Salts; Molybdates Price in New Zealand - 2023

Contents:

1. Salts; Molybdates Price in New Zealand (CIF) - 2022
2. Salts; Molybdates Price in New Zealand (FOB) - 2022
3. Salts; Molybdates Imports in New Zealand
4. Salts; Molybdates Exports in New Zealand

Salts; Molybdates Price in New Zealand (CIF) - 2022

The average salts; molybdates import price stood at $15,669 per ton in 2022, rising by 11% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 28%. As a result, import price attained the peak level of $17,572 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 United States ($35,020 per ton), while the price for China ($11,567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Molybdates Price in New Zealand (FOB) - 2022

The average salts; molybdates export price stood at $46,684 per ton in 2022, surging by 140% against the previous year. Over the period under review, the export price posted a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Caledonia ($57,400 per ton), while the average price for exports to Fiji amounted to $42,857 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (-3.0%), while the prices for the other major destinations experienced a decline.

Salts; Molybdates Imports in New Zealand

After three years of growth, purchases abroad of salts; molybdateses decreased by -11.5% to 44 tons in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of 50 tons, and then declined in the following year.

In value terms, salts; molybdates imports reduced modestly to $687K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. As a result, imports reached the peak of $703K, and then fell slightly in the following year.

Top Suppliers of Salts; Molybdates to New Zealand in 2022:

1. China (28.9 tons)
2. India (10.0 tons)
3. United States (4.0 tons)

Salts; Molybdates Exports in New Zealand

For the third consecutive year, New Zealand recorded decline in shipments abroad of salts; molybdateses, which decreased by -83.2% to 19 kg in 2022. Over the period under review, exports saw a sharp shrinkage. The smallest decline of -48.3% was in 2020.

In value terms, salts; molybdates exports plummeted to $887 in 2022. In general, exports saw a precipitous decline. The smallest decline of -36.4% was in 2020.

Top Export Markets for Salts; Molybdates from New Zealand in 2022:

1. Fiji (14.0 kg)
2. New Caledonia (5.0 kg)

Source: IndexBox Market Intelligence Platform