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Australia - Saturated Acyclic Monocarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
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Australia: Monocarboxylic Acid Market Overview 2021

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Monocarboxylic Acid Market Size in Australia

After two years of growth, the Australian monocarboxylic acid market decreased by -X% to $X in 2019. Over the period under review, consumption continues to indicate a slight downturn. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Monocarboxylic Acid Exports

Exports from Australia

In 2019, overseas shipments of saturated acyclic monocarboxylic acids decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Overall, exports showed a mild descent. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes, and then fell dramatically in the following year.

In value terms, monocarboxylic acid exports fell to $X in 2019. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

New Zealand (X tonnes), South Africa (X tonnes) and the Philippines (X tonnes) were the main destinations of monocarboxylic acid exports from Australia, together accounting for X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines, while exports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), the Philippines ($X) and South Africa ($X) were the largest markets for monocarboxylic acid exported from Australia worldwide, together comprising X% of total exports.

Among the main countries of destination, the Philippines saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average monocarboxylic acid export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price, however, continues to indicate a noticeable curtailment. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was the Philippines ($X per tonne), while the average price for exports to South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand, while the prices for the other major destinations experienced a decline.

Monocarboxylic Acid Imports

Imports into Australia

Monocarboxylic acid imports into Australia shrank to X tonnes in 2019, reducing by -X% on 2018 figures. Overall, imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

In value terms, monocarboxylic acid imports reduced markedly to $X in 2019. Over the period under review, imports showed a mild setback. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. As a result, imports attained the peak of $X, and then fell rapidly in the following year.

Imports by Country

Singapore (X tonnes), China (X tonnes) and Japan (X tonnes) were the main suppliers of monocarboxylic acid imports to Australia, with a combined X% share of total imports. These countries were followed by Malaysia, Germany, Taiwan (Chinese) and the U.S., which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and Japan ($X) were the largest monocarboxylic acid suppliers to Australia, together comprising X% of total imports.

China 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

In 2019, the average monocarboxylic acid import price amounted to $X per tonne, falling by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2018, and then declined in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saturated acyclic monocarboxylic acids in the world?
+
The countries with the highest volumes of monocarboxylic acid consumption in 2019 were China (4M tonnes), India (3.3M tonnes) and the U.S. (2.4M tonnes), with a combined 45% share of global consumption. These countries were followed by Belgium, Germany, Japan, Russia, Indonesia, Mexico, the UK, the Netherlands and Italy, which together accounted for a further 31%.
What are the largest producers of saturated acyclic monocarboxylic acids in the world?
+
The countries with the highest volumes of monocarboxylic acid production in 2019 were China (5.7M tonnes), the U.S. (3.4M tonnes) and India (2.3M tonnes), with a combined 57% share of global production. These countries were followed by the UK, Germany, Saudi Arabia, Malaysia, Japan, Russia, Indonesia, Singapore, Taiwan (Chinese) and Iran, which together accounted for a further 32%.
What are the leading suppliers of saturated acyclic monocarboxylic acids to Australia?
+
In value terms, China ($15M), Singapore ($13M) and Japan ($6.3M) were the largest monocarboxylic acid suppliers to Australia, together comprising 59% of total imports.
What are the leading importers of saturated acyclic monocarboxylic acids from Australia?
+
In value terms, New Zealand ($468K), the Philippines ($300K) and South Africa ($198K) were the largest markets for monocarboxylic acid exported from Australia worldwide, with a combined 67% share of total exports.
What is the average export price for saturated acyclic monocarboxylic acids in Australia?
+
In 2019, the average monocarboxylic acid export price amounted to $2,063 per tonne, jumping by 25% against the previous year.
What is the average import price for saturated acyclic monocarboxylic acids in Australia?
+
In 2019, the average monocarboxylic acid import price amounted to $1,320 per tonne, reducing by -13.2% against the previous year.

Product coverage:
• Prodcom 20143215 - Ethyl acetate
• Prodcom 20143219 - Esters of acetic acid (excluding ethyl acetate)
• Prodcom 20143220 - Mono-, di- or tri-chloroacetic acids, propionic, butanoic and pentanoic acids, their salts and esters
• Prodcom 20143230 -
• Prodcom 20143240 -
• Prodcom 20143250 - Formic acid, its salts and esters
• Prodcom 20143271 - Acetic acid
• Prodcom 20143277 - Acetic anhydride
• Prodcom 20143278 - Salts of acetic acid
• Prodcom 20143280 - Lauric acid and others, salts and esters

This report provides an in-depth analysis of the monocarboxylic acid 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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