Jun 2, 2025
IndexBox has just published a new report: Australia – P-Xylene – Market Analysis, Forecast, Size, Trends And Insights.
The Australian p-xylene market is set to experience growth in the coming years, with a projected CAGR of +1.8% in volume and +3.0% in value from 2024 to 2035. By the end of 2035, market volume is predicted to reach 11 kg and market value is expected to reach $79 in nominal prices.
Market Forecast
Driven by rising demand for p-xylene in Australia, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.8% for the period from 2024 to 2035, which is projected to bring the market volume to 11 kg by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.0% for the period from 2024 to 2035, which is projected to bring the market value to $79 (in nominal wholesale prices) by the end of 2035.
ConsumptionAustralia’s Consumption of P-Xylene
In 2024, consumption of p-xylene increased by 0% to 9 kg for the first time since 2019, thus ending a four-year declining trend. In general, consumption recorded a abrupt decline. Over the period under review, consumption hit record highs at 566 kg in 2015; however, from 2016 to 2024, consumption stood at a somewhat lower figure.
The size of the p-xylene market in Australia skyrocketed to $57 in 2024, increasing by 217% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt contraction. As a result, consumption attained the peak level of $1.1K. From 2020 to 2024, the growth of the market failed to regain momentum.
ProductionAustralia’s Production of P-Xylene
In 2024, the amount of p-xylene produced in Australia amounted to 10 kg, flattening at 2023. Over the period under review, production showed a precipitous curtailment. The pace of growth appeared the most rapid in 2022 with a decrease of 99.9%. Over the period under review, production hit record highs at 142 kg in 2021; however, from 2022 to 2024, production remained at a lower figure.
In value terms, p-xylene production amounted to $10 in 2024 estimated in export price. Overall, production showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2022 with a decrease of 99.9% against the previous year. Over the period under review, production hit record highs at $127 in 2021; however, from 2022 to 2024, production stood at a somewhat lower figure.
ImportsAustralia’s Imports of P-Xylene
P-xylene imports into Australia skyrocketed to 19 kg in 2024, picking up by 111% compared with the previous year. In general, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2019 when imports increased by 8,550% against the previous year. Over the period under review, imports attained the maximum at 566 kg in 2015; however, from 2016 to 2024, imports remained at a lower figure.
In value terms, p-xylene imports surged to $42 in 2024. Overall, imports, however, saw a deep contraction. The growth pace was the most rapid in 2019 with an increase of 553% against the previous year. As a result, imports attained the peak of $1.1K. From 2020 to 2024, the growth of imports remained at a lower figure.
Imports By Country
Germany (12 kg), China (6 kg) and Belgium (1 kg) were the main suppliers of p-xylene imports to Australia. Moreover, p-xylene imports in Germany exceeded the figures recorded by the second-largest supplier, China, twofold.
From 2013 to 2024, the biggest increases were recorded for China (with a CAGR of +17.7%), while purchases for the other leaders experienced a decline.
In value terms, the largest p-xylene suppliers to Australia were China ($20), Germany ($16) and Belgium ($6).
China, with a CAGR of +11.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices By Country
The average p-xylene import price stood at $2,211 per ton in 2024, rising by 11% against the previous year. Over the period under review, the import price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 2,162%. As a result, import price attained the peak level of $49,455 per ton. From 2018 to 2024, the average 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 Belgium ($6,000 per ton), while the price for Germany ($1,333 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Belgium (+14.9%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the p-xylene market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:Prodcom 20141245 – p-Xylene Country coverage:Data coverage:Market volume and valuePer Capita consumptionForecast of the market dynamics in the medium termTrade (exports and imports) in AustraliaExport and import pricesMarket trends, drivers and restraintsKey market players and their profilesReasons to buy this report:Take advantage of the latest dataFind deeper insights into current market developmentsDiscover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
How to diversify your business and benefit from new market opportunitiesHow to load your idle production capacityHow to boost your sales on overseas marketsHow to increase your profit marginsHow to make your supply chain more sustainableHow to reduce your production and supply chain costsHow to outsource production to other countriesHow to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.