Australia - Methyloxirane (Propylene Oxide) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropylene Oxide Price in Australia - 2024
Contents:
- Propylene Oxide Price in Australia (CIF) - 2024
- Propylene Oxide Price in Australia (FOB) - 2022
- Propylene Oxide Imports in Australia
- Propylene Oxide Exports in Australia
Propylene Oxide Price in Australia (CIF) - 2024
The average propylene oxide import price stood at $1,651 per ton in January 2024, flattening at the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 0.9% month-to-month. Over the period under review, average import prices reached the peak figure at $1,656 per ton in December 2023, and then dropped modestly in the following month.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From August 2023 to January 2024, the rate of growth in terms of prices for South Korea amounted to +0.5% per month.
Propylene Oxide Price in Australia (FOB) - 2022
In 2022, the average propylene oxide export price amounted to $9,206 per ton, waning by -10.5% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene oxide export price decreased by -19.0% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 56%. Over the period under review, the average export prices attained the maximum at $11,359 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($12,121 per ton), while the average price for exports to New Zealand amounted to $1,462 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-2.8%).
Propylene Oxide Imports in Australia
In 2022, the amount of methyloxirane (propylene oxide) imported into Australia fell rapidly to 1.5K tons, which is down by -32.5% on 2021 figures. Overall, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.
In value terms, propylene oxide imports declined significantly to $2.9M in 2022. In general, imports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 68%.
Import of Propylene Oxide in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 0.4 | 0.8 | 2.2 | 1.0 | 35.7% |
Singapore | 2.0 | 0.6 | 1.1 | 0.8 | -26.3% |
United States | 3.7 | 0.6 | 1.0 | 0.8 | -40.0% |
Thailand | 9.6 | 0.8 | 0.4 | 0.2 | -72.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 15.6 | 2.8 | 4.7 | 2.9 | -42.9% |
Top Suppliers of Propylene Oxide to Australia in 2022:
- United States (551.2 tons)
- South Korea (527.3 tons)
- Singapore (282.1 tons)
- Thailand (166.5 tons)
Propylene Oxide Exports in Australia
After two years of decline, shipments abroad of methyloxirane (propylene oxide) increased by 38% to 340 kg in 2022. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, propylene oxide exports skyrocketed to $3.1K in 2022. In general, exports, however, continue to indicate a noticeable curtailment.
Export of Propylene Oxide in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 3.3 | 3.0 | 2.4 | 3.0 | -3.1% |
New Zealand | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.6 | 3.2 | 2.5 | 3.1 | -4.9% |
Top Export Markets for Propylene Oxide from Australia in 2022:
- Indonesia (247.0 kg)
- New Zealand (93.0 kg)
This report provides an in-depth analysis of the propylene oxide 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 20146375 - Methyloxirane (propylene oxide)
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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