Report Update: May 1, 2024

New Zealand - Composite Diagnostic Or Laboratory Reagents - Market Analysis, Forecast, Size, Trends And Insights

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Composite Laboratory Reagents Price in New Zealand - 2023

Composite Laboratory Reagents Price in New Zealand (CIF) - 2022

The average composite laboratory reagents import price stood at $107,879 per ton in 2022, with a decrease of -34.6% against the previous year. In general, the import price, however, showed a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 71% against the previous year. Over the period under review, average import prices reached the maximum at $181,573 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($241,547 per ton), while the price for Singapore ($55,395 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Composite Laboratory Reagents Price in New Zealand (FOB) - 2023

The average composite laboratory reagents export price stood at $210K per ton in August 2023, with an increase of 4.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In August 2023, the countries with the highest prices were Tuvalu ($219K per ton) and Cook Islands ($219K per ton), while the average price for exports to Solomon Islands ($205K per ton) and Estonia ($205K per ton) were amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Composite Laboratory Reagents Imports in New Zealand

For the fourth consecutive year, New Zealand recorded growth in overseas purchases of composite diagnostic or laboratory reagents, which increased by 424% to 4.5K tons in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, composite laboratory reagents imports skyrocketed to $490M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Composite Laboratory Reagents in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	12.0	19.4	53.7	205	157.5%
China	0.1	0.8	1.6	166	1084.0%
United States	38.1	38.0	22.3	32.9	-4.8%
Germany	5.9	7.4	8.9	14.6	35.3%
Singapore	5.7	11.2	13.0	11.1	24.9%
South Korea	3.4	5.1	4.2	N/A	11.1%
Others	24.4	25.0	39.3	60.6	35.4%
Total	89.7	107	143	490	76.1%

Top Suppliers of Composite Laboratory Reagents to New Zealand in 2022:

China (2493.3 tons)
Australia (1010.5 tons)
Singapore (200.8 tons)
Germany (161.3 tons)
United States (136.3 tons)

Composite Laboratory Reagents Exports in New Zealand

In 2022, the amount of composite diagnostic or laboratory reagents exported from New Zealand skyrocketed to 116 tons, jumping by 719% against the previous year's figure. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, composite laboratory reagents exports surged to $23M in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Composite Laboratory Reagents in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	7.7	7.0	2.3	6,216	831.1%
Australia	448	1,459	1,872	3,342	95.4%
Hong Kong SAR	5.8	51.2	101	3,140	715.0%
United States	1,689	2,734	898	2,456	13.3%
Fiji	895	1,612	1,999	2,089	32.6%
French Polynesia	1,137	1,132	924	1,272	3.8%
Samoa	246	380	174	577	32.9%
New Caledonia	260	251	428	566	29.6%
Papua New Guinea	64.1	143	288	543	103.9%
South Korea	36.9	12.9	56.8	409	123.0%
Philippines	N/A	197	222	406	43.6%
Germany	3,338	1,942	790	136	-65.6%
Others	1,368	1,703	1,648	1,924	12.0%
Total	9,495	11,624	9,402	23,075	34.4%

Top Export Markets for Composite Laboratory Reagents from New Zealand in 2022:

Taiwan (Chinese) (26.5 tons)
Australia (17.9 tons)
Hong Kong SAR (16.2 tons)
United States (14.4 tons)
Fiji (11.1 tons)
French Polynesia (6.4 tons)
Samoa (2.8 tons)
New Caledonia (2.8 tons)
Papua New Guinea (2.8 tons)
South Korea (2.4 tons)
Philippines (1.9 tons)
Germany (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the composite laboratory reagents market in New Zealand. 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 20595210 - Composite diagnostic or laboratory reagents, including paper impregnated or coated with diagnostic or laboratory reagents

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover 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 opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023