Australia - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Caustic Soda in the Solid Form in Australia - 2023
Contents:
- Price for Caustic Soda in the Solid Form in Australia (CIF) - 2023
- Price for Caustic Soda in the Solid Form in Australia (FOB) - 2022
- Imports of Caustic Soda in the Solid Form in Australia
- Exports of Caustic Soda in the Solid Form in Australia
Price for Caustic Soda in the Solid Form in Australia (CIF) - 2023
In November 2023, the average import price for caustic soda in the solid form amounted to $694 per ton, with an increase of 12% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in July 2023 an increase of 24% m-o-m. Over the period under review, average import prices hit record highs at $1,050 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($10,987 per ton), while the price for China ($665 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+2,829.9%), while the prices for the other major suppliers experienced a decline.
Price for Caustic Soda in the Solid Form in Australia (FOB) - 2022
The average export price for caustic soda in the solid form stood at $1,779 per ton in 2022, remaining constant against the previous year. In general, the export price, however, recorded a measured expansion. The growth pace was the most rapid in 2016 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $1,779 per ton in 2021, and then declined in the following year.
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 Lao People's Democratic Republic ($2,007 per ton), while the average price for exports to Fiji ($379 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 New Zealand (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Caustic Soda in the Solid Form in Australia
After three years of growth, overseas purchases of caustic soda in the solid form decreased by -20% to 7K tons in 2022. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 8.7K tons, and then declined sharply in the following year.
In value terms, imports of caustic soda in the solid form surged to $6.1M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Caustic Soda in the Solid Form in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,539 | 1,773 | 1,719 | 2,285 | 14.1% |
Taiwan (Chinese) | 1,338 | 689 | 1,184 | 1,574 | 5.6% |
Thailand | 902 | 584 | 877 | 1,166 | 8.9% |
Singapore | 32.6 | 195 | 302 | 402 | 131.0% |
Germany | 27.0 | 102 | 195 | 259 | 112.5% |
Others | 230 | 259 | 337 | 457 | 25.7% |
Total | 4,068 | 3,601 | 4,613 | 6,143 | 14.7% |
Top Suppliers of Caustic Soda in the Solid Form to Australia in 2022:
- China (2.9K tons)
- Taiwan (Chinese) (1.7K tons)
- Thailand (1.2K tons)
- Singapore (0.9K tons)
- Germany (0.1K tons)
Exports of Caustic Soda in the Solid Form in Australia
In 2022, overseas shipments of caustic soda in the solid form decreased by -40.2% to 846 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 260% against the previous year.
In value terms, exports of caustic soda in the solid form plummeted to $1.5M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 290%.
Export of Caustic Soda in the Solid Form in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 455 | 2,186 | 2,416 | 1,424 | 46.3% |
Fiji | 95.5 | 81.1 | 48.2 | 47.0 | -21.0% |
Others | 40.2 | 39.7 | 54.1 | 34.2 | -5.2% |
Total | 591 | 2,307 | 2,518 | 1,505 | 36.6% |
Top Export Markets for Caustic Soda in the Solid Form from Australia in 2022:
- Lao People's Democratic Republic (709.4 tons)
- Fiji (123.9 tons)
This report provides an in-depth analysis of the market for caustic soda in the solid form 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 20132525 - Sodium hydroxide (caustic soda), solid
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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