Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand - 2022

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $36,902 per ton, jumping by 98% against the previous year. Overall, the import price saw a tangible expansion. 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 Netherlands ($1,011,376 per ton), while the price for Australia ($6,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+34.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $69,959 per ton, picking up by 3.5% against the previous year. Over the period under review, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 183%. As a result, the export price reached the peak level of $102,781 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($64,368 per ton), while the average price for exports to the Netherlands totaled $17,052 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand

For the third consecutive year, New Zealand recorded decline in overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, which decreased by -10.6% to 17 tons in 2022. Over the period under review, imports continue to indicate a significant contraction.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses soared to $625K in 2022. Overall, imports saw a abrupt downturn.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to New Zealand in 2022:

1. China (14.6 tons)
2. Australia (1.7 tons)
3. Netherlands (0.3 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in New Zealand

For the fourth consecutive year, New Zealand recorded growth in overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, which increased by 12% to 371 kg in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,210%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $26K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,084%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from New Zealand in 2022:

1. Netherlands (360.0 kg)
2. United Kingdom (11.0 kg)

Source: IndexBox Market Intelligence Platform