New Zealand - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in New Zealand - 2023
Contents:
- Sodium Triphosphate Price in New Zealand (CIF) - 2023
- Sodium Triphosphate Price in New Zealand (FOB) - 2022
- Sodium Triphosphate Imports in New Zealand
- Sodium Triphosphate Exports in New Zealand
Sodium Triphosphate Price in New Zealand (CIF) - 2023
The average sodium triphosphate import price stood at $2,650 per ton in September 2023, rising by 45% against the previous month. Over the period under review, the import price, however, recorded a mild slump. Over the period under review, average import prices reached the peak figure at $3,134 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($2,766 per ton), while the price for China ($1,253 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (-0.7%), while the prices for the other major suppliers experienced a decline.
Sodium Triphosphate Price in New Zealand (FOB) - 2022
In 2022, the average sodium triphosphate export price amounted to $2,161 per ton, falling by -8.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 23%. The export price peaked at $2,372 per ton in 2021, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +0.9% per year.
Sodium Triphosphate Imports in New Zealand
For the fourth year in a row, New Zealand recorded growth in overseas purchases of sodium triphosphate (sodium tripolyphosphates), which increased by 53% to 1.9K tons in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, sodium triphosphate imports skyrocketed to $1.8M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Sodium Triphosphate in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 297 | 390 | 376 | 923 | 45.9% |
| China | 192 | 252 | 368 | 842 | 63.7% |
| Belgium | 78.1 | 71.0 | 48.6 | 9.9 | -49.8% |
| Others | 140 | 121 | 534 | 38.0 | -35.3% |
| Total | 707 | 835 | 1,326 | 1,812 | 36.9% |
Top Suppliers of Sodium Triphosphate to New Zealand in 2022:
- China (1083.6 tons)
- Thailand (757.5 tons)
- Belgium (3.5 tons)
Sodium Triphosphate Exports in New Zealand
In 2022, shipments abroad of sodium triphosphate (sodium tripolyphosphates) decreased by -98.5% to 149 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 22%. As a result, the exports attained the peak of 9.8 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sodium triphosphate exports contracted significantly to $322 in 2022. In general, exports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 28% against the previous year.
| Export of Sodium Triphosphate in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 2.2 | 6.5 | 0.2 | 0.3 | -48.5% |
| French Polynesia | 12.8 | 13.2 | 21.8 | N/A | 30.5% |
| Australia | 1.4 | 1.1 | 1.0 | N/A | -15.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.4 | 20.9 | 23.0 | 0.3 | -73.7% |
Top Export Markets for Sodium Triphosphate from New Zealand in 2022:
- Fiji (149.0 kg)
This report provides an in-depth analysis of the sodium triphosphate market 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)
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
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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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