The market is dominated by foreign suppliers, as imports account for 52.4% of total market size in 2023. B2B drives market demand, with B2B spending representing 93.0% of total demand in 2023. Australia has the 18th largest market size for man-made fibres across the top 20 developed countries, with demand reaching USD382 million in 2023. The total number of companies increases in 2023, to 40 units. The costs of the industry decrease by 3.1% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 13.6% of production value in 2023, the second highest across the top 20 developed countries. The industry’s exports share increases in 2023 to 3.3% of total production output. With production value of USD170 million, Australia accounts for 62.4% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Man-made Fibres in Australia: ISIC 243. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Man-made Fibres in Australia: ISIC 243 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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