Australia - Maleic Anhydride - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaleic Anhydride Price in Australia - 2023
Contents:
- Maleic Anhydride Price in Australia (CIF) - 2023
- Maleic Anhydride Price in Australia (FOB) - 2022
- Maleic Anhydride Imports in Australia
- Maleic Anhydride Exports in Australia
Maleic Anhydride Price in Australia (CIF) - 2023
In July 2023, the average maleic anhydride import price amounted to $1,126 per ton, falling by -3.3% against the previous month. In general, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 20% month-to-month. Over the period under review, average import prices attained the maximum at $1,903 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($1,688 per ton), while the price for China ($938 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (-2.5%), while the prices for the other major suppliers experienced a decline.
Maleic Anhydride Price in Australia (FOB) - 2022
The average maleic anhydride export price stood at $1,421 per ton in 2022, falling by -52.5% against the previous year. Over the period under review, the export price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2015 an increase of 98% against the previous year. The export price peaked at $3,357 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +5.0% per year.
Maleic Anhydride Imports in Australia
For the fourth consecutive year, Australia recorded growth in purchases abroad of maleic anhydride, which increased by 1.6% to 6K tons in 2022. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 9.8%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, maleic anhydride imports skyrocketed to $12M in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 93% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Import of Maleic Anhydride in Australia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 4.0 | 3.5 | 7.7 | 8.4 | 28.1% |
South Korea | 1.1 | 1.1 | 1.3 | 2.2 | 26.0% |
China | 0.4 | 0.3 | 0.6 | 1.0 | 35.7% |
Others | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
Total | 5.8 | 5.2 | 10.0 | 11.8 | 26.7% |
Top Suppliers of Maleic Anhydride to Australia in 2022:
- Taiwan (Chinese) (4.4K tons)
- South Korea (1.1K tons)
- China (0.5K tons)
Maleic Anhydride Exports in Australia
Maleic anhydride exports from Australia soared to 24 tons in 2022, picking up by 504% on the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, maleic anhydride exports skyrocketed to $34K in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 422%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Maleic Anhydride in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | N/A | N/A | N/A | 34.3 | 0% |
New Zealand | 0.1 | 0.5 | 3.8 | N/A | 516.4% |
Malaysia | 1.1 | 1.8 | 8.2 | N/A | 173.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.2 | 2.3 | 12.0 | 34.3 | 205.8% |
Top Export Markets for Maleic Anhydride from Australia in 2022:
- South Korea (24.2 tons)
This report provides an in-depth analysis of the maleic anhydride 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 20143387 - Maleic anhydride
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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