Price for Metals; Palladium, Unwrought or in Powder Form in New Zealand - 2023

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in New Zealand (CIF) - 2022
2. Price for Metals; Palladium, Unwrought or in Powder Form in New Zealand (FOB) - 2022
3. Imports of Metals; Palladium, Unwrought or in Powder Form in New Zealand
4. Exports of Metals; Palladium, Unwrought or in Powder Form in New Zealand

Price for Metals; Palladium, Unwrought or in Powder Form in New Zealand (CIF) - 2022

In 2022, the average import price for metals; palladium, unwrought or in powder forms amounted to $2,217,000 per ton, with a decrease of -88.6% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 52% against the previous year. The import price peaked at $34,522,067 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +9.8% per year.

Price for Metals; Palladium, Unwrought or in Powder Form in New Zealand (FOB) - 2022

In 2022, the average export price for metals; palladium, unwrought or in powder forms amounted to $321,333 per ton, dropping by -99.3% against the previous year. Over the period under review, the export price saw a dramatic decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by 81% against the previous year. The export price peaked at $66,443,706 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($562,000 per ton), while the average price for exports to Australia ($1,000 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 Thailand (+22.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Metals; Palladium, Unwrought or in Powder Form in New Zealand

Imports of metals; palladium, unwrought or in powder forms into New Zealand declined markedly to 1 kg in 2022, which is down by -96.3% compared with the previous year. In general, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, imports attained the peak of 27 kg, and then contracted markedly in the following year.

In value terms, imports of metals; palladium, unwrought or in powder forms shrank rapidly to $2.2K in 2022. Over the period under review, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 1.1% against the previous year.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to New Zealand in 2022:

1. United States (1.0 kg)

Exports of Metals; Palladium, Unwrought or in Powder Form in New Zealand

In 2022, shipments abroad of metals; palladium, unwrought or in powder forms decreased by -88.5% to 3 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a sharp setback. The pace of growth was the most pronounced in 2021 when exports increased by 53%. As a result, the exports reached the peak of 26 kg, and then dropped sharply in the following year.

In value terms, exports of metals; palladium, unwrought or in powder forms fell significantly to $964 in 2022. Over the period under review, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from New Zealand in 2022:

1. Thailand (1.0 kg)
2. Australia (1.0 kg)
3. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform