New Zealand: Diethanolamine Market 2024

Diethanolamine Market Size in New Zealand

The New Zealand diethanolamine market fell markedly to $X in 2022, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a deep downturn. Diethanolamine consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Diethanolamine Exports

Exports from New Zealand

For the third consecutive year, New Zealand recorded decline in shipments abroad of diethanolamine and its salts, which decreased by X% to X tons in 2022. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, diethanolamine exports dropped to $X in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

French Polynesia (X kg), Fiji (X kg) and Vanuatu (X kg) were the main destinations of diethanolamine exports from New Zealand, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Fiji (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for diethanolamine exported from New Zealand were New Caledonia ($X), French Polynesia ($X) and Vanuatu ($X), with a combined X% share of total exports. Fiji lagged somewhat behind, comprising a further X%.

Fiji, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average diethanolamine export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Caledonia ($X per ton), while the average price for exports to Fiji ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Diethanolamine Imports

Imports into New Zealand

In 2022, the amount of diethanolamine and its salts imported into New Zealand contracted markedly to X tons, which is down by X% against 2021 figures. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, diethanolamine imports declined dramatically to $X in 2022. Overall, imports faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest diethanolamine supplier to New Zealand, accounting for a X% share of total imports. Moreover, diethanolamine imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Australia (X tons), more than tenfold. Malaysia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Malaysia (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of diethanolamine and its salts to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Malaysia (X% per year).

Import Prices by Country

The average diethanolamine import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($X per ton) and Australia ($X per ton), while the price for the United States ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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