Report Update: May 1, 2024

New Zealand - Glues Based On Starches, Dextrins Or Other Modified Starches - Market Analysis, Forecast, Size, Trends And Insights

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Starch Glue Price in New Zealand - 2023

Starch Glue Price in New Zealand (FOB) - 2022

The average starch glue export price stood at $6,744 per ton in 2022, rising by 96% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 400% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($9,888 per ton), while the average price for exports to Samoa ($1,603 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 Fiji (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.

Starch Glue Price in New Zealand (CIF) - 2022

In 2022, the average starch glue import price amounted to $1,953 per ton, standing approx. at the previous year. Overall, the import price, however, recorded a deep contraction. The growth pace was the most rapid in 2017 an increase of 64% against the previous year. Over the period under review, average import prices hit record highs at $3,652 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($32,042 per ton), while the price for the UK ($1,757 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Starch Glue Exports in New Zealand

For the third year in a row, New Zealand recorded decline in overseas shipments of glues based on starches, dextrins or other modified starches, which decreased by -79.3% to 7.4 tons in 2022. Overall, exports saw a significant decrease. The smallest decline of -57.1% was in 2020.

In value terms, starch glue exports contracted dramatically to $50K in 2022. In general, exports recorded a significant decline. The smallest decline of -27.4% was in 2021.

Export of Starch Glue in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Fiji	461	92.7	48.4	38.7	-56.2%
Australia	47.8	44.4	17.9	7.1	-47.0%
Vanuatu	18.6	18.7	20.5	4.0	-40.1%
Samoa	2.4	1.8	1.8	0.4	-45.0%
Germany	N/A	10.9	16.3	N/A	49.5%
Others	1.0	1.8	18.8	N/A	333.6%
Total	531	170	124	50.2	-54.4%

Top Export Markets for Starch Glue from New Zealand in 2022:

Fiji (3.9 tons)
Australia (2.4 tons)
Vanuatu (0.8 tons)
Samoa (0.2 tons)

Starch Glue Imports in New Zealand

In 2022, the amount of glues based on starches, dextrins or other modified starches imported into New Zealand surged to 75 tons, increasing by 88% on 2021. Overall, imports posted strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 214%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, starch glue imports soared to $147K in 2022. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Starch Glue in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	20.8	7.5	56.3	95.1	66.0%
China	44.4	5.2	8.0	31.9	-10.4%
Australia	6.2	7.0	2.3	8.6	11.5%
Germany	15.6	N/A	N/A	N/A	0%
Others	10.0	13.5	11.0	11.7	5.4%
Total	97.0	33.2	77.5	147	14.9%

Top Suppliers of Starch Glue to New Zealand in 2022:

United Kingdom (54.1 tons)
China (17.0 tons)
Australia (2.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the starch glue 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 20521060 - Glues based on starches, dextrins or other modified starches

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023