Price for Dyes; Pigments and Preparations Based Thereon in New Zealand - 2024

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in New Zealand (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in New Zealand (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in New Zealand
  4. Exports of Dyes; Pigments and Preparations Based Thereon in New Zealand

Price for Dyes; Pigments and Preparations Based Thereon in New Zealand (CIF) - 2022

In 2022, the average import price for dyes; pigments and preparations based therea amounted to $11,753 per ton, picking up by 12% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.1% 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 dyes; pigments and preparations based therea increased by +34.5% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($11,754 per ton) and India ($11,754 per ton), while the price for Australia ($11,753 per ton) and Singapore ($11,753 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in New Zealand (FOB) - 2022

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $10,791 per ton, jumping by 17% against the previous year. Over the period under review, the export price saw noticeable growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 169%. As a result, the export price reached the peak level of $18,824 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($10,825 per ton) and Saudi Arabia ($10,798 per ton), while the average price for exports to Tonga ($10,745 per ton) and Cook Islands ($10,768 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in New Zealand

In 2022, the amount of dyes; pigments and preparations based therea imported into New Zealand reduced notably to 439 tons, waning by -41.8% on the year before. Overall, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8% against the previous year.

In value terms, imports of dyes; pigments and preparations based therea contracted rapidly to $5.2M in 2022. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. As a result, imports attained the peak of $7.9M, and then shrank rapidly in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6638978131,09018.0%
Germany1,1771,0441,2281,019-4.7%
Australia2,5042,7332,916730-33.7%
Denmark5696771,1507097.6%
United States397215253312-7.7%
India268318340209-8.0%
Turkey6.24.138.6138181.3%
France370172305138-28.0%
Switzerland89.383.361.612010.4%
Italy62.060.870.211623.2%
VietnamN/AN/A80.410429.4%
Singapore60112.184.287.1-47.5%
Spain11910411386.5-10.1%
Others582640488306-19.3%
Total7,4086,9607,9425,163-11.3%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to New Zealand in 2022:

  1. China (92.7 tons)
  2. Germany (86.7 tons)
  3. Australia (62.1 tons)
  4. Denmark (60.3 tons)
  5. United States (26.5 tons)
  6. India (17.8 tons)
  7. Turkey (11.7 tons)
  8. France (11.7 tons)
  9. Switzerland (10.2 tons)
  10. Italy (9.9 tons)
  11. Vietnam (8.8 tons)
  12. Singapore (7.4 tons)
  13. Spain (7.4 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in New Zealand

In 2022, shipments abroad of dyes; pigments and preparations based therea decreased by -75.8% to 4.6 tons, falling for the second year in a row after two years of growth. In general, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 7.9%. As a result, the exports reached the peak of 35 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of dyes; pigments and preparations based therea shrank notably to $50K in 2022. Over the period under review, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2020 when exports increased by 1.1%. As a result, the exports attained the peak of $317K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Dyes; Pigments and Preparations Based Thereon in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji29723099.229.9-53.5%
Australia1.562.16.26.260.5%
Saudi ArabiaN/AN/AN/A6.00%
Solomon IslandsN/AN/A0.52.2340.0%
Cook IslandsN/AN/A6.42.2-65.6%
United States0.6N/AN/A1.432.6%
Tonga6.9N/AN/A1.1-45.8%
New Caledonia3.00.210.90.1-67.8%
Hong Kong SARN/AN/A53.3N/A0%
Malaysia4.217.7N/AN/A321.4%
OthersN/A6.80.71.1-59.8%
Total31431717750.0-45.8%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from New Zealand in 2022:

  1. Fiji (2774.0 kg)
  2. Australia (574.0 kg)
  3. Saudi Arabia (555.0 kg)
  4. Cook Islands (203.0 kg)
  5. Solomon Islands (202.0 kg)
  6. United States (126.0 kg)
  7. Tonga (98.0 kg)
  8. New Caledonia (6.0 kg)

Source: IndexBox Market Intelligence Platform

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