Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand - 2024
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,591 per ton in 2022, growing by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2021 an increase of 19%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,092 per ton), while the price for Malaysia ($1,364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand (FOB) - 2022
In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,818 per ton, with a decrease of -20% against the previous year. In general, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 86% against the previous year. As a result, the export price reached the peak level of $3,522 per ton, and then declined significantly in the following year.
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 New Caledonia ($4,267 per ton), while the average price for exports to South Korea ($528 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 Fiji (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand
In 2022, approx. 5.7K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were imported into New Zealand; increasing by 3% against the year before. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded rapidly to $26M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5.7 | 5.3 | 6.9 | 7.3 | 8.6% |
| Germany | 4.0 | 4.5 | 7.0 | 7.3 | 22.2% |
| United States | 2.5 | 2.6 | 3.6 | 3.8 | 15.0% |
| Italy | 0.6 | 0.6 | 1.1 | 2.1 | 51.8% |
| Belgium | 0.8 | 0.8 | 1.1 | 1.0 | 7.7% |
| China | 0.5 | 0.6 | 0.8 | 0.9 | 21.6% |
| Spain | 0.5 | 0.6 | 0.7 | 0.7 | 11.9% |
| United Kingdom | 0.5 | 0.5 | 1.0 | 0.6 | 6.3% |
| Switzerland | 0.9 | 0.6 | 0.6 | 0.5 | -17.8% |
| Malaysia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 1.6 | 1.3 | 1.6 | 1.8 | 4.0% |
| Total | 17.5 | 17.4 | 24.4 | 26.0 | 14.1% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to New Zealand in 2022:
- Australia (2428.0 tons)
- Germany (1481.7 tons)
- Italy (430.6 tons)
- United States (270.4 tons)
- China (185.5 tons)
- Spain (160.7 tons)
- Belgium (156.0 tons)
- Malaysia (93.0 tons)
- United Kingdom (71.6 tons)
- Switzerland (66.7 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand
In 2022, overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins) were finally on the rise to reach 691 tons after two years of decline. Overall, exports, however, recorded a deep setback.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded significantly to $1.9M in 2022. Over the period under review, exports, however, saw a mild reduction.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,402 | 902 | 1,074 | 1,138 | -6.7% |
| Fiji | 134 | 280 | 182 | 269 | 26.1% |
| New Caledonia | 107 | 92.3 | 125 | 194 | 21.9% |
| Papua New Guinea | 26.5 | 5.4 | 37.4 | 103 | 57.2% |
| South Korea | 129 | 74.6 | 32.0 | 81.3 | -14.3% |
| French Polynesia | 95.5 | 34.9 | 83.0 | 49.0 | -19.9% |
| Others | 158 | 201 | 207 | 113 | -10.6% |
| Total | 2,051 | 1,591 | 1,740 | 1,947 | -1.7% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from New Zealand in 2022:
- Australia (314.1 tons)
- South Korea (154.0 tons)
- Fiji (113.8 tons)
- New Caledonia (45.4 tons)
- Papua New Guinea (27.6 tons)
- French Polynesia (12.2 tons)
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