Price for Poly(Lactic Acid); in Primary Forms in New Zealand - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in New Zealand (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in New Zealand (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in New Zealand
- Exports of Poly(Lactic Acid); in Primary Forms in New Zealand
Price for Poly(Lactic Acid); in Primary Forms in New Zealand (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $3,819 per ton, falling by -21.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 46%. As a result, import price attained the peak level of $6,133 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($8,566 per ton), while the price for China ($3,483 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+55.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in New Zealand (FOB) - 2022
The average export price for poly(lactic acid); in primary formses stood at $1,738 per ton in 2022, with a decrease of -57.5% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2018 an increase of 103% against the previous year. The export price peaked at $4,087 per ton in 2021, and then reduced dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,899 per ton), while the average price for exports to Malaysia ($57 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 Australia (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Poly(Lactic Acid); in Primary Forms in New Zealand
Poly(lactic acid); in primary forms imports into New Zealand soared to 114 tons in 2022, picking up by 132% against the previous year's figure. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 209% against the previous year. As a result, imports attained the peak of 136 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, poly(lactic acid); in primary forms imports surged to $435K in 2022. Overall, imports posted a strong increase. The growth pace was the most rapid in 2020 with an increase of 96% against the previous year. As a result, imports reached the peak of $530K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Poly(Lactic Acid); in Primary Forms in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 123 | 211 | 141 | 376 | 45.1% |
South Korea | 60.7 | 63.4 | 47.0 | 35.5 | -16.4% |
Thailand | N/A | 221 | 2.2 | 10.4 | -78.3% |
China | 83.5 | 31.8 | 41.4 | 8.3 | -53.7% |
Others | 2.5 | 2.9 | 6.3 | 5.1 | 26.8% |
Total | 270 | 530 | 238 | 435 | 17.2% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to New Zealand in 2022:
- United States (102.3 tons)
- South Korea (8.0 tons)
- China (2.4 tons)
- Thailand (1.2 tons)
Exports of Poly(Lactic Acid); in Primary Forms in New Zealand
In 2022, the amount of poly(lactic acid); in primary formses exported from New Zealand soared to 36 tons, jumping by 202% compared with the year before. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 212%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, poly(lactic acid); in primary forms exports soared to $63K in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 320%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Export of Poly(Lactic Acid); in Primary Forms in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | 13.9 | 30.8 | 121.6% |
Thailand | 6.8 | N/A | 22.2 | 30.6 | 65.1% |
Malaysia | N/A | N/A | N/A | 1.1 | 0% |
Taiwan (Chinese) | N/A | 11.6 | 12.6 | N/A | 8.6% |
Others | 0.8 | N/A | N/A | N/A | 0% |
Total | 7.6 | 11.6 | 48.7 | 62.5 | 101.8% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from New Zealand in 2022:
- Malaysia (20.0 tons)
- Australia (8.1 tons)
- Thailand (7.8 tons)
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