Australia's Growth in Hydrogen Peroxide Market
Key Ideas
- Australia's hydrogen peroxide market is projected to achieve a CAGR of +0.7% in volume and +0.8% in value from 2024 to 2035.
- Consumption of hydrogen peroxide in Australia decreased by -3% in 2024 but still shows an average annual growth rate of +1.5% from 2013 to 2024.
- Production of hydrogen peroxide in Australia dropped to 79K tons in 2024, with a decrease of -3.1% from 2023 figures.
- Imports of hydrogen peroxide into Australia remained stable in 2024, with Indonesia being the largest supplier with a 43% share, followed by South Korea and China.
The article highlights the market analysis, consumption, production, imports, exports, and price trends of hydrogen peroxide in Australia. The market for hydrogen peroxide in Australia is on an upward consumption trend, with a forecasted CAGR of +0.7% in volume and +0.8% in value from 2024 to 2035. In 2024, consumption decreased by -3% to 93K tons, while production dropped to 79K tons. Imports of hydrogen peroxide remained stable in 2024, with Indonesia being the largest supplier to Australia, followed by South Korea and China. The average import price in 2024 was $564 per ton. The article indicates positive market performance and growth projections for the hydrogen peroxide market in Australia, despite some fluctuations in consumption and production in recent years.
Topics
Oceania
Market Analysis
Consumption Trends
Price Trends
Import Data
Production Statistics
Export Performance
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