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Australia - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Isoprene Rubber (IR) in Primary Form in Australia - 2023
Contents:
- Price for Isoprene Rubber (IR) in Primary Form in Australia (CIF) - 2022
- Price for Isoprene Rubber (IR) in Primary Form in Australia (FOB) - 2022
- Imports of Isoprene Rubber (IR) in Primary Form in Australia
- Exports of Isoprene Rubber (IR) in Primary Form in Australia
Price for Isoprene Rubber (IR) in Primary Form in Australia (CIF) - 2022
In 2022, the average import price for isoprene rubber (IR) in primary forms amounted to $2,049 per ton, declining by -6.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 52%. The import price peaked at $2,490 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,927 per ton), while the price for China ($1,755 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+18.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Isoprene Rubber (IR) in Primary Form in Australia (FOB) - 2022
The average export price for isoprene rubber (IR) in primary forms stood at $1,301 per ton in 2022, rising by 7.9% against the previous year. In general, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 43% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,828 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +8.5% per year.
Imports of Isoprene Rubber (IR) in Primary Form in Australia
For the third consecutive year, Australia recorded decline in overseas purchases of isoprene rubber (IR) in primary forms, which decreased by -0.1% to 190 tons in 2022. Over the period under review, imports continue to indicate a abrupt contraction.
In value terms, imports of isoprene rubber (IR) in primary forms fell to $389K in 2022. Overall, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.
Import of Isoprene Rubber (IR) in Primary Form in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 303 | 273 | 334 | 291 | -1.3% |
Japan | 22.7 | N/A | 9.0 | 63.7 | 41.0% |
United States | 2.1 | 15.8 | 2.2 | 20.2 | 112.7% |
Slovakia | 67.4 | 7.4 | N/A | N/A | -89.0% |
Others | 35.3 | 78.6 | 71.9 | 13.5 | -27.4% |
Total | 430 | 375 | 417 | 389 | -3.3% |
Top Suppliers of Isoprene Rubber (IR) in Primary Form to Australia in 2022:
- China (166.1 tons)
- Japan (20.2 tons)
- United States (3.4 tons)
Exports of Isoprene Rubber (IR) in Primary Form in Australia
In 2022, overseas shipments of isoprene rubber (IR) in primary forms decreased by -79.2% to 4.6 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 103% against the previous year. As a result, the exports attained the peak of 34 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of isoprene rubber (IR) in primary forms declined sharply to $6K in 2022. In general, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 58% against the previous year. As a result, the exports reached the peak of $41K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Isoprene Rubber (IR) in Primary Form in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | N/A | 41.0 | 1.6 | 5.2 | -64.4% |
Papua New Guinea | 25.2 | N/A | N/A | N/A | 0% |
South Africa | N/A | N/A | 25.3 | N/A | 0% |
Others | 0.8 | N/A | N/A | 0.9 | 4.0% |
Total | 25.9 | 41.0 | 26.9 | 6.0 | -38.6% |
Top Export Markets for Isoprene Rubber (IR) in Primary Form from Australia in 2022:
- New Zealand (4.6 tons)
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary 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:
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
-
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
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in Australia.
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