Australia and Oceania: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Australia and Oceania

After five years of growth, the market for polyethylene terephthalate and other polyethylene terephthalate in primary forms in Australia and Oceania decreased by X% to $X in 2023. In general, consumption, however, recorded a dramatic decrease. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market failed to regain momentum.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Australia and Oceania

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X in 2023 estimated in export price. Over the period under review, production, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports in Australia and Oceania

In 2016, the amount of polyethylene terephthalate and other polyethylene terephthalate in primary forms exported in Australia and Oceania skyrocketed to X tons, increasing by X% on 2015. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms skyrocketed to $X in 2016. In general, exports continue to indicate a perceptible increase. The growth pace was the most rapid in 2014 with an increase of X%. The level of export peaked in 2016 and is likely to continue growth in the near future.

Exports by Country

Australia prevails in forms structure, recording X tons, which was approx. X% of total exports in 2016. New Zealand (X tons) took a relatively small share of total exports.

Australia was also the fastest-growing in terms of the polyethylene terephthalate and other polyethylene terephthalate in primary forms exports, with a CAGR of X% from 2012 to 2016. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2016, respectively.

In value terms, Australia ($X) remains the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2016, the average annual growth rate of value in Australia stood at X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2016, dropping by X% against the previous year. Over the period under review, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2015, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2016, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports in Australia and Oceania

After five years of growth, supplies from abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by X% to X tons in 2023. In general, imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2015 when imports increased by X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms fell modestly to $X in 2023. Over the period under review, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

New Caledonia represented the major importing country with an import of about X tons, which reached X% of total imports. French Polynesia (X tons) held the second position in the ranking, distantly followed by Fiji (X tons). All these countries together took approx. X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by New Caledonia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms importing markets in Australia and Oceania were French Polynesia ($X), New Caledonia ($X) and Fiji ($X), with a combined X% share of total imports.

French Polynesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, remaining relatively unchanged against the previous year. In general, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was French Polynesia ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by French Polynesia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform