Sulphites; of Sodium Price in New Zealand - 2023

Contents:

1. Sulphites; of Sodium Price in New Zealand (CIF) - 2023
2. Sulphites; of Sodium Price in New Zealand (FOB) - 2022
3. Sulphites; of Sodium Imports in New Zealand
4. Sulphites; of Sodium Exports in New Zealand

Sulphites; of Sodium Price in New Zealand (CIF) - 2023

In August 2023, the average sulphites; of sodium import price amounted to $513 per ton, shrinking by -9% against the previous month. In general, the import price saw a pronounced downturn. The growth pace was the most rapid in February 2023 when the average import price increased by 49% month-to-month. As a result, import price reached the peak level of $970 per ton. From March 2023 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($718 per ton), while the price for China amounted to $428 per ton.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Thailand (-1.0%).

Sulphites; of Sodium Price in New Zealand (FOB) - 2022

The average sulphites; of sodium export price stood at $1,172 per ton in 2022, with an increase of 3.9% against the previous year. Overall, the export price, however, saw a perceptible setback. The pace of growth was the most pronounced in 2014 an increase of 45%. As a result, the export price reached the peak level of $2,201 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 Papua New Guinea ($2,880 per ton), while the average price for exports to Fiji ($900 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 (+2.8%), while the prices for the other major destinations experienced a decline.

Sulphites; of Sodium Imports in New Zealand

In 2022, purchases abroad of sulphites; of sodia decreased by -25.5% to 3K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 10%. As a result, imports attained the peak of 4.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphites; of sodium imports declined modestly to $2.2M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports attained the peak of $2.2M, leveling off in the following year.

Top Suppliers of Sulphites; of Sodium to New Zealand in 2022:

1. China (1.8K tons)
2. Thailand (1.2K tons)

Sulphites; of Sodium Exports in New Zealand

In 2022, shipments abroad of sulphites; of sodia decreased by -58.9% to 1.9 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 51% against the previous year. As a result, the exports attained the peak of 5.7 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphites; of sodium exports reduced remarkably to $2.2K in 2022. Over the period under review, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 66%. As a result, the exports reached the peak of $5.8K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Sulphites; of Sodium from New Zealand in 2022:

1. Vanuatu (1000.0 kg)
2. Fiji (800.0 kg)
3. Papua New Guinea (50.0 kg)

Source: IndexBox Market Intelligence Platform