoids to Australia?
+
In value terms, the largest resinoids suppliers to Australia were India, the United States and the UK, together accounting for 64% of total imports. These countries were followed by the United Arab Emirates, Egypt, France and China, which together accounted for a further 22%.
What are the leading importers of resinoids from Australia?
+
In value terms, New Zealand emerged as the key foreign market for resinoids exports from Australia, comprising 48% of total exports. The second position in the ranking was held by Hong Kong SAR, with a 19% share of total exports. It was followed by the United States, with an 11% share.
What is the average export price for resinoids in Australia?
+
In 2021, the average resinoids export price amounted to $22,255 per ton, with a decrease of -57.3% against the previous year.
What is the average import price for resinoids in Australia?
+
In 2021, the average resinoids import price amounted to $28,298 per ton, dropping by -42.8% against the previous year.

This report provides an in-depth analysis of the resinoids market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20531030 - Resinoids
Country coverage:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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