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Australia - Esters of Acetic Acid - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia: Market for Esters Of Acetic Acid (excluding Ethyl Acetate) 2024
Market Size for Esters Of Acetic Acid (excluding Ethyl Acetate) in Australia
In 2023, after two years of growth, there was significant decline in the Australian market for esters of acetic acid (excluding ethyl acetate), when its value decreased by X% to $X. Overall, consumption saw a pronounced decrease. Over the period under review, the market hit record highs at $X in 2022, and then shrank markedly in the following year.
Exports of Esters Of Acetic Acid (excluding Ethyl Acetate)
Exports from Australia
In 2023, overseas shipments of esters of acetic acid (excluding ethyl acetate) increased by X% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.
In value terms, exports of esters of acetic acid (excluding ethyl acetate) skyrocketed to $X in 2023. Overall, exports, however, continue to indicate a mild setback. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.
Exports by Country
Papua New Guinea (X tons) was the main destination for exports of esters of acetic acid (excluding ethyl acetate) from Australia, accounting for a X% share of total exports. Moreover, exports of esters of acetic acid (excluding ethyl acetate) to Papua New Guinea exceeded the volume sent to the second major destination, New Zealand (X tons), fourfold.
From 2012 to 2023, the average annual rate of growth in terms of volume to Papua New Guinea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and China (X% per year).
In value terms, Papua New Guinea ($X) emerged as the key foreign market for esters of acetic acid (excluding ethyl acetate) exports from Australia, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Papua New Guinea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and China (X% per year).
Export Prices by Country
In 2023, the average export price for esters of acetic acid (excluding ethyl acetate) amounted to $X per ton, surging by X% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Papua New Guinea ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Esters Of Acetic Acid (excluding Ethyl Acetate)
Imports into Australia
In 2023, overseas purchases of esters of acetic acid (excluding ethyl acetate) decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
In value terms, imports of esters of acetic acid (excluding ethyl acetate) reduced rapidly to $X in 2023. Over the period under review, imports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2022, and then dropped sharply in the following year.
Imports by Country
In 2023, Singapore (X tons) constituted the largest esters of acetic acid (excluding ethyl acetate) supplier to Australia, accounting for a X% share of total imports. Moreover, imports of esters of acetic acid (excluding ethyl acetate) from Singapore exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with an X% share.
From 2012 to 2023, the average annual growth rate of volume from Singapore stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).
In value terms, the largest esters of acetic acid (excluding ethyl acetate) suppliers to Australia were Singapore ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports.
In terms of the main suppliers, Singapore, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average import price for esters of acetic acid (excluding ethyl acetate) stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2022, and then shrank significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) 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 20143219 - Esters of acetic acid (excluding ethyl acetate)
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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