New Zealand - Urea Resins And Thiourea Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Urea and Thiourea Resins in New Zealand - 2023
Contents:
- Price for Urea and Thiourea Resins in New Zealand (CIF) - 2022
- Price for Urea and Thiourea Resins in New Zealand (FOB) - 2022
- Imports of Urea and Thiourea Resins in New Zealand
- Exports of Urea and Thiourea Resins in New Zealand
Price for Urea and Thiourea Resins in New Zealand (CIF) - 2022
The average urea and thiourea resins import price stood at $3,360 per ton in 2022, rising by 3.3% against the previous year. In general, the import price saw a moderate expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 126%. The import price peaked in 2022 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 Indonesia ($9,925 per ton), while the price for China ($1,763 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+331.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Urea and Thiourea Resins in New Zealand (FOB) - 2022
In 2022, the average urea and thiourea resins export price amounted to $1,028 per ton, surging by 21% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $1,257 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($1,143 per ton), while the average price for exports to Fiji stood at $1,007 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Urea and Thiourea Resins in New Zealand
In 2022, approx. 167 tons of urea resins and thiourea resins in primary forms were imported into New Zealand; picking up by 32% on the year before. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, urea and thiourea resins imports skyrocketed to $563K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 120%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Urea and Thiourea Resins in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 61.6 | 66.2 | 147 | 244 | 58.2% |
| Germany | N/A | 41.2 | 137 | 106 | 60.4% |
| Norway | 102 | 58.2 | 71.1 | 84.0 | -6.3% |
| United Kingdom | N/A | 2.9 | 13.8 | 83.0 | 435.0% |
| Indonesia | N/A | 3.7 | 17.2 | 39.7 | 227.6% |
| China | 15.5 | 4.8 | 11.7 | 4.0 | -36.3% |
| Thailand | 16.7 | 3.6 | 1.9 | N/A | -66.3% |
| Malaysia | 18.8 | 4.9 | N/A | N/A | -73.9% |
| Others | 19.8 | 2.3 | 13.9 | 2.3 | -51.2% |
| Total | 234 | 188 | 413 | 563 | 34.0% |
Top Suppliers of Urea and Thiourea Resins to New Zealand in 2022:
- United States (93.8 tons)
- United Kingdom (39.7 tons)
- Norway (14.7 tons)
- Germany (12.6 tons)
- Indonesia (4.0 tons)
- China (2.3 tons)
Exports of Urea and Thiourea Resins in New Zealand
In 2022, the amount of urea resins and thiourea resins in primary forms exported from New Zealand reduced notably to 204 tons, waning by -25.4% on 2021 figures. Overall, exports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 3.8% against the previous year.
In value terms, urea and thiourea resins exports declined to $210K in 2022. In general, exports faced a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 5.3% against the previous year.
| Export of Urea and Thiourea Resins in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 597 | 111 | 232 | 173 | -33.8% |
| Brazil | N/A | N/A | N/A | 36.5 | 0% |
| Papua New Guinea | 1,643 | 97.1 | N/A | N/A | -94.1% |
| Others | 47.9 | 12.2 | N/A | N/A | -74.5% |
| Total | 2,288 | 221 | 232 | 210 | -54.9% |
Top Export Markets for Urea and Thiourea Resins from New Zealand in 2022:
- Fiji (172.1 tons)
- Brazil (31.9 tons)
This report provides an in-depth analysis of the market for urea and thiourea resins in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165550 - Urea resins and thiourea resins, in primary forms
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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