Gold Compounds Price in New Zealand - 2023

Contents:

1. Gold Compounds Price in New Zealand (FOB) - 2022
2. Gold Compounds Price in New Zealand (CIF) - 2022
3. Gold Compounds Exports in New Zealand
4. Gold Compounds Imports in New Zealand

Gold Compounds Price in New Zealand (FOB) - 2022

The average gold compounds export price stood at $7,223,500 per ton in 2022, rising by 7.5% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 4,230% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($23,369,000 per ton), while the average price for exports to Ireland ($47,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Gold Compounds Price in New Zealand (CIF) - 2022

In 2022, the average gold compounds import price amounted to $3,198,000 per ton, with an increase of 109% against the previous year. Overall, the import price saw buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($9,340,000 per ton), while the price for China ($112,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Gold Compounds Exports in New Zealand

In 2022, the amount of gold compoundses exported from New Zealand dropped to 6 kg, which is down by -14.3% on 2021. In general, exports saw a abrupt curtailment.

In value terms, gold compounds exports dropped to $43K in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2020 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 19%. As a result, the exports reached the peak of $47K, and then declined in the following year.

Top Export Markets for Gold Compounds from New Zealand in 2022:

1. Turkey (1.0 kg)
2. Australia (1.0 kg)
3. Ireland (1.0 kg)
4. Philippines (1.0 kg)
5. Chile (1.0 kg)

Gold Compounds Imports in New Zealand

In 2022, overseas purchases of gold compoundses decreased by -70% to 3 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a precipitous descent. The growth pace was the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of 10 kg, and then dropped significantly in the following year.

In value terms, gold compounds imports shrank significantly to $9.6K in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 130%. As a result, imports attained the peak of $15K, and then contracted significantly in the following year.

Top Suppliers of Gold Compounds to New Zealand in 2022:

1. United States (1.0 kg)
2. Germany (1.0 kg)
3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform