Report Update: May 4, 2024

New Zealand - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights

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Sulphates Price in New Zealand - 2023

Sulphates Price in New Zealand (CIF) - 2023

The average sulphates import price stood at $480 per ton in August 2023, falling by -18.8% against the previous month. Over the period under review, the import price recorded a noticeable decline. The growth pace was the most rapid in April 2023 an increase of 155% m-o-m. The import price peaked at $1,261 per ton in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Taiwan (Chinese) ($2,461 per ton), while the price for China stood at $423 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.2%).

Sulphates Price in New Zealand (FOB) - 2022

The average sulphates export price stood at $2,989 per ton in 2022, growing by 21% against the previous year. In general, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs at $9,170 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($4,928 per ton), while the average price for exports to French Polynesia ($886 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 New Caledonia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates Imports in New Zealand

In 2022, supplies from abroad of sulphates (excluding those of aluminium and barium) decreased by -7.2% to 39K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. As a result, imports attained the peak of 54K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sulphates imports soared to $32M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphates in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	12.3	14.3	16.4	21.5	20.5%
Taiwan (Chinese)	2.5	2.1	3.4	3.9	16.0%
India	0.7	0.3	0.6	1.5	28.9%
Thailand	0.7	1.1	1.6	0.9	8.7%
Indonesia	0.2	0.1	N/A	0.5	35.7%
Others	2.7	3.5	2.5	3.7	11.1%
Total	19.1	21.4	24.5	32.0	18.8%

Top Suppliers of Sulphates to New Zealand in 2022:

China (30.4K tons)
Thailand (4.1K tons)
Taiwan (Chinese) (1.4K tons)
India (1.4K tons)
Indonesia (0.9K tons)

Sulphates Exports in New Zealand

In 2022, shipments abroad of sulphates (excluding those of aluminium and barium) was finally on the rise to reach 94 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a moderate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates exports soared to $280K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphates in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	24.0	30.5	36.5	221	109.6%
New Caledonia	31.1	28.4	2.8	20.0	-13.7%
Fiji	32.5	11.5	12.7	14.2	-24.1%
Papua New Guinea	28.5	6.9	14.9	13.0	-23.0%
French Polynesia	1.4	3.6	1.9	8.2	80.3%
Samoa	1.7	1.4	1.6	0.2	-51.0%
Others	21.9	6.6	26.2	3.1	-47.9%
Total	141	88.9	96.7	280	25.7%

Top Export Markets for Sulphates from New Zealand in 2022:

Australia (44.9 tons)
New Caledonia (18.1 tons)
Papua New Guinea (12.0 tons)
French Polynesia (9.3 tons)
Fiji (7.3 tons)
Samoa (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sulphates 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 20134157 - Sulphates (excluding those of aluminium and barium)

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