New Zealand: Market for Bromides And Bromide Oxides, Iodides And Iodide Oxides 2024

Market Size for Bromides And Bromide Oxides, Iodides And Iodide Oxides in New Zealand

The New Zealand market for bromides and bromide oxides, iodides and iodide oxides dropped to $X in 2022, reducing by X% against the previous year. In general, consumption, however, showed temperate growth. Bromides, iodides and oxids thereof consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Bromides And Bromide Oxides, Iodides And Iodide Oxides in New Zealand

In value terms, bromides, iodides and oxids thereof production fell to $X in 2022 estimated in export price. In general, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Bromides, iodides and oxids thereof production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from New Zealand

In 2022, shipments abroad of bromides and bromide oxides, iodides and iodide oxides increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Overall, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, bromides, iodides and oxids thereof exports rose notably to $X in 2022. Over the period under review, exports showed a moderate expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Fiji (X tons) and Australia (X tons) were the main destinations of bromides, iodides and oxids thereof exports from New Zealand.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%).

In value terms, the largest markets for bromides, iodides and oxids thereof exported from New Zealand were Australia ($X) and Fiji ($X).

Among the main countries of destination, Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average export price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Fiji totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (X%).

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports into New Zealand

In 2022, approx. X tons of bromides and bromide oxides, iodides and iodide oxides were imported into New Zealand; reducing by X% compared with the previous year's figure. Over the period under review, imports, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bromides, iodides and oxids thereof imports surged to $X in 2022. In general, imports, however, recorded measured growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X tons), India (X tons) and Australia (X tons) were the main suppliers of bromides, iodides and oxids thereof imports to New Zealand, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of bromides and bromide oxides, iodides and iodide oxides to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average import price for bromides and bromide oxides, iodides and iodide oxides amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price saw a perceptible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Canada ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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