Price for Poly(Lactic Acid); in Primary Forms in Australia - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Australia (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Australia (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Australia
- Exports of Poly(Lactic Acid); in Primary Forms in Australia
Price for Poly(Lactic Acid); in Primary Forms in Australia (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $3,798 per ton in 2022, waning by -14.2% against the previous year. Over the period under review, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 63%. Over the period under review, average import prices reached the peak figure at $8,866 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,288 per ton), while the price for Taiwan (Chinese) ($3,223 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in Australia (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $320,912 per ton, rising by 192% against the previous year. In general, the export price, however, showed a abrupt descent. The export price peaked at $646,643 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +14.5% per year.
Imports of Poly(Lactic Acid); in Primary Forms in Australia
In 2022, the amount of poly(lactic acid); in primary formses imported into Australia soared to 90 tons, picking up by 29% on 2021. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 215%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, poly(lactic acid); in primary forms imports stood at $341K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 117%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Poly(Lactic Acid); in Primary Forms in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 22.5 | 71.9 | 50.7 | 216 | 112.5% |
| United States | 23.0 | 17.1 | 36.5 | 59.2 | 37.0% |
| Thailand | 1.0 | N/A | N/A | 51.4 | 271.8% |
| China | 15.4 | 22.0 | 26.4 | 13.6 | -4.1% |
| Spain | N/A | N/A | 23.4 | N/A | 0% |
| Germany | 8.4 | 16.7 | 26.8 | N/A | 78.6% |
| Netherlands | 16.3 | 11.6 | 35.4 | N/A | 47.4% |
| Others | 3.5 | 3.6 | 110 | 0.9 | -36.4% |
| Total | 90.1 | 143 | 309 | 341 | 55.8% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Australia in 2022:
- Taiwan (Chinese) (67.1 tons)
- Thailand (12.7 tons)
- United States (8.1 tons)
- China (2.0 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Australia
After two years of decline, shipments abroad of poly(lactic acid); in primary formses increased by 2,140% to 112 kg in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports skyrocketed to $36K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Poly(Lactic Acid); in Primary Forms in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 0.1 | 36.0 | 35900.0% |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| Malaysia | 0.4 | 0.4 | 0.3 | N/A | -13.4% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 0.5 | 0.5 | 0.6 | 36.0 | 316.0% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Australia in 2022:
- United Kingdom (112.0 kg)
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