Alcohols; Polyhydric, Pentaerythritol Price in Australia - 2023

Contents:

  1. Alcohols; Polyhydric, Pentaerythritol Price in Australia (CIF) - 2022
  2. Alcohols; Polyhydric, Pentaerythritol Price in Australia (FOB) - 2022
  3. Alcohols; Polyhydric, Pentaerythritol Imports in Australia
  4. Alcohols; Polyhydric, Pentaerythritol Exports in Australia

Alcohols; Polyhydric, Pentaerythritol Price in Australia (CIF) - 2022

The average alcohols; polyhydric, pentaerythritol import price stood at $2,038 per ton in 2022, rising by 51% against the previous year. Overall, the import price enjoyed a notable expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 764% against the previous year. As a result, import price reached the peak level of $11,475 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,607 per ton), while the price for China ($1,177 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Alcohols; Polyhydric, Pentaerythritol Price in Australia (FOB) - 2022

In 2022, the average alcohols; polyhydric, pentaerythritol export price amounted to $2,404 per ton, increasing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2021 an increase of 37%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 New Zealand amounted to -0.6% per year.

Alcohols; Polyhydric, Pentaerythritol Imports in Australia

In 2022, the amount of alcohols; polyhydric, pentaerythritol imported into Australia shrank sharply to 1K tons, dropping by -17% on the year before. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, imports attained the peak of 1.3K tons, and then reduced dramatically in the following year.

In value terms, alcohols; polyhydric, pentaerythritol imports skyrocketed to $2.1M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Alcohols; Polyhydric, Pentaerythritol in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia8137881,0171,24015.1%
China5463636086214.4%
Germany63.462.79.744.8-10.9%
Others73.436.470.422745.7%
Total1,4951,2511,7052,13312.6%

Top Suppliers of Alcohols; Polyhydric, Pentaerythritol to Australia in 2022:

  1. Saudi Arabia (874.1 tons)
  2. China (527.2 tons)
  3. Germany (9.7 tons)

Alcohols; Polyhydric, Pentaerythritol Exports in Australia

In 2022, shipments abroad of alcohols; polyhydric, pentaerythritol increased by 41% to 596 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a precipitous shrinkage.

In value terms, alcohols; polyhydric, pentaerythritol exports soared to $1.4K in 2022. Overall, exports, however, continue to indicate a precipitous descent.

Export of Alcohols; Polyhydric, Pentaerythritol in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand4.01.90.81.4-29.5%
OthersN/AN/AN/A0.10%
Total4.01.90.81.4-29.5%

Top Export Markets for Alcohols; Polyhydric, Pentaerythritol from Australia in 2022:

  1. New Zealand (878.0 kg)

Source: IndexBox Market Intelligence Platform

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