Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand - 2022
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand (CIF) - 2022
In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $7,027 per ton, picking up by 15% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -21.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 27%. As a result, import price reached the peak level of $8,917 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 China ($12,771 per ton), while the price for the United States ($4,461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $2,791 per ton in 2022, picking up by 9.4% against the previous year. In general, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 76%. As a result, the export price reached the peak level of $17,722 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Tonga amounted to +6.6% per year.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand
After three years of growth, overseas purchases of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -1.1% to 3.3 tons in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of 3.4 tons, and then declined in the following year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol stood at $23K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.1% 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 +100.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 0.1 | 4.9 | 14.2 | 86.2% |
| Germany | 0.2 | 0.1 | 3.3 | 6.8 | 224.0% |
| United States | 1.4 | 0.6 | 1.9 | 2.2 | 16.3% |
| India | 0.3 | 6.3 | 2.5 | 0.3 | 0.0% |
| Singapore | 1.0 | 1.3 | 1.9 | N/A | 37.8% |
| Italy | 1.0 | 1.4 | 1.0 | N/A | 0.0% |
| Australia | 4.9 | 4.0 | 0.3 | N/A | -75.3% |
| Others | 0.7 | 2.7 | 4.9 | N/A | 164.6% |
| Total | 11.7 | 16.6 | 20.7 | 23.5 | 26.2% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to New Zealand in 2022:
- China (1114.0 kg)
- Germany (998.0 kg)
- United States (497.0 kg)
- India (22.0 kg)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand
In 2022, approx. 369 kg of alcohols; aromatic and derivatives, other than benzyl alcohol were exported from New Zealand; reducing by -18% compared with 2021 figures. Overall, exports showed a precipitous contraction.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol shrank to $1K in 2022. In general, exports showed a sharp descent.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 0.1 | 0.1 | 0.1 | 1.0 | 115.4% |
| Singapore | 3.0 | 0.6 | 0.4 | N/A | -63.5% |
| Tonga | 2.1 | 2.4 | 0.6 | N/A | -46.5% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 5.2 | 3.2 | 1.1 | 1.0 | -42.3% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from New Zealand in 2022:
- Fiji (369.0 kg)
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