Australia - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Fatty Alcohols Price in Australia - 2023
Contents:
- Industrial Fatty Alcohols Price in Australia (CIF) - 2022
- Industrial Fatty Alcohols Price in Australia (FOB) - 2022
- Industrial Fatty Alcohols Imports in Australia
- Industrial Fatty Alcohols Exports in Australia
Industrial Fatty Alcohols Price in Australia (CIF) - 2022
In 2022, the average industrial fatty alcohols import price amounted to $2,828 per ton, with an increase of 38% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial fatty alcohols import price increased by +88.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Thailand ($3,675 per ton), while the price for China ($2,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Fatty Alcohols Price in Australia (FOB) - 2022
The average industrial fatty alcohols export price stood at $2,331 per ton in 2022, surging by 3.1% against the previous year. Over the period under review, the export price, however, saw a noticeable decline. The growth pace was the most rapid in 2021 an increase of 27% against the previous year. The export price peaked at $3,524 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($3,393 per ton), while the average price for exports to Indonesia ($2,006 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 the United States (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Fatty Alcohols Imports in Australia
In 2022, purchases abroad of industrial fatty alcohols decreased by -9.4% to 5.5K 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 +7.9% over the period 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 2020 with an increase of 30% against the previous year.
In value terms, industrial fatty alcohols imports surged to $16M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Industrial Fatty Alcohols in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1.3 | 2.9 | 4.4 | 6.3 | 69.2% |
Indonesia | 1.2 | 2.1 | 4.9 | 5.3 | 64.1% |
Thailand | 1.1 | 0.5 | 0.3 | 1.3 | 5.7% |
United States | 0.6 | 0.5 | 0.7 | 0.9 | 14.5% |
China | 0.3 | 0.5 | 0.6 | 0.6 | 26.0% |
Germany | 0.4 | 0.4 | 0.4 | 0.6 | 14.5% |
Philippines | 1.3 | 0.7 | 0.4 | N/A | -44.5% |
Others | 0.7 | 1.0 | 0.8 | 0.6 | -5.0% |
Total | 6.8 | 8.6 | 12.5 | 15.6 | 31.9% |
Top Suppliers of Industrial Fatty Alcohols to Australia in 2022:
- Malaysia (2202.6 tons)
- Indonesia (1949.7 tons)
- United States (354.9 tons)
- Thailand (354.2 tons)
- China (287.2 tons)
- Germany (185.9 tons)
Industrial Fatty Alcohols Exports in Australia
Industrial fatty alcohols exports from Australia skyrocketed to 174 tons in 2022, increasing by 59% against the previous year's figure. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, industrial fatty alcohols exports soared to $406K in 2022. Over the period under review, exports showed noticeable growth. The pace of growth appeared the most rapid in 2021 when exports increased by 112%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Industrial Fatty Alcohols in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 32.3 | 45.4 | 69.9 | 232 | 92.9% |
Thailand | 26.3 | 11.7 | 60.2 | 75.7 | 42.2% |
China | 49.5 | 49.0 | 53.5 | 49.4 | -0.1% |
Singapore | N/A | N/A | 18.8 | 48.2 | 156.4% |
United States | 116 | 0.6 | N/A | N/A | -99.5% |
India | 115 | N/A | 25.3 | N/A | -53.1% |
Others | 33.8 | 10.3 | 20.5 | 1.0 | -69.1% |
Total | 373 | 117 | 248 | 406 | 2.9% |
Top Export Markets for Industrial Fatty Alcohols from Australia in 2022:
- Indonesia (115.6 tons)
- Thailand (27.8 tons)
- China (16.0 tons)
- Singapore (14.2 tons)
This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols
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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From June 2023 to December 2023, the growth of Tall Oil Fatty Acids imports remained at a lower figure. In value terms, Tall Oil Fatty Acids imports reduced markedly to $737K in December 2023.
In June 2023, the price of Industrial Monocarboxylic Fatty Acids was $915 per ton (CIF, Australia), with a decrease of -22.3% compared to the previous month.
Explore the top import markets for industrial fatty alcohols, including China, Netherlands, and United States. Learn about the growing demand and key statistics in this lucrative market.
Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.