Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia (CIF) - 2023
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia (CIF) - 2023

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $5,557 per ton in December 2023, dropping by -42.2% against the previous month. In general, the import price showed a slight slump. The most prominent rate of growth was recorded in February 2023 an increase of 70% m-o-m. As a result, import price reached the peak level of $10,698 per ton. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($6,086 per ton), while the price for the Netherlands amounted to $3,353 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $7,577 per ton in 2022, rising by 10% against the previous year. Overall, the export price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 86% against the previous year. As a result, the export price attained the peak level of $28,599 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($13,830 per ton), while the average price for exports to Canada amounted to $7,155 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+203.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia

In 2022, supplies from abroad of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -17.4% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 1.5K tons, and then dropped remarkably in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $9.4M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Australia in 2022:

1. Netherlands (792.8 tons)
2. China (266.6 tons)
3. Poland (111.4 tons)
4. Japan (25.2 tons)
5. Norway (23.4 tons)
6. France (15.2 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Australia

In 2022, exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Australia surged to 28 tons, increasing by 103% against 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $213K in 2022. Overall, 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.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Australia in 2022:

1. Canada (26.8 tons)
2. Trinidad and Tobago (1.1 tons)

Source: IndexBox Market Intelligence Platform